Cloud cost management platform Finout raises $18.5M

Finout, a cost monitoring app for cloud software and platforms, today emerged from stealth with $18.5 million — a combination of a $14 million Series A funding round led by Team8 Capital and a $4.5 million seed round led by Pitango First. Co-founder and CEO Roi Ravhon said that the capital will be put toward adding support for new cloud providers, infrastructure, and middleware and expanding Finout’s team to 40 employees by the end of the year.

Link: Cloud cost management platform Finout raises $18.5M
via techcrunch.com

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