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Cloudability Closes $24M to Invest in Cloud Cost Management Platform

Cloudability Closes $24M to Invest in Cloud Cost Management Platform

June 6, 2016

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Cloud cost monitoring platform Cloudability announced on Monday that it has closed a $24 million Series B round of financing, led by the Foundry Select Fund.

According to a blog post by Mat Ellis, Cloudability CEO and founder, the funding will be used to invest in the product, which aims to create more transparency around cloud cost and utilization.

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