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Data Center News > Blog > Investments > Archera Raises $17M in Series B Funding
Investments

Archera Raises $17M in Series B Funding

Last updated: July 28, 2024 12:51 pm
Published July 28, 2024
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Archera, a Seattle, WA-based supplier of cloud buying and administration options, raised $17M in Collection B funding.

The spherical was led by HighSage Ventures with participation from Ridge Ventures, Amplify Companions, and PSL Ventures.

The corporate intends to make use of the funds to speed up multi-cloud choices in addition to provide new monetary merchandise.

Led by Aran Khanna, CEO, Archera gives cloud low cost automation and FinOps visibility. It generates income solely by means of merchandise that reach vendor-native options, creating new, automatable financial savings methods. Archera’s present choices embody:

  • Free Cloud Administration Platform: a complete administration for financial savings plans reserved situations, and dedicated use reductions, value and utilization visibility, and long-term forecasting and assessments.
  • Insured Commitments: save on all reservable AWS and Azure providers with dedication phrases as temporary as 30 days.

FinSMEs

25/07/2024

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See also  Perspective AI Raises $4M in Seed Funding
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