HPA operates in the financial services sector, focusing on early-stage investments. The company's People First model combines venture capital, a robust business network, and top-tier operating expertise to support the growth of its portfolio companies. HPA's services extend to all stages of a company's lifecycle, from seed to growth stages, providing financial and strategic support to help businesses thrive. It was founded in 2007 and headquartered in Chicago, Illinois.

HPA (Hyde Park Angels)

Sandalphon Capital is a micro venture capital firm focused on early stage (Seed and Series A) investments.  Industry focus: B2B SaaS, FinTech, Real Estate Tech / PropTech, Tech-Enabled Healthcare Services / Healthcare IT, IoT / Hardware with Recurring Revenue  Geographic focus: Chicago, the Midwest, and other relatively underserved markets, NY (primarily for FinTech and Real Estate Tech), others opportunistically.  We are focused on finding strong management teams and problem-solving, tech-enabled business models that will scale into high margin, recurring revenue businesses.

Sandalphon Capital

Base Investments operates as an investment firm.

Base Investments

Tenacity

Tenacity is a SaaS platform empowers businesses to thrive in a secure public cloud.

<div>Tenacity is an AI-powered cloud compliance platform that provides continuous monitoring, automated remediation, and governance of public cloud infrastructure in real time. The platform also provides detailed spending insights and strategies for cost savings to optimize business budgets and supports cloud infrastructure, such as Microsoft Azure and AWS. Tenacity has a certified team of professionals to help mid-market companies manage their public cloud via full compliance checks and auditor-ready reporting.</div>

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

<div>Tenacity is a cloud cost optimization and management platform targeted toward public cloud users.&nbsp;</div>

Platforms to make the most of cloud infrastructure

Cloud Optimization Tools

<div>
 
 Tenacity is an AI-powered cloud compliance platform that provides continuous monitoring, automated remediation, and governance of public cloud infrastructure in real time. The platform also provides detailed spending insights and strategies for cost savings to optimize business budgets and supports cloud infrastructure, such as Microsoft Azure and AWS. Tenacity has a certified team of professionals to help mid-market companies manage their public cloud via full compliance checks and auditor-ready reporting.
 
 
 The company offers its platform under a software-as-a-service (SaaS) subscription model for up to USD 3,000 per month. It also includes a free basic plan with limited features.
 
 
 By October 2021, the company reported a month-over-month (MoM) growth of 30% since January 2021. In October 2021, the company raised USD 3 million in a seed round led by Hyde Park Angels. The company expected to use the funds to accelerate its go-to-market strategies and enhance its product roadmap development.
 
</div>

Cato Networks provides cloud security solutions to enterprises through its SASE (Secure Access Service Edge) platform, which it claims to be first in the world to offer SASE. Cato Network’s SASE offering is offered through a networked distributed across 60 locations globally. Cato Networks was founded by Shlomo Kramer, who also co-founded incumbent cybersecurity company Check Point Software.&nbsp;Key customers and partnershipsDuring the year 2020 the company signed multiple Fortune 500 companies and as of February 2021, it served 800 enterprises across 9,000 locations, translating to 200,000 remote workers who utilize Cato’s SASE offering daily. As of November 2020, the company employed 270 staff with plans to reach 400 by the end of 2021.&nbsp;Funding and financialsCato Network’s <a href="https://sp-edge.com/updates/22015">last funding round</a> was in September 2023, where it raised USD 238 million in funding in a round led by LightSpeed Venture Partners, at a valuation exceeding USD 3 billion. The company expected to use the funding to grow its partner ecosystem, expand its customer base, and increase headcount, specifically in its product and engineering divisions. Cato Networks reportedly plans to go public by 2024.During 2022, Cato reported an ARR of over USD 100 million, with YoY revenue growth of 60%, and a gross retention rate of over 95%.

