Cloudyn Raises $4M In Series A Funding Round

September 18, 2014 | The Israeli cloud monitoring and optimization startup Cloudyn announced that it raised $4 million in a Series A funding round. The funding round was led by Titanium Investments, together with existing investor RDSeed, bringing Cloudyn’s total investment to date to $5.5 million. Cloudyn will use the funds to support more cloud computing infrastructure platforms and to enhance its flagship offering to companies. In addition, Cloudyn announced that Titanium Investments Managing Partner Alexander Aivazov has joined the board of directors. Cloudyn’s platform delivers analytics that allows customers to identify factors like unnecessary spending, unused resources and over-provisioned services on public, private and hybrid clouds. In the past year, the company has expanded its ability to support more cloud computing platforms like Amazon AWS, Google GCE, and OpenStack.