Kalibr8 Closes New Financing Round
Author: Kalibr8 Marketing
Press Release
Date: May 15, 2023

Disruptive cloud optimization solutions set to scale as distributors, marketplaces, and other channels recognize the benefits of a more modern, automated, and AI-driven platform

Dublin, Ireland; May 16, 2023— Kalibr8™ announced today they have closed a new round of financing as their Cloud Optimization Software as a Service offering continues to grow. The company’s highly automated solution enables service providers and their customers to get the maximum value out of their investments in cloud services through an advanced, unified portal designed to work across Microsoft Azure, AWS, and Google Cloud.

Designed for Managed Service Providers (MSPs) and sold only through channels, Kalibr8’s Optimizer Loop™ platform is any easy-to-implement cloud-first solution service providers use to understand, manage, and control cloud expenses for their own business and for the benefit of their small and medium enterprise (SME) end customers.

Kalibr8’s platform has a commercial model that is straightforward and based on delivery analytics, with a “Pay as you Optimize” model. With a well-designed user experience through a web-based portal, the model also allows MSP to easily on board as many customers as they wish using a “pay only for what you use” approach, with clearly defined benefits showing precisely how much is being spent on cloud consumption and where the spend can be reduced in near real-time.

Recently, the company introduced a FinOps-as-a-Service offering, which improves overall operational efficiency with end-to-end observability, automated governance features, accurate budget forecasting analytics, and resource optimization recommendations across the lifecycle, from DevOps to RevOps.

“With the additional capital we’ve attracted from strategic investors, we are now able to fund new innovations while also investing in ensuring consistently brilliant experiences for our distribution partners, for MSPs, and for their end-customers,” said Ben McGahon, Founder and CEO. “The speed at which our platform has been adopted, even in the early days, encouraged us to identify experienced investors, and with additional resources, we are fully prepared to scale and grow.”

About Kalibr8

Kalibr8 cloud optimization SaaS delivers automated and easy-to-use cloud-cost solutions to organizations through Managed Service Providers and Distributors. Kalibr8’s automated cloud optimization capabilities allow MSPs to manage their customer’s cloud resources easily. No coding, No scripting, No hassle.

For more information, please visit https://kalibr8.io and follow us on LinkedIn.

Media Contact for Kalibr8

Cynthia Artin

Artin Arts for Kalibr8 cynthia@artinarts.com

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