While we were in a fortunate position as a company, it became clear that we should raise money in order to better support existing and future customers on a quicker timeline. More than 50 engineers on our team are now using Vantage on a regular basis to drive cost accountability throughout the organization.” said Albert Strasheim, CTO at Rippling.Įveryday we have more customers like Albert onboarding on to Vantage. After evaluating numerous other vendors in the market, we chose Vantage as our FinOps platform of choice because of the breadth of providers supported, enterprise-grade reporting & visibility features and their automated savings-as-a-service: Autopilot. Like many other companies, we leverage a suite of different cloud infrastructure providers like AWS, Snowflake and Datadog - each with their own bespoke, complicated pricing. “Cost efficiency is always top of mind for us at Rippling. One of our customers, Albert Strasheim, CTO of Rippling, put it perfectly in his own words here: Forward-thinking organizations are actively sourcing a cloud cost solution and the responsibility they put on Vantage as their preferred vendor is growing significantly. However, in the last six months, we’ve entered the “era of efficiency” where every single organization is focusing on improving the fundamentals of their business by honing in on their bottom lines. One question I always ask is, “if we had significantly more capital, would we change anything we’re doing?” and historically that answer has been no. The entire company works tirelessly every day to earn their trust and we thrive to go above and beyond to deliver exceptional products and services, as they rely on us to achieve financial wellbeing. There are now over 10,000 connected infrastructure accounts to Vantage across all of the providers mentioned above.Īt Vantage, customers are at the heart of everything we do.Vantage has gone from supporting only AWS to 10 natively supported providers: AWS, Azure, Google Cloud, Snowflake, Databricks, Datadog, MongoDB Atlas, New Relic, Fastly and Kubernetes.Over 300 customers trust Vantage as their FinOps platform including organizations like Square, NASA, Buzzfeed, PBS, Panther Labs, Ripple, Compass, Rippling, Joybird, Starburst, PlanetScale and Barstool Sports.Vantage helps customers manage over $1B dollars in annualized cloud costs.Since raising our $4M seed round roughly two years ago, Vantage has experienced rapid growth to help companies manage and optimize their cloud infrastructure spend. Ariel Tseitlin from Scale, formerly Director of Cloud Solutions at Netflix and a former investor in CloudHealth, will be joining the company’s board of directors. Today I’m excited to announce that Vantage has raised a $21M Series A round led by Scale Venture Partners with participation by Andreessen Horowitz, Harpoon Ventures, Matthew Prince (co-founder and CEO of Cloudflare) and Glenn Solomon.
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