Cato Networks

Netskope provides cloud security solutions for enterprises that include cloud-delivered secure web gateways (SWGs), cloud access security brokers (CASB), and other solutions to manage access to cloud workloads. These solutions help companies monitor the use of cloud applications and identify suspicious behavior. Netskope’s tools attempt to replace legacy solutions such as VPNs. The company introduced a unified solution in 2019 called “NewEdge,” combining its security technology offerings and providing them under secure access service edge (SASE) architecture. The rollout followed the acquisition of New Edge Labs in 2019 for an undisclosed amount, in line with its strategy of acquiring smaller startups to fuel expansion. Netskope also acquired Sift Security in 2018, which provides a machine learning-based tool to detect and respond to threats to cloud Infrastructure-as-a-Service (IaaS) applications such as Amazon Web Services (AWS) and Microsoft Azure. Netskope joined the cohort of Solista’s Zero Trust Alliance in July 2021, to assist Australian organizations in developing a toolset and framework in assessing their zero trust readiness while detecting and remediating internal and external threats.NewEdge is delivered using data centers in 40 regions worldwide including North America, Europe, Latin America, Middle East, and Asia Pacific, enabling a low-latency cloud security offering. As of March 2021, the company had invested in excess of USD 100 million to build the NewEdge infrastructure. The company claimed that its tools protected more than 10% of Microsoft Office 365’s commercial users as of the same date.Netskope’s product offerings were backed by more than 100 global patents as of January 2023, and the company served more than 2,400 customers globally including more than 25 of the Fortune 100 companies. Furthermore the company has a total employee headcount of more than 2,500 in more than 40 countries.&nbsp;In April 2023 Netskope announced <a href="https://sp-edge.com/updates/17658">the addition of a new software-defined wide area network</a> (SD-WAN) service to its platform, designed to provide enterprises with the ability to ensure secure access to their infrastructure from endpoint devices in any location. Netskope planned to offer the new SD-WAN alongside its existing SSE product to provide a unified SASE client, which it claimed was an industry first.In June 2023, <a href="https://sp-edge.com/updates/19604">Netskope updated its secure service edge (SSE) platform</a> to help address data leakage risks of generative AI applications like ChatGPT. The updated platform allowed organizations to track usage of generative AI applications, manage access controls, and automatically prevented upload of sensitive information.Netskope <a href="https://sp-edge.com/updates/10845">acquired the IoT security startup,</a> WootCloud in June 2022 integrating WootCloud’s HyperContext Security platform with its Intelligent Security Service Edge (SSE) platform to expand its SSE and Zero Trust capabilities. This was followed by the <a href="https://sp-edge.com/updates/12036">acquisition of cloud networking vendor</a>, Infiot in August 2022 to deliver an integrated single-vendor SASE platform to its customers by leveraging Infiot’s technologies to offer a uniform security and quality of experience (QoE) policies to the Netskope Borderless WAN.Key customers and partnerships&nbsp;Netskope <a href="https://sp-edge.com/updates/15413">partnered </a>with Stellar Cyber, a open extended detection and response (Open XDR) startup in December 2022, to provide a joint solution that incorporates rich user-centric data to improve control and visibility of risks and threats across incident investigations conducted by Security Operation Center (SOC) analysts.In July 2021, Netskope partnered with cybersecurity company, Chillisoft, to accelerate sales for cloud-based SASE protection to 1,250 resellers and integrators, including more than 100 managed service providers (MSPs) across New Zealand and the Pacific Islands. The company also <a href="https://sp-edge.com/updates/24249">announced</a> a partnership with telecommunications company Telstra in November 2023 under which Telstra would distribute Netskope’s SASE and ZTNA solutions globally.Funding and financials&nbsp;In January 2023, the company <a href="https://sp-edge.com/updates/15521">raised USD 401 million in convertible notes</a> led by Morgan Stanley Tactical Value. The funds were utilized to accelerate platform development and expand its go-to-market strategy.

