Stacklet Raises $4 Million In Seed Funding


Stacklet has announced the launch of its commercial cloud governance platform that accelerates how the Global 2000 manages their security, operations, visibility and cost optimization in the cloud.

Stacklet is built with an open core model around the open source project Cloud Custodiany. The project’s community has hundreds of active contributors including Amazon, Microsoft and Capital One and is growing rapidly.

As part of today’s announcement, Stacklet has raised $4 million in seed funding from Foundation Capital and Lee Fixel’s new fund Addition.

Stacklet founders Travis Stanfield (CEO) and Kapil Thangavelu (CTO) met at Capital One where Thangavelu created Cloud Custodian, which is now part of the CNCF Sandbox, to give developers the freedom to use cloud native tools and resources.

Stacklet provides a one-stop shop for addressing enterprise needs on cloud governance, with an out-of-the-box product experience that has policies across security, cost and operations domains, the company said. Additionally it features automated operations, a real time cloud asset inventory and reporting visualizations.

“Stacklet empowers organizations to automate cloud governance via advanced product features with commercial support. This results in self-service to cloud technologies which are properly aligned with an organization’s governance posture,” quipped Travis Stanfield, co-founder and CEO of Stacklet.

Beyond the commercial offering, the Stacklet team is continuing to invest in Cloud Custodian. In addition to continuing to add to the detect, respond and recover capabilities already available today, Stacklet is contributing policy enforcement against infrastructure as code assets. This introduces preventative control by giving developers the ability to evaluate infrastructure code against their organization’s governance standards early in the software lifecycle.

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