"Aaron Klein and I are delighted that we engaged Signal Hill to help us navigate CloudCheckr’s strategic alternatives. We knew we had a great business but with the help of Signal Hill, we were able to achieve an outcome that exceeded our expectations and put CloudCheckr on a path for continued success. Joel Strauch, Matt Fiore, Steve Dana and team truly understood our business and the cloud management and security markets, executed a robust and thorough process and provided valuable advice along the way."
CloudCheckr Has Raised $50 Million Series A From Level Equity
Signal Hill is pleased to announce that its client CloudCheckr, the leading cloud management platform, has secured $50 million in Series A financing from Level Equity, a growth equity firm focused on providing capital to rapidly growing software and internet companies.
The funding round will bolster CloudCheckr's market-leading platform for modern enterprises, government agencies, and managed service providers who demand a comprehensive and scalable multi-cloud management platform that satisfies cost, security, utilization, and compliance concerns.
"Level's investment is validation of the pressing need to get visibility and control of exploding cloud environments and we're excited to keep building, innovating, and giving organizations the tools they need to go fast at scale," said Aaron Newman, CEO and Co-Founder of CloudCheckr.
About Signal Hill
Signal Hill Capital Group LLC, along with its affiliate, Signal Hill LLC (together, "Signal Hill"), is a leading independent advisory boutique serving the M&A and private capital raising needs of growth companies and was named 2016 Boutique Technology Investment Bank of the Year by the Global M&A Network. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes. For more information visit www.signalhill.com.