ARLINGTON, Va., Feb. 10, 2016 (GLOBE NEWSWIRE) -- DivvyCloud, a developer of innovative technology to automate and manage today’s cloud infrastructure, achieved a breakout year in 2015. Explosive growth in enterprise adoption of public and private cloud technologies is driving requirements for scalable, automated solutions to ensure security, cost and operational compliance across deployments of virtual “cloud” infrastructure. DivvyCloud offers on-premise and hosted versions of its cloud agnostic, extensible platform allowing customers to automate cloud infrastructure and policy enforcement.
New Customers
DivvyCloud’s technology has attracted new customers, large and small, helping accelerate and scale cloud strategies with multi-cloud visibility, lifecycle management, and compliance automation. Customers value DivvyCloud’s pervasive, real-time discovery of cloud resources and the ability to take automated action regardless of how those virtual resources are provisioned. Customer DevOps and Enterprise IT teams have complete flexibility to create their own custom automation to monitor and self-heal cloud deployments, or leverage DivvyCloud’s growing repository of pre-built “Automation Bots.”
Business Growth
DivvyCloud raised a $1M second seed round from its existing investors in March to bring total invested capital to approximately $1.9M. With the commitment of new customers, DivvyCloud exceeded its financial goals in 2015 achieving 7x growth in monthly recurring revenue in its first full year of commercial operation. The company doubled its staff in 2015 and plans additional hiring to scale the business in 2016. To accommodate rapid growth, DivvyCloud moved into new offices in Rosslyn, VA with easy access to Washington DC’s pool of technical and start-up business talent.
Recognition
DivvyCloud was named a Gartner 2015 “Cool Vendor” in Cloud Management. The innovative start-up also enjoyed coverage from other leading analyst firms including 451 Research and Forrester Research.
Follow DivvyCloud on Twitter (@DivvyCloud), the blog www.cloudsprawl.net, or visit the website at www.divvycloud.com
About DivvyCloud
DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating the lifecycle management of IT resources across leading public/private cloud technologies. DivvyCloud was founded by seasoned technologists who understand first hand what is necessary to succeed in today’s dynamic, multi-cloud world. DivvyCloud delivers multi-cloud resource visibility, provisioning, automation, monitoring and migration capabilities to improve security, reduce costs, and maintain operational agility.