Netskope

<div>
 
 SentinelOne offers a range of endpoint protection solutions for enterprises. The company provides the artificial intelligence (AI)-based platform &ldquo;Singularity,&rdquo; which is a unified offering for endpoint security, including a next-generation antivirus (NGAV), endpoint detection and response tools (EDR), extended detection and response (XDR), and other tools to monitor endpoint behavior from laptops, phones, and internet-of-things (IoT) devices to identify threats. Singularity ActiveEDR incorporates Storyline Active Response (STAR) to provide automated threat detection and response and also enables end-users to write custom MITRE-compatible detection rules. SentinelOne&rsquo;s endpoint protection offering also extends to cloud endpoints and workloads, offering AI and behavior-based protection for virtual machines (VMs) and containers in the cloud. Singularity also provides features to centrally control cybersecurity policies and automate tasks for response and remediation. In addition to endpoint security, SentinelOne offers managed detection and response services, which support organizations with technology and human resources for threat hunting, response, and incident investigation.
 
 
 In April 2023, 
 <a href="https://sp-edge.com/updates/17965">
 SentinelOne launched a generative AI platform
 </a>
 for threat detection, allowing security teams to run threat detection and automated remediation operations using natural language instead of code based commands.
 
 
 In November 2023 the company 
 <a href="https://sp-edge.com/updates/23867">
 launched
 </a>
 a new, unified version of its Singularity platform, Singularity Unity, with upgraded cloud and endpoint security and data lake capabilities, as well as a GenAI cybersecurity assistant. Unity incorporated SentinelOne&rsquo;s &ldquo;PurpleAI&rdquo; models to simplify investigations, governance, and compliance and improving metrics such as mean time to detect/resolve (MTTD/MTTR).
 
 
 SentinelOne acquired cloud data-logging startup Scalyr in February 2021 for USD 155 million to bolster its own XDR capabilities. SentinelOne also entered into an agreement to acquire the identity threat detection and response (ITDR) startup 
 <a href="https://sp-edge.com/updates/9176">
 Attivo Networks 
 </a>
 for USD 616.5 million in March 2022, and expects to integrate Attivo Networks&rsquo; capabilities into its Singularity XDR solution to provide autonomous protection. This includes ITDR, identity infrastructure assessment, and identity cyber deception capabilities to protect endpoint, cloud workloads, IoT devices, mobile, and data against identity compromise, lateral movement attacks, credential theft, data cloaking, and more. This acquisition will also add to SentinelOne&rsquo;s gross margin and expand its total addressable market (TAM) by USD 4 billion in the critical identity security category.
 
 
 Key customers and partnerships
 
 
 SentinelOne partnered with cloud services and cybersecurity distributor Exclusive Networks in July 2021 to launch its platform for Australian and New Zealand MSP and MSSPs. During the same period, the company inked a partnership with ConnectWise to offer its standalone endpoint detection and response (EDR) solutions to its global partner base of technology solution providers (TSPs).
 
