Cloudyn, a company that made its name assessing companies’ workloads running in Amazon Web Services, now has $4 million in fresh funding from Titanium Investments, with an additional contribution from RDSeed.
The company started out focusing on how to help [company]Amazon[/company] Web Services customers optimize their workloads, before broadening out to monitor jobs running in Google’s cloud and Rackspace OpenStack-based clouds as well. The idea is to help customers determine which cloud or cloud combo is most cost-effective and appropriate for their work.
[company]Cloudyn[/company] claims it manages eight percent of total AWS spending worldwide, including some 2,400 customers from small companies to Fortune 500 behemoths.
Competitors include [company]Cloudability[/company] and Newvem, now part of Datapipe, as well as offerings from the cloud providers themselves, although Amazon’s tools (like Trusted Advisor) help AWS customers monitor AWS resources, not analogous compute/storage, etc. in third-party clouds.
Given the arms race among public cloud providers AWS, [company]Google[/company] and [company]Microsoft[/company] Azure, a tool that purports to offer objective measure of performance and cost is valuable. Azure is not on Cloudyn’s list of supported clouds yet but that’s coming in the fourth quarter, the company said.
This round brings total funding in Cloudyn, based in Israel, to $5.5 million.