Stacklet

Stacklet

Stacklet - Streamlined Cloud Governance. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€82m (Public information from Jun 2024)
Arlington West Virginia (HQ)
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DateInvestorsAmountRound

$4.0m

Seed

$18.0m

Series A
*

$14.5m

Valuation: $90.0m

Series B
Total Funding€33.2m

Recent News about Stacklet

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Stacklet is a startup that addresses the challenges organizations face as they adopt cloud technology. As companies move more of their operations to the cloud, they need to enforce governance policies to control usage, avoid security breaches, and comply with regulations—all while maintaining productivity. Stacklet offers a solution by implementing "governance as code," a method that allows governance policies to be managed in the same way as infrastructure code.

The company primarily serves FinOps (financial operations), cloud, and security engineering teams. These teams often work in large-scale, dynamic cloud environments where traditional governance tools fall short. Stacklet's platform is built on the open-source project Cloud Custodian, which is already trusted by many well-known global brands.

Stacklet operates in the cloud governance market, providing a platform that enables organizations to enforce governance policies in real-time. This helps companies detect and address non-compliant and risky resources immediately. The platform's ease of use and real-time remediation capabilities set it apart from other tools, which are often difficult to use and lack immediate action features.

The business model is based on a subscription service, where clients pay for access to the Stacklet platform. The company makes money by offering a solution that not only improves governance but also delivers significant cost savings and operational efficiencies. For instance, clients have reported a return on investment (ROI) exceeding 500% within the first few months of using Stacklet.

In summary, Stacklet provides a cloud governance platform that helps organizations manage their cloud environments more effectively and securely. It serves FinOps, cloud, and security engineering teams, operates in the cloud governance market, and makes money through a subscription-based model.

Keywords: cloud governance, FinOps, security engineering, real-time remediation, Cloud Custodian, open-source, compliance, cost savings, operational efficiency, subscription model.

Tech stack

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