Cutover provides an enterprise work orchestration and observability platform used to plan, orchestrate and analyze complex releases, cloud migrations, incident responses and other timebound work involving humans and machines. The platform offers audit trails, visibility and control to support operational resilience and faster, more reliable change at scale. Cutover says its revenues doubled and it almost tripled its workforce in 2020 as demand for distributed and remote collaboration rose. Customers include leading firms across financial services (including three of the top five U.S. banks), technology, retail and insurance, and partners include Accenture, Barclays and Deloitte. The company is an Advanced Technology Partner and ISV to AWS and works with a broad partner ecosystem. Cutover plans to expand into new verticals, double engineering and product investment, enhance integrations and open API connectivity, and increase sales, customer success and solution delivery capacity. Cutover provides a cloud-enabled work orchestration and observability platform that brings dynamic flows of work out of the enterprise 'dark matter' to give teams visibility and control. The platform replaces static spreadsheets and weekend calls, enabling teams to plan, orchestrate and analyze human and automated activities for technology releases, resilience testing, operational readiness and incident recovery. Cutover is used by many leading global banks and wider financial services firms and targets use cases such as hybrid cloud migration, data center migration, continuous transformation and operational resilience. The company says the new funding will increase its development capability fourfold and support rapid expansion into new verticals. Cutover plans to build its product development and client teams and prototype new areas of the platform in partnership with clients. The company emphasizes enabling humans and machines to collaborate more effectively and reducing the risk of failure across complex enterprise changes.

Total raised

$52M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2021