Bellevue Washington based CoreStack is raising $30,000,000.00 in New Equity Investment.
Bellevue, WA – According to filings with the U.S. Securities and Exchange Commission, CoreStack is raising $30,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ezhilarasan Natarajan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About CoreStack
CoreStack, an AI-powered multi-cloud governance solution, empowers enterprises to unleash the power of cloud on their terms by helping them rapidly achieve continuous and autonomous cloud governance at scale. CoreStack enables enterprises to realize outcomes across FinOps, SecOps and CloudOps such as 40% decrease in cloud costs and 50% increase in operational efficiencies by governing operations, security, cost, access, and resources. CoreStack also assures 100% compliance with standards such as ISO, FedRAMP, NIST, HIPAA, PCI-DSS, AWS CIS & Well Architected Framework. CoreStack helps enterprises overcome the cloud challenges such as unpredictable and unabated cloud costs, ever growing security risks, stringent regulatory compliance needs and operational complexities by offering deeper cloud visibility, preventative governance guardrails, and automatic remediation. CoreStack works with many global customers across industries including Financial Services, Healthcare, Retail, Education, Telecommunications, Technology and Government. The company is backed by the worlds leading venture capital investors and a seasoned advisory team.
To learn more about CoreStack, visit http://www.corestack.io/
Contact:
Ezhilarasan Natarajan, Chief Executive Officer
425-310-5375
ezhilarasan@corestack.io
https://www.linkedin.com/in/ezhiln/
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