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

Other Articles

Kalibr8 Ushers in a New Era of Cloud Management with Singularity for Azure

Kalibr8 Ushers in a New Era of Cloud Management with Singularity for Azure

Jan 18, 2024

In the rapidly evolving cloud computing market, effective management has become an ever-present problem for companies competing across myriad industries. For MSPs, this problem is further exacerbated as expectancy from these organizations only increases alongside the incorporation of more devices, tools, and systems that create excessively intricate infrastructures.

read more
Tackling Runaway Spend in the Cloud: Kalibr8 Introduces Singularity for Azure

Tackling Runaway Spend in the Cloud: Kalibr8 Introduces Singularity for Azure

Jan 18, 2024

The omnipresent coverage of cloud computing technology has fostered a renewed vitality for organizations across myriad industries, providing critical development to infrastructure as complex challenges spur continued innovation. However, as cloud computing has become the backbone for countless enterprises, it has simultaneously inspired an overreliance, accompanied by the looming issue of runaway cloud spending.

read more
Unleashing Cloud Efficiency: Introducing Singularity by Kalibr8

Unleashing Cloud Efficiency: Introducing Singularity by Kalibr8

Jan 17, 2024

The modern-day managed service provider (MSP) has evolved from humble beginnings as hardware and software vendors to full-blown IT experts tasked with a variety of technical responsibilities by their clients. Of their new responsibilities, cloud management and optimization are among the most prominent duties businesses are prioritizing, as MSPs nowadays are counted on by enterprises to conquer inefficient cloud use and spending, better known as cloud waste.

read more