Ternary

Overview
News
Cloud Optimization Tools?
Product stageSegments
Growth
?
Cost Optimization
?

Ternary is a FinOps platform for managing and optimizing multi-cloud spend geared toward cloud engineers, FinOps, and finance teams.

Ternary provides a single-pane-of-glass view into multi-cloud infrastructure and combines cost data from different service providers to offer a unified view of cloud spend, including usage analysis, budgets, forecasts, and chargebacks. It offers features for enhancing cloud cost efficiency and transparency while allowing managed service providers (MSPs) to streamline customer management and simplify billing processes. Moreover, the platform leverages AI for anomaly detections and provides recommendations and alerts to optimize cloud costs, as well as financial guardrails to ensure adherence to budget limits. 

Ternary also provides insights and recommendations for Kubernetes, databases, compute resources, and storage, as well as multi-cloud vendor cost comparisons to further enable savings.

Ternary operates a fixed-fee annual subscription sales model based on tier of cloud spend.

Key customers and partnerships

As of August 2023, the platform had more than 340 active enterprise customers.

Ternary provides integrations for AWS, Microsoft Azure, and Google Cloud Platform.



HQ location:
San Francisco CA, US San Francisco CA USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 18.7 mn
Last Funding:
USD 12.0 mn (Series A; Oct 2023)
Last valuation:
-
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