Wednesday 13 June 2012

Onset Ventures-Cruiser-Money

Cloud Cruiser Raises $6M From ONSET Ventures To Help Companies Get Their Cloud Costs Under Control

It seems like everyone is moving their IT into the cloud, but very few organizations have a real good sense of how much money they're actually spending there -- or how much money they could be saving by optimizing their costs. That's a problem Cloud Cruiser is looking to solve, by giving companies a comprehensive dashboard to see and manage all their cloud resources. To do so, the company has raised $6 million in Series B funding led by ONSET Ventures and added ONSET founder Terry Opdendyk to its board of directors.Founded in 2010, Cloud Cruiser has built a management platform that integrates with existing enterprise cloud services, keeping a running tally of all the services that a company is using and allowing businesses to lower costs by optimizing usage. Businesses can set budgets and track spend across the entire organization, tying services to individual users or groups. That lets enterprises get very granular reports about where their money is going and get alerts when spending hits certain thresholds. read more..

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