Spot.io founder nets $7 million Seed round to tackle cloud chaos with new startup
Spot.io founder nets $7 million Seed round to tackle cloud chaos with new startup
Aharon Twizer's ControlMonkey aims to revolutionize how enterprise cloud teams deliver and govern infrastructure at scale.
ControlMonkey, which has developed an end-to-end cloud automation platform, announced on Wednesday its global launch and the close of a $7 million Seed round, co-led by lool ventures and Joule Ventures. Lool ventures and Joule Ventures were joined in the round by Gaia Ventures and its founder, Deepak Krishnamurthy; Vadim Solovey and Yoav Toussia-Cohen, co-founders of DoiT; Asaf Ezra, CEO and co-founder of Granulate; and Ariel Assaraf, CEO and co-founder of Coralogix, among others.
The funding will accelerate development of ControlMonkey's cloud governance tools and expand its global operations, including significant investments in engineering, customer success, and go-to-market initiatives.
Founded by cloud industry veterans Aharon Twizer (co-founder of Spot.io–acquired by NetApp for $450M in 2020) and Ori Yemini (founding engineer of Spot.io), ControlMonkey aims to revolutionize how enterprise cloud teams deliver and govern infrastructure at scale. According to the company, by combining industry-leading AI tools with enterprise-grade automation, the platform helps customers like Intel, Square, Comcast and NetApp achieve a 30% boost in cloud team productivity, 3x faster deployment times, and 50% fewer production tickets.
“Today, we are supercharging the Infrastructure Delivery Revolution,” said Aharon Twizer, CEO and co-founder. “Just like GitHub and Jfrog revolutionized software delivery, ControlMonkey is transforming the cloud industry. By making infrastructure delivery as easy to manage as software, our platform is redefining how cloud teams govern clouds at scale. The close of this round helps us finally deliver the promise of Infrastructure-as-Code, so that every enterprise in every industry can harness its full potential.”
