Vantage, a startup that helps businesses better understand their cloud infrastructure spend (and automate their savings), today announced that it has raised a $21 million Series A funding round led by Scale Venture Partners, with participation from by Andreessen Horowitz, which led its seed round, as well as Harpoon Ventures, CloudFlare CEO and co-founder Matthew Prince and Glenn Solomon (who is a managing partner at GGV but who is investing personally here). The company previously raised a $4 million seed round in 2021.
As Vantage co-founder and CEO (and former TechCrunch web developer) Ben Schaechter told me, the company now helps its more than 300 customers manage more than $1 billion in annual cloud costs. These customers now include the likes of Square, NASA, BuzzFeed, PBS, Ripple, PlanetScale and Barstool Sports and they connect a total of over 10,000 infrastructure accounts to Vantage at this point.
