Rapid Growth and Trailblazing Tech in 2020 Positions CloudBolt Software to Redefine Cloud Management in 2021
January 19 2021 - 10:00AM
CloudBolt Software, the enterprise cloud management leader,
solidified its position as the intelligent choice for cloud
management in 2020. With significant growth and global expansion,
two acquisitions, and game-changing innovation, CloudBolt’s
comprehensive, award-winning solutions are positioned to lead a
paradigm shift in cloud management in 2021. Major accomplishments
to help enterprises anywhere on their hybrid cloud, multicloud
journey include:
Two AcquisitionsTwo significant acquisitions
propelled CloudBolt’s game-changing cloud management vision:
SovLabs, leading provider of codeless integrations for hybrid
cloud, and Kumolus, an innovator of cloud cost management, security
and governance solutions. With Kumolus, CloudBolt gained a
SaaS-based offering to help enterprises radically simplify how they
visualize their public cloud environments like AWS and Azure while
continuously optimizing them for cost, security, and compliance. In
addition, CloudBolt expanded its APAC base with the
acquisition.With SovLabs, CloudBolt filled a vital missing link in
traditional cloud management approaches— the need to solve complex
integration challenges. OneFuse, a first-of-its-kind codeless
integration technology born from the acquisition, utilizes
intelligent abstraction to enable IT to vastly reduce the high cost
and complexity of custom coding integrations for toolsets like
VMware vRealize Automation, HashiCorp Terraform, Kubernetes, and
others, while improving visibility and governance. The acquisition
also doubled CloudBolt’s global customer base and increased its
employee headcount by 50%.
Series B FundingIn the fourth quarter of 2020,
CloudBolt announced $35M in series B funding to further expand its
product development and go-to-market functions to accelerate its
global growth objectives. Insight Partners, a global venture
capital and private equity firm, led the round with venture debt
participation from Hercules Capital Inc. (NYSE: HTGC) and Bridge
Bank.
Technology InnovationCloudBolt released
versions 9.2, 9.3, and 9.4 of its flagship hybrid cloud management
platform (CMP) and added to its position as the most flexible CMP
on the market. These latest releases focused on helping ITOps and
DevOps teams simplify Terraform and Kubernetes adoption; featured
advanced security and cost management capabilities for public
cloud; and deepened integrations with cloud providers like AWS,
Azure, and GCP as well as ecosystem players like VMware, Red Hat
OpenShift, ServiceNow, Splunk, Cohesity, Rubrik, Veeam and many
others.
In addition, the market launch of OneFuse solidified CloudBolt’s
visionary position in the rapidly evolving market space by making
integrations a critical capability on the hybrid cloud, multicloud
journey. With OneFuse, enterprises can now dramatically accelerate
their infrastructure automation initiatives by codelessly extending
and integrating their cloud management and automation tools—all
without the high cost, complexity, or governance risks of custom
code.
Executive Team ExpansionIn 2020, CloudBolt
expanded its executive team to drive the company’s next growth
phase and rapidly scale the business globally. Jeff Kukowski became
Chief Executive Officer and a member of CloudBolt’s Board of
Directors. Nick Mansour was brought on board as Chief Revenue
Officer. Other key hires included Larry Kraft as SVP, Global
Channels and Alliances, Chrissy Chambers as SVP, Customer Success,
and Patrick Malaperiman as VP of Sales for EMEA. Finally, two
industry cybersecurity experts, Justin Dolly and Steve Moore,
joined CloudBolt’s Board of Advisors to help accelerate CloudBolt’s
offerings in the cloud security, governance, and compliance
spaces.
Industry Awards and AccoladesIn 2020, the
company also achieved other significant highlights, further
validating why customers love CloudBolt:
- Named in Gartner’s 2020 Magic Quadrant for Cloud Management
Platforms
- Winner of the 2020 SIIA CODiE Award for Best Cloud Management
Solution
- Placed #780 on Inc. Magazine's annual Inc. 5000 list
- Placed #199 on Deloitte’s 2020 Technology Fast 500, a ranking
of the 500 fastest-growing tech companies in North America
- Placed #68 in Forbes' annual list of America's Best Startup
Employers of 2020, among 500 featured companies
- 5-Star rating from CRN, a brand of The Channel Company, in its
2020 Partner Program Guide
“I would like to thank our customers, partners, investors, and
employees for a tremendous 2020 with even more excitement for
2021,” said Jeff Kukowski, chief executive officer of CloudBolt
Software. “We’re now clearly at the forefront of an evolving hybrid
cloud, multicloud landscape where flexibility and intelligence are
key to helping enterprises meet their most pressing
challenges—whether that’s complex integrations, simpler automation,
or continuous cost, security, and governance optimization. With our
recent acquisitions and continued innovations, CloudBolt offers the
most comprehensive set of solutions to help enterprises accelerate
their digital transformation journey. The new year marks a major
shift in cloud management priorities and capabilities, and we
couldn’t be more excited to lead that change.”
About CloudBolt SoftwareCloudBolt Software is
the enterprise cloud management leader. With our comprehensive
solutions for cloud integrations, self-service IT, cost
optimization, and security, we help enterprises simplify complexity
and achieve rapid time-to-value anywhere on their hybrid cloud,
multicloud journey. Our award-winning cloud management platform and
codeless integration solutions are deployed and loved by
enterprises worldwide. Backed by Insight Partners, CloudBolt
Software has been named one of the fastest-growing private
companies on the Deloitte Fast 500 and Inc. 5000 lists. In
addition, CloudBolt is 2020 CODiE award winner for best cloud
management and featured in Gartner’s Magic Quadrant for Cloud
Management Platforms. For more information, visit
www.cloudbolt.io.
Media Contact:Shannon MullinsScratch Marketing
+ Media for CloudBolt Softwareshannon@scratchmm.com
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