Stacklet Raises $18m for Its Cloud Governance Platform
1/13/21 2:43 PM | Liz Acosta
It was only in August 2020 we emerged from stealth to seed. Today we are excited to announce we've closed our Series A funding with $18m.
The significance of that kind of endorsement is not lost on us.
In this TechCrunch article from Frederic Lardinois, Foundation Capital’s Sid Trivedi says, “In just 8 months, Travis and Kapil have gone from an idea to a functioning team with 15 employees, signed early Fortune 2000 design partners and are well on their way to building the Stacklet commercial platform."
He adds, “They’ve done all this while sheltered in place at home during a once-in-a-lifetime global pandemic. This is the type of velocity that investors look for from an early-stage company.”
Now it's time to roll up our sleeves and get to work!