 
 SentinelOne has partnered with managed detection and response (MDR) 
 <a href="https://sp-edge.com/updates/4878">
 providers 
 </a>
 such as 
 <a href="https://sp-edge.com/companies/228245">
 Red Canary 
 </a>
 , deepwatch, and 
 <a href="https://sp-edge.com/companies/505475">
 BlueVoyant 
 </a>
 to 
 <a href="https://sp-edge.com/sectors/work/updates/6173">
 integrate 
 </a>
 its solution with the latter&rsquo;s MDR offerings. In addition, SentinelOne has also partnered with 
 <a href="https://sp-edge.com/companies/75116">
 Zscaler 
 </a>
 , a cloud network security 
 <a href="https://sp-edge.com/sectors/work/updates/5182">
 company 
 </a>
 , and Cloudflare, a web infrastructure and website security 
 <a href="https://sp-edge.com/updates/5182">
 company 
 </a>
 , to push its own offerings through Zscaler and SentinelOne&rsquo;s services. It also 
 <a href="https://sp-edge.com/updates/12082">
 partnered
 </a>
 with the observable data management company, Cribl in August 2022 to leverage the latter&rsquo;s observability product suite to streamline cybersecurity triage, optimize data collection, and provide security teams control of their data. During the same month, the company 
 <a href="https://sp-edge.com/updates/12235">
 partnered
 </a>
 with the IoT security startup, Armis to jointly provide three unified solutions that protect organizations across endpoints, cloud, mobile, IoT, OT devices, and more. In December 2021, Sentinel 
 <a href="https://sp-edge.com/updates/7149">
 partnered 
 </a>
 with Attivo Networks, to integrate its Singularity XDR with Attivo Networks&rsquo; Endpoint Detection Net (EDN) suite for a combined solution that prevents attackers from compromising endpoints, and to detect lateral movements to provide Active Directory protection, credential theft detection, and removal of exposed credentials. The company 
 <a href="https://sp-edge.com/updates/12331">
 partnered
 </a>
 with the cybersecurity and compliance company, Proofpoint to integrate SentinelOne Singularity XDR and Proofpoint Targeted Attack Protection (TAP) solutions and provide organizations with threat intelligence, detection, and response across emails, endpoints, cloud, and identity management. In 
 <a href="https://sp-edge.com/updates/16912">
 March 2023
 </a>
 , SentinelOne partnered with cloud network security provider Wiz to provide end-to-end cloud security solutions by leveraging each company&rsquo;s platform. With their combined capabilities, the joint solution was claimed to detect and remediate cybersecurity threats faster than stand-alone platforms.
 
 
 Funding and financials
 
 
 The company&rsquo;s last private funding round was in November 2020, where it raised USD 267 million in a Series F funding round led by Tiger Global Management, and the company expects to use the funding to support the growth of its Singularity platform.
 
 
 In June 2021, SentinelOne 
 <a href="https://sp-edge.com/updates/3850">
 commenced 
 </a>
 trading in New York Stock Exchange (NYSE) under the ticker &ldquo;S,&rdquo; raising USD 1.2 billion in its initial public offering (IPO) at an implied valuation of USD 8.9 billion. The company expected to use the proceeds for working capital, product development, capital expenditure, and administrative matters. The company also aimed to use part of the funds to acquire and invest in complementary businesses and technologies.
 
 
 SentinelOne 
 <a href="https://sp-edge.com/updates/13278">
 launched 
 </a>
 &ldquo;S Ventures&rdquo;, a USD 100 million venture fund, to invest in enterprise cybersecurity startups, in September 2022. S Ventures invested in Armorblox, an API email security platform, and Noetic Cyber, a continuous cyber asset management and controls platform. These companies joined its portfolio companies which include Torq, a no-code security automation platform, and 
 <a href="https://sp-edge.com/companies/1695999">
 Laminar 
 </a>
 , a cloud-native data security startup.
 
 
 In 
 <a href="https://sp-edge.com/updates/17067">
 FY2023
 </a>
 , the company reported a revenue of USD 422.2 million, representing a YoY growth of 106% and an adjusted gross margin of 72%. The company saw its annual recurring revenue (ARR) growing at 88% to close at USD 548.7 million and the number of customers grew around 50% YoY to exceed 10,000 in Q4 FY2023. Management guidance for revenue for FY2024 stands in the range of USD 631 million and USD 640 million.
 
