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CloudZero Brings In $5 Million

CloudZero Brings In $5 Million

Enterprise IT startup CloudZero announced the close of $5 million in Series A financing led by Matrix Partners and Underscore VC.

CloudZero is a SaaS site reliability management platform provider that enables engineers to make cloud systems more resilient, available, and secure. CloudZero’s SaaS platform continuously models the changing surface of a cloud environment, providing insights to administrators to manage and deliver improved reliability. The CloudZero platform predicts system fragility so that engineers may proactively optimize reliability before trust is compromised.

The company said it will use the funding to open its company headquarters in Boston, grow its enterprise saas platform, and increase investment in its open source community.