MontyCloud Secures Series A Funding And Aims To Double Engineering Team in India
MontyCloud Inc., a leading innovator in AI-powered cloud operations, is thrilled to announce the successful completion of its Series A1 funding round, led by S3 Ventures. This round builds upon the company's initial Series A funding, also led by existing investor Lytical Ventures, with co-investments from Madrona and Raptor Group. The raised capital marks a significant milestone in MontyCloud’s mission to simplify and transform cloud operations for businesses worldwide.
The funds will be strategically deployed to scale operations, accelerate product innovation, and expand MontyCloud’s reach into untapped global markets. As part of this expansion, MontyCloud is also focusing on strengthening its platform with cutting-edge AI-driven automation and insights to deliver even greater value to customers.
At MontyCloud, we’re committed to pushing the boundaries of cloud operations, and this new investment empowers us to accelerate our growth,” said Walter Rogers, CEO of MontyCloud. “We’re excited to partner with investors who share our vision for revolutionizing the cloud industry. This funding will enable us to innovate faster, extend our global footprint, and continue helping businesses transform their cloud operations into a competitive advantage
With this funding, MontyCloud is doubling its engineering and product management team in India, reinforcing the country’s pivotal role in the company’s global strategy. India’s deep technology talent pool will be instrumental in enhancing MontyCloud’s AI-driven cloud automation platform and delivering cutting-edge solutions to customers worldwide.
??“We are redefining cloud operations with AI and we want to invite passionate thinkers, learners, and doers to join us on this exciting journey” said Raj Sivarajan, MontyCloud’s EVP of Operations and Head of India Operations.
MontyCloud has experienced remarkable growth in 2024, with a 7x revenue increase and a 100% expansion in its customer base, reaching nearly 1,000 global enterprises. The company’s Autonomous CloudOps platform is solving critical pain points in cloud management with AI- driven efficiency, scalability, and accuracy.
To support its ambitious growth plans, MontyCloud is actively hiring top-tier talent in India. The company is recruiting engineers and product managers with expertise in cloud-native platforms, AI, and large-scale distributed systems to strengthen its innovation roadmap.
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