</div>

SentinelOne

Lacework is a cloud security company offering solutions for enterprises to protect their cloud and container workloads at scale. These include tools that employ automation and machine learning in order to enable developers to build cloud applications securely, along with tools to monitor multi-cloud environments, detect misconfigurations and threats, and identify behavioral anomalies during runtime.&nbsp;Additionally, in November 2023, the company <a href="https://sp-edge.com/updates/24135">announced</a> a unified application security platform, adding software composition analysis (SCA) and static application security testing (SAST) to its existing capabilities, aiming to tackle security issues prior to application deployment.Key customers and partnershipsLacework counts companies such as VMWare, Snowflake, Nerdwallet and AdRoll among its clients.&nbsp;Lacework partnered with Amazon Web Services (AWS) in June 2023 to incorporate its composite alerts into Amazon’s GuardDuty threat detection service, providing AWS users with enhanced threat alerts and context for investigation.Funding and financialsIn January 2021, the company raised USD 525 million in Series D funding, at a valuation in excess of USD 1 billion. The round was led by Sutter Hill and Altimeter Capital, along with participation from customer, Snowflake. The company expects to use the funding for product development and international expansion with a focus on expanding into Europe.During 2020, the company experienced its second consecutive year with revenue exceeding 300% year-over-year. Lacework closed 2020 with more than 200 staff, and expected to double that by the end of 2021.

Lacework

<div>
 
 CrowdStrike offers a collection of next-generation cybersecurity products for endpoint security, cloud security, managed services, and threat analysis and response, along with professional services and consulting.
 
 
 CrowdStrike&rsquo;s endpoint security solutions include a cloud-delivered, next-generation antivirus (NGAV) that uses machine learning, artificial intelligence, and behavioral analytics to detect threats in company endpoints, replacing traditional signature-based solutions. In addition, CrowdStrike&rsquo;s endpoint offering also includes endpoint detection and response (EDR) for comprehensive monitoring, along with features to centrally control external device use. CrowdStrike&rsquo;s protection is delivered to the endpoint through a lightweight agent, which the company claims to be easily deployable and takes up only a minor share of the endpoint&rsquo;s processing power. The agent has the ability to identify malicious behavior even when the endpoint is offline. The company&rsquo;s cloud security offering includes tools for enterprises to detect threats and identify vulnerabilities during development and runtime of cloud-native applications. In addition, CrowdStrike also offers managed services, including technologies and human resources for companies to detect threats and respond to security incidents.
 
 
 In April 2023, 
 <a href="https://sp-edge.com/updates/17659">
 the company announced &ldquo;Falcon Insight for IoT&rdquo;
 </a>
 , an EDR and extended detection response (XDR) solution for extended internet of things (XIoT) assets, expanding the protection capabilities of Crowdstrike Falcon to operational technology.&nbsp;
 
 
 CrowdStrike launched a 
 <a href="https://sp-edge.com/updates/18980">
 generative AI assistant, &ldquo;Charlotte AI&rdquo;
 </a>
 , for its Falcon platform in late May 2023. The AI allows security teams to ask natural language questions on cybersecurity status, threats, and vulnerabilities, and surfaces actionable insights from Crowdstrike Falcon.
 
 
 CrowdStrike has undertaken various acquisitions to strengthen its product offerings. The company acquired the cloud data logging company Humio for USD 400 million in February 2021 to bring in the capabilities required to offer an extended detection and response (XDR) platform. The company acquired the data security startup 
 <a href="https://sp-edge.com/updates/6341">
 SecureCircle
 </a>
 in November 2021 to extend zero trust security to data on endpoints by integrating SecureCircle&rsquo;s technology into its Core Falcon platform. This will provide users with data usage policy enforcement and data access management based on their zero trust score and ensure that clients can detect and respond to threats at the device, user identity, and data layer. CrowdStrike acquired the Israel-based external attack surface management (EASM) startup 
 <a href="https://sp-edge.com/updates/13200">
 Reposify
 </a>
 in September 2022. Reposify scans the internet infrastructure of an organization to detect and eliminate any risks arising from exposed assets that are centralized or remote across on-premise, cloud, etc. Reposify leverages its proprietary algorithm and a large database of internet-facing assets to provide organizations with a comprehensive view of their external attack surface with a click of a button. Other acquisitions include the identity protection company Preempt Security for USD 96 million in September 2020, and malware analysis company Payload Security for an undisclosed amount in 2017.
 
