# Cloudability funding: rounds and investors

> Cloudability has raised $40M across 5 rounds since 2011. Investors include Trinity Ventures, Portland Seed Fund and Foundry Group Select Fund.

Source: https://millionrounds.com/company/cloudability (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Cloudability*

5 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summary Updated 26 Oct 2026

**$40M** raised across 5 rounds since 2011, from 5 sources

**$1.1M** Seed **$8.7M** Series A **$158K** Debt **$6.0M** Series B **$24M** Series B

- **Latest round:** Series B, $24M Jun 2016
- **Led by:** Foundry Group Select Fund
- **Step-up i:** 4×
- **Investors:** 15 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2013 2014 2015 2016

**$1.1M** Seed

**$8.7M** Series A

**$158K** Debt

**$6.0M** Series B

**$24M** Series B

- **First round:** Seed, $1.1M
- **Biggest round:** $24M
- **Usual gap between rounds:** 10 months

## The rounds

- **Jun 2016** Series B **$24M** *1 new* Foundry Group Select Fund Lead Reported by Prnewswire SEC filing: $22M sold, first sale Mar 2015
- **Aug 2015** Series B **$6.0M** No investor was named in the report. From a historical funding record SEC filing: $750K sold, first sale Jul 2015
- **Jan 2013** Debt **$158K** No investor was named in the report. Reported by sec.gov SEC filing: $158K sold, first sale Apr 2011
- **Jul 2012** Series A **$8.7M** *5 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [DCVC](https://millionrounds.com/fund/data-collective) [Foundry Group](https://millionrounds.com/fund/foundry) [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Chris Logan](https://millionrounds.com/fund/chris-logan) Reported by techcrunch.com SEC filing: $8.7M sold, first sale Jul 2012
- **Dec 2011** Seed **$1.1M** *9 new* [Techstars](https://millionrounds.com/fund/techstars) [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Walden Venture Capital](https://millionrounds.com/fund/walden-venture-capital) [PIE](https://millionrounds.com/fund/pie) [Ben Kepes](https://millionrounds.com/fund/ben-kepes) [Nitin Khanna](https://millionrounds.com/fund/nitin-khanna) [Merrick?](https://millionrounds.com/fund/merrick) [Pete Grillo](https://millionrounds.com/fund/pete-grillo) Reported by techcrunch.com

## Founders and team

From Cloudability's own website and the SEC filings it signed: 4 on the team.

- **Alisa Velic** Chief Operating Officer
- **Eugene Khvostov** Chief Product Officer
- **User Groups** Analyst Report
- **Matthew E Ellis** Executive Officer, Director, Promoter i

On the board, as filed i *Jason E Mendelson* *Jason E Seats*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2011 **Series A** 2012 **Debt** 2013 **Series B** 2015 **Series B** 2016 [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) Foundry Group Select Fund L [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [DCVC](https://millionrounds.com/fund/data-collective) [Foundry Group](https://millionrounds.com/fund/foundry) [Walden Venture Capital](https://millionrounds.com/fund/walden-venture-capital) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [PIE](https://millionrounds.com/fund/pie)

## Everyone who backed them

[Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) VC firm **2** rounds

[Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) VC firm **2** rounds

Foundry Group Select Fund no record of our own yet **1** round, led 1

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round

[Foundry Group](https://millionrounds.com/fund/foundry) VC firm **1** round

[Walden Venture Capital](https://millionrounds.com/fund/walden-venture-capital) VC firm **1** round

[SK Ventures](https://millionrounds.com/fund/sk-ventures) VC firm **1** round

[PIE](https://millionrounds.com/fund/pie) VC firm **1** round

[Ben Kepes](https://millionrounds.com/fund/ben-kepes) Angel **1** round

[Chris Logan](https://millionrounds.com/fund/chris-logan) Angel **1** round

[Nitin Khanna](https://millionrounds.com/fund/nitin-khanna) Angel **1** round

[Merrick?](https://millionrounds.com/fund/merrick) VC firm **1** round

[Pete Grillo](https://millionrounds.com/fund/pete-grillo) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cloudability).

## Also claim to have backed them

This firm lists Cloudability as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Escalate Capital](https://millionrounds.com/fund/escalate-capital) Private credit Per its own site

## Quick answers about Cloudability

### Who invested in Cloudability?

Cloudability's investors include Trinity Ventures, Portland Seed Fund, Foundry Group Select Fund, Techstars and 500 Global, and 10 more on record. Foundry Group Select Fund led its latest round.

### How much has Cloudability raised?

Cloudability has raised $40M across 5 rounds since 2011.

### When did Cloudability last raise?

Cloudability's most recent round was a Series B of $24M in Jun 2016, led by Foundry Group Select Fund.

### What was Cloudability's biggest round?

Its most recent round, $24M in Jun 2016, is also its largest on record.

### Who backed Cloudability first?

Cloudability's first round on record, in Dec 2011, was backed by Techstars, Trinity Ventures and Portland Seed Fund and 6 others.

### What stage is Cloudability at?

Cloudability's latest named round is a Series B, in Jun 2016.

### Where is Cloudability based?

Cloudability is based in the United States.

### Who led Cloudability's rounds?

Foundry Group Select Fund led the Series B in 2016.

## Companies like Cloudability

In the same sector, and raised in the last eighteen months.

[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai)

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