The startup was launched by Yevgeny Pats because he needed a tool to give him visibility into his cloud infrastructure resources, and he couldn't find one on the open market. The tool he built was based on data engineering best practices.
After releasing the open source solution, he realized that there was a problem that larger organizations were facing as well. The product has been used by 20 companies with at least 1000 employees. The investors rewarded the startup with a Series A.
Pats believes that cloud infrastructure is locked in the past from a data point of view and he wanted to push it into the modern age. The cloud infrastructure world is very similar to 2011. Pats told me that we are bringing this to cloud security, compliance and cost tracking, and using all of the data engineering best practices to build on those use cases.
As the product has gained traction, the company has been working hard to give visibility into all of the services from each of the Big Three. He says that the product has around 350 services to tap into, which is hard to do.
Users can set up compliance or security rules based on certain conditions if they take advantage of the data from these tools. He sees customers using the product to figure out things like if they are over provisioned cloud infrastructure resources, to find zombie resources that aren't attached to a project, and to help set up security and compliance rules based on CloudQuery data.
As an open platform, the company or external developers can add new features as they please and make them available to everyone. Pats says that CloudQuery is in a unique position to address visibility because it's an open source product.
Users realize that no vendor can really support all those applications. Some of the data that each vendor needs is missing. The only way to get there is to have an open source way where they can contribute back to the official integrations.
The company has 15 employees with plans to stay lean for at least the next year as they build community around the product. The funding gives Pats at least three years of runway so he can get to revenue.
Tiger Global led the company with participation from other investors. The company has raised a total of $18.6 million since it was founded.
CloudQuery gets $3.5M seed to build open source cloud infrastructure visibility tool
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