 
 Key customers and partnerships
 
 
 CrowdStrike expanded its footprint in Australia in July 2021 by partnering with local cybersecurity company Solista to assist Australian organizations in developing a toolset and framework in assessing their zero trust readiness, while detecting and remediating internal and external threats. 
 
 
 CrowdStrike 
 <a href="https://sp-edge.com/updates/9177">
 partnered
 </a>
 with the cloud network security platform, 
 <a href="https://sp-edge.com/companies/1102212">
 Adaptive Shield
 </a>
 in March 2022, to launch the latter&rsquo;s zero-trust SaaS security posture management solution in CrowdStrike Store and enable security teams to identify and remediate risks stemming from misconfigurations and misappropriated privileges through device posture visibility and continuous risk assessment across the SaaS stack. 
 
 
 In April 2022, CrowdStrike 
 <a href="https://sp-edge.com/updates/9660">
 partnered
 </a>
 with Mandiant to help joint customers with breach investigation and response and defense. As part of the partnership, CrowdStrike's cloud-based Falcon threat intelligence platform was integrated with Mandiant&rsquo;s incident response (IR) and proactive cybersecurity consulting services. 
 
 
 In September 2022, CrowdStrike 
 <a href="https://sp-edge.com/updates/13203">
 partnered
 </a>
 with the pure-play cyber insurance startup 
 <a href="https://sp-edge.com/companies/604136">
 Coalition
 </a>
 , to protect 160,000 cyber insurance policyholders of Coalition against cyber attacks and help them comply with key contingencies required for a cyber insurance policy. CrowdStrike provided the policyholders with a 15-day free trial to its CrowdStrike Falcon platform alongside the option to purchase a discounted Falcon bundle. During the same period, CrowdStrike 
 <a href="https://sp-edge.com/updates/13160">
 partnered
 </a>
 with the API security startup, 
 <a href="https://sp-edge.com/companies/376753">
 Salt Security
 </a>
 , to integrate the latter&rsquo;s API discovery with its Falcon runtime protection on applications to provide a comprehensive view of an organization&rsquo;s attack surface and accelerate threat detection and response. The company also invested an undisclosed amount in Salt Security&rsquo;s Series D funding round. 
 
 
 In March 2023, CrowdStrike 
 <a href="https://sp-edge.com/updates/16868">
 formed a strategic alliance
 </a>
 with technology infrastructure and services provider Dell Technologies. Through the alliance, the companies planned on providing combined cyber defense solutions for organizations of all sizes to protect endpoints, cloud workloads, identity, and data. 
 
 
 Crowdstrike partnered with Google in April 2023 
 <a href="https://sp-edge.com/updates/17705">
 to combat phishing campaigns
 </a>
 , leveraging its AI analytics to detect malicious links and submit them to Google&rsquo;s Risk API, allowing the firm to display browser warnings.&nbsp;
 
 
 As of October 2021, CrowdStrike had 14,687 subscribers, comprising both public and private sector organizations. Key clients include companies such as Sony, Telstra, Rackspace, Sega, and ADP.
 
 
 Funding and financials
 
 
 The company went public through an initial public offering in June 2019, raising USD 610 million at a valuation of USD 6.7 billion. In a subsequent fundraise in January 2021, the company raised USD 750 million through eight-year unsecured notes. CrowdStrike also launched a USD 100 million investment vehicle&mdash;Falcon Fund II in partnership with the venture capital firm Accel in January 2022, which is 5x larger than its initial investment fund Falcon Fund, and serves as a catalyst to expand CrowdStrike&rsquo;s technology partnerships with companies that will gain access to CrowdStrike Store and can benefit from CrowdStrike&rsquo;s expertise and knowledge base.
 
 
 CrowdStrike&rsquo;s total revenue for FY2023 amounted to USD 2.24 billion and adjusted operating profit was USD 355.6 million, both up 54% and 81.2% YoY, respectively. Management guidance for revenue for FY2024 stands in the range of USD 2,955.1 million and USD 3,014.8 million, which implies an YoY growth of 31.9% to 34.6%, respectively.
 
