Metricly provides a SaaS-based cloud monitoring service that cross-analyzes performance, capacity and cost using machine learning algorithms. Its solution delivers real-time dashboards, recommendation reports, and dynamic notifications for automated action to reduce cloud spending and avoid performance problems. The company raised $9M in a Series A equity financing led by Rembrandt Venture Partners with participation from Bowery Capital. In addition, it secured $2M in venture debt from Western Technology Investment. Proceeds will be used to accelerate engineering and marketing initiatives. Metricly also added Mark Roberge and Vik Duggal to its advisory board to help strengthen and scale sales, marketing and customer success processes.

Total raised

$11M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Aug 2018