BOSTON – July 26, 2016 – CloudHealth Technologies, the leader in Cloud Service Management, continued its rapid expansion in the first half of 2016, with a 240 percent revenue increase over the comparable period in 2015. Fueled by $20 million in Series C funding, the past six months have been marked by customer expansion and hyper company growth, neither of which shows signs of slowing.

“The success of CloudHealth Technologies reflects the real-world challenges businesses face when managing cloud and hybrid cloud environments,” said CEO and co-founder Dan Phillips, “and the increasingly widespread adoption of the CloudHealth platform is testament to our ability to deliver proven value to our customers. These achievements would not be possible without a highly driven, passionate team and a workplace environment in which innovation rises to the top.”

Year-to-date highlights include:

  • Customer Momentum – CloudHealth continues to be a trusted resource for organizations seeking insight across the cloud ecosystem. The company has more than doubled its customer base since the end of 2015, with over 600 customers spanning a variety of vertical industries. New customers included The Economist and G2 Tech Group.
     
  • Product Innovation – Earlier this year, CloudHealth Technologies added new policy and automation capabilities to its award-winning CloudHealth platform. The enhancements enable customers to address complex issues tied to cloud performance, rightsizing and cost.
     
  • Company Growth – The overall size of the CloudHealth Technologies team increased by 209 percent, with 54 new hires made in the first half of the year, including the addition of Larry Begley, Chief Financial Officer. As a result of the growth in its employee base, CloudHealth Technologies underwent a 10,000-foot office expansion at the company’s headquarters in Boston.
     
  • Events and Community Engagement – This year marked the launch of CloudHealth Connect™, a community forum featuring conversations around a variety of topics related to managing cloud environments. Attendees included Pinterest, Jobvite, and Smaato. CloudHealth Technologies also participated in a series of Amazon Web Services (AWS) conferences to discuss governance and cloud optimization, and CTO and Founder Joe Kinsella participated in cloud-focused panel discussions at Interop and the Channel Partners Conference & Expo.
     
  • Industry-Leading Partnerships – CloudHealth Technologies announced an integration with Datadog, the leading monitoring service for dynamic cloud applications. The partnership gives customers end-to-end visibility across every dimension of their cloud environments.
     
  • Awards and Recognition – Recent third-party validation underscores CloudHealth Technologies’ continued commitment to excellence and innovation. Analyst recognition and industry awards include the following: 
     

 

About CloudHealth Technologies

CloudHealth Technologies gives organizations a new, more efficient way to visualize, optimize, and automate their cloud environments. The CloudHealth Cloud Service Management platform integrates with services across the datacenter and cloud, giving enterprises, startups, and service providers access to a centralized hub of robust data analytics. Using a policy-driven approach aligned to business processes, customers leverage CloudHealth to drive cost savings, improve agility, enhance security, and reduce complexity. With CloudHealth, customers are able to innovate faster without sacrificing governance or control.  

The world’s cutting-edge companies rely on CloudHealth to meet their cloud management needs, including Amtrak, Dow Jones, Acquia, and Sumo Logic, among others. Based in Boston, MA, the company is backed by Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures. For more information, visit www.cloudhealthtech.com or follow us on Twitter @cloudhealthtech and LinkedIn.