July 12th, 2012

Cloudability Raises $8.7 Million From Foundry Group For Service To Track Cloud Spending

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Portland-based Cloudability has raised $8.7 million from the Foundry Group in a Series A round for its service that tracks cloud costs and gives better visibility into spending for online services that often go unmonitored. Other participants in the round include 500 Startups, Trinity Ventures and Wieden + Kennedy, one of the world’s leading independent advertising agencies.

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