Seattle and Chennai-based enterprise cloud governance technology startup CoreStack, which has a large R&D Centre in Chennai, on Wednesday said it has raised $8.5 million in Series A funding round led by Naya Ventures, with participation from strategic investors.
“CoreStack has a huge potential for upward growth with the increasing demand for its autonomous, scalable, and profitable cloud governance solution,” said Dayakar.
Founded in 2016 by enterprise cloud veterans Ezhilarasan Natarajan, Sabapathy Arumugam, Krishnakumar Narayanan, and Thiruvalluvar NB, CoreStack is a venture-backed startup that empowers enterprises to achieve continuous and autonomous cloud governance at scale.
The Series A financing follows a record year of growth for CoreStack, and rapidly growing enterprise clients across the US, Europe, and India.
The company said it made key executive appointments, earning significant market traction with enterprises adopting CoreStack for large scale cloud implementation. | To read full story, visit https://startuparound.com/read/1584525604.9088812/[Funding-alert]-Enterprise-cloud-governance-startup-CoreStack-raises-$8.5M-in-series-A-round-led-by-Naya-Ventures?ref=audio_experience