</div>

CrowdStrike

Solutions in this industry hub are offered under a B2B SaaS model

Uses AI/ML and behavioral analysis to proactively detect threats and/or automate response

Protects IoT and connected devices from cyberattacks

Blockchain used to deploy platforms and store and verify data for tamper-proof security

Uses generative AI that allow automated cybersecurity workflows and manages security operations using natural language

Companies that provide platforms and technologies to protect enterprise data and infrastructure in the cloud from internal and external threats.

Companies that provide AI-based tools to monitor an organization’s entire infrastructure to identify threats, provide tools for incident investigations, and help automate remediation tasks.

<div>
 
 Tenacity is a cloud cost optimization and management platform targeted toward public cloud users.&nbsp;
 
 
 
 
 Tenacity's solution offers visibility into cloud spending patterns, identifies underutilized resources, and optimizes cloud infrastructure based on real-time data. The platform features include cost analytics, resource optimization recommendations, and budget tracking to help organizations make informed decisions about their cloud investments. Tenacity is agentless and claims to deploy in minutes.&nbsp;
 
 
 
 
 Tenacity employs a subscription-based pricing model.
 
 
 
 
 Funding and financials
 
 
 
 
 As of September 2023, Tenacity&rsquo;s most recent funding round was in October 2021, when it raised USD 3 million in a seed round led by Hyde Park Angels.
 
 
 
</div>

<div>
 
 Harness is a cloud-based end-to-end software delivery platform that provides cloud cost management (CCM), among other modules.
 
 
 
 
 Harness CCM offers a holistic set of features to facilitate cost optimization of the development pipeline. It provides a single customizable dashboard to unify data and insights across multiple departments and cloud vendors. Further, it delivers automated anomaly detection and resource allocation to optimize continuous delivery (CD) workflows and allows for seamless integration with existing monitoring tools for an overview of cloud spend.
 
 
 
 
 Harness operates a consumption-based sales model with pricing based on the annual cloud spend.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Harness CCM&rsquo;s clientele ranges from individuals to large-scale enterprises across various industries, including healthcare, IT, finance, service, and SaaS. Notable customers include Synopsys, Relativity, Discover Dollar, and Carvana.
 
 
 
 
 Harness collaborates with many industry leaders to ensure wide service provision and integrations with various tools and platforms. Some of its key technology partners are HashiCorp, Benchmark, and Insight.
 
 
 
 
 Funding and financials
 
 
 
 
 In its latest funding round in April 2022, the company raised USD 230 million in a mixed funding round with USD 175 million in Series D and USD 55 million in debt financing at a valuation of USD 3.7 billion. The round was led by Norwest Venture Partners with participation from JP Morgan, Capital One Ventures, Gainangels, and others. The funding was earmarked for the expansion of the team and its software platform.
 
 
 
</div>

Harness

<div>
 
 Cloudchipr is a company specializing in cloud cost optimization and automation solutions.&nbsp;
 
 
 
 
 Cloudchipr automates cloud operations for engineering and finance teams, optimizing resources. Cloudchipr provides tools to prevent resources, including scheduled workflows for removal and notifications, policy-based actions, automatic on/off during nights and weekends, real-time cloud cost anomaly detection, actions based on resource tags, various notification integrations, and more.
 
 
 
 
 Cloudchipr adopts a subscription-based approach.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Cloudchipr&rsquo;s customer base includes DISQO, Flux, ServiceTitan, activeloop, AimHub, and HackerRank.
 
 
 
 
 Cloudchipr Cloud provides native integrations with AWS, Azure, and Google Cloud.
 
 
 
 
 Funding and financials
 
 
 
 
 As of September 2023, Cloudchipr&rsquo;s most recent funding round was in April 2023, when it raised USD 500,000 in a pre-seed round backed by Y Combinator.
 
