From Yahoo Finance: 2025-06-02 06:57:00

CloudZero, a cloud cost efficiency solutions provider, secures $56m in Series C funding, led by BlueCrest Capital Management and Innovius Capital. The company aims to enhance AI-driven R&D, expand go-to-market strategy, and strengthen partner ecosystem to help organisations optimize cloud costs for growth and innovation.

CloudZero’s platform connects engineering decisions to business outcomes, aiding in managing and optimizing cloud and AI infrastructure costs. Trusted by major organizations like Coinbase and Expedia, the company plans to use the funding to improve AI-driven cost analytics, deepen integrations, and expand strategic partnerships and cloud alliances.

In November 2024, CloudZero became the first cloud cost management platform in the MongoDB Partner Ecosystem, with a new integration with MongoDB Atlas for better visualization and understanding of MongoDB expenses. MongoDB Atlas, a multi-cloud developer data platform, serves millions of developers and over 50,000 customers.



Read more at Yahoo Finance: CloudZero raises $56m to enhance cloud cost efficiency solutions