CloudKeeper acquires WiseOps to expand its cloud cost optimization offering

CloudKeeper acquires WiseOps to expand its cloud cost optimization offering

CloudKeeper, a company that provides comprehensive cloud cost optimization services, recently acquired WiseOps, a groundbreaking platform specializing in AWS cost and usage optimization.

The company did not disclose financial terms of the transaction, but the acquisition was completed in a combination of equity and cash.

In December last year, the company raised an undisclosed amount in a pre-seed funding round from CORE91.VC. It claims to have a customer base of 50 clients and has generated over $100,000 in revenue to date.

What does WiseOps do?

WiseOps is known for AI-driven recommendations and automated optimizations that enable teams to significantly reduce their cloud spend without compromising performance or workflow efficiency.

By integrating WiseOps’ intelligent tools into CloudKeeper’s robust ecosystem, customers can now access an end-to-end cloud optimization solution that promises greater savings and more efficient workflows.

Comments from management

Ronak Goyal, co-founder of WiseOps, said, “This represents a significant opportunity for both WiseOps and CloudKeeper to drive innovation and deliver exceptional value. We look forward to integrating our technologies and expertise to offer even more powerful cloud cost optimization solutions.”

Praneet Chandra, co-founder of WiseOps, said, “Fifteen months ago, Ronak and I founded WiseOps in response to companies struggling with rising costs and cloud infrastructure challenges, which led to layoffs. Our journey started with our first customer where we reduced their cloud bill by 50%.”

“WiseOps was the missing piece of the puzzle,” said Deepak Mittal, co-founder and CEO of CloudKeeper.

“By joining forces with them, CloudKeeper has become a truly comprehensive cloud cost optimization solution. This will enable us to serve a broader range of customers, address more complex use cases, and help enterprises optimize and design their cloud environments more effectively,” Mittal added.

Leave a Reply

Your email address will not be published. Required fields are marked *