 
 
</div>

Cloudchipr

<div>
 
 
 
 Vega Cloud is a technology company offering a cloud cost optimization and management platform.
 
 
 
 
 The Vega Cloud Platform provides visibility and organization of cloud infrastructure with a unified view across major cloud providers. Vega Cloud platform provides near real-time data to influence spending and make intelligent trade-off decisions between cost, quality, and speed. The platform's proprietary unit economics and outcomes-oriented approach to cloud infrastructure optimization uses data context and automation to help businesses make decisions efficiently.
 
 
 
 
 Vega Cloud employs a subscription-based pricing model.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Vega Cloud provides native integrations with AWS, Azure, and Google Cloud.
 
 
 
 
 Funding and financials
 
 
 
 
 As of September 2023, Vega Cloud&rsquo;s most recent funding round was in September 2022, when it raised USD 9 million in a venture and debt round led by Album VC and Sun Mountain Capital. The financing was earmarked to scale up its product development and rapidly meet the increasing market demand in the FinOps category to support its growth.
 
 
 
</div>

Vega Cloud

<div>
 
 StackZone offers a suite of technology solutions for optimizing and enhancing various aspects of AWS cloud operations.
 
 
 
 
 StackZone offers a range of products and features encompassing AWS management tools, infrastructure optimization solutions, security services, application performance management, cost optimization solutions, analytics and reporting, automation, and support/consulting services. These offerings cater to various IT aspects, including resource management, performance enhancement, cost reduction, security, and operational efficiency.&nbsp;
 
 
 
 
 StackZone employs a direct sales model.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 StackZone&rsquo;s customer base includes enterprises in various industries. Among its customers are The Weir Group, Sigma M&oacute;vil, Vitaccess, Triario, and Keroppa.
 
 
 
 
 Funding and financials
 
 
 
 
 As of September 2023, StackZone&rsquo;s most recent funding round was in May 2022, when it raised GBP 1.5 million (~USD 1.9 million) in a seed round.
 
 
 
</div>

StackZone

<div>
 
 mist.io provides an open-source multi-cloud management platform aimed at optimizing costs and streamlining operations.
 
 
 
 
 mist.io&rsquo;s unified dashboard and APIs provide real-time visibility into hybrid cloud environments to track, understand, and govern cloud spend and resource utilization. The platform also provides orchestration automations for repeatable deployments and the ability to create custom policies to control infrastructure access. Moreover, the platform eliminates the need for migration by allowing users to control legacy bare-metal servers from the same interface used for cloud infrastructure.
 
 
 
 
 The platform operates a pay-as-you-go and a subscription-based sales model.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 mist.io is utilized globally in several industries. Some notable customers are SevOne, the European Parliament, the National Bank of Greece, the University of Colorado Boulder, and Windstream Enterprise.
 
 
 
 
 mist.io offers integrations with over 15 service providers and technologies. Some key technology integrators are AWS, Microsoft Azure, Google Cloud Platform, IBM Cloud, Alibaba Cloud, and VMware.
 
 
 
 
 Funding and financials
 
 
 
 
 As of September 2023, mist.io&rsquo;s most recent funding round was in August 2019, when it raised EUR 480,000 (~USD 527,000) in a seed funding round led by Metvallon VC.
 
 
 
</div>

Mist.io

All companies in this hub provide optimization services for cloud-based platforms

Provides support for governance & regulatory compliance and transparency & insights regarding cloud spend

A few companies use AI/ML algorithms for workload optimization and deployment automation

Tools that improve performance per spend by offering visibility and insights as well as leveraging pricing models such as reserved and spot instances. These also provide financial guardrails to enforce budgetary limits and other cost-saving opportunity recommendations

Tools that provide comprehensive features and functionalities to safeguard cloud resources and maintain adherence to industry-specific regulations for data protection and overall security

Tenacity

Next-gen Cybersecurity

Key stats

Recent Updates

Tenacity raises USD 3 million in seed funding

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