CloudTruth Raises $2.4 in Seed Round  

by Kay Aloha Villamor in November 11th, 2022

CloudTruth, a Boston, MA-based DevSecOps platform company that helps enterprise development teams manage their cloud configurations, announced that it raised $2.4 million in seed funding. 

UBMB led the round, with participation from existing investors Glasswing Ventures, York IE, and Stage 1 Ventures. 

The funding will help scale the company’s go-to-market approach, expand its customer base, and deliver a product that supercharges DevSecOps pipeline build teams. 

The company also announced that industry veteran Christian Tate had joined CloudTruth as CEO to lead the company’s next growth phase.

“I am excited to join the CloudTruth team at this inflection point where we see increased adoption of DevSecOps solutions among enterprises. Addressing the build and deploy pipeline is a natural evolution of the growing complexity and scale of cloud-native applications,” said Christian Tate, CEO of CloudTruth. “Too many DevSecOps teams cobble together a secrets and configuration solution that doesn’t scale, slows them down, and compromises security. It’s time to fix that and adopt a new paradigm.”

In addition to the new funding and executive appointment news, the CloudTruth team unveiled new features for DevOps, Developers, and Platform Engineering teams.

Company: CloudTruth, Inc.

Raised: $2.4M

Round: Seed Round

Funding Month: November 2022

Lead Investors: UBMB

Additional Investors: Glasswing Ventures, York IE, and Stage 1 Ventures

Company Website: https://www.cloudtruth.com/

Software Category: Configuration Management

About the Company: Founded in 2019, CloudTruth is a configuration intelligence platform designed to solve configuration problems. It centrally manages configuration parameters, templates, environment variables, and secrets, enhancing existing tools and supporting all cloud platforms. CloudTruth supercharges DevSecOps workflows and accelerates enterprise build and deploy pipelines by giving teams a systematic way to inject and manage all configurations, including secrets, into code releases, which improves developer, DevOps, and Platform Engineering productivity. CloudTruth is based in Boston, Massachusetts.

Source: https://www.prweb.com/releases/2022/11/prweb19007105.htm



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