CloudCheckr closes $15m deal to drive innovation

The cloud management company CloudCheckr that enables customers to ensure their infrastructure is compliant with regulations have raised $15m.

The round was led by Level Equity, the growth equity investor, and brings the total investment raised by CloudCheckr to $65m.

The money will be used to fuel the company’s continuous growth and to innovate more. “This investment will allow us to rapidly accelerate innovation by tripling our product development and engineering headcount,” said Tim McKinnon, CEO at CloudCheckr. “With our already unrivaled security and compliance monitoring offerings, CloudCheckr will enter 2020 with the broadest and deepest cloud management feature set for the enterprise, federal, and MSP markets.”

CloudCheckr’s solutions empower businesses to be compliant with 35 distinct regulations, including those some of the Australian Signals Directorate, the IRS and Saudi AMA.

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