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Rosslyn, Va.–based cloud management firm DivvyCloud recently closed on $6 million in series A funding, bringing its total raised to $9 million since the company was founded in 2014. The 20-employee company is also expanding into new offices and hiring.
“We’re the pioneers of how the future of cloud computing needs to be managed,” DivvyCloud cofounder and CEO Brian Johnson told Technical.ly DC. “We need to rethink how infrastructure is monitored and how quickly you need to be able to react to change in that infrastructure.”
Cloud computing is projected to bounce domestically from a $67 billion industry in 2015 to $162 billion in 2020, according to Gartner. Worldwide, the market is estimated to grow 18 percent in 2017 over 2016, or $246.8 billion from $209.2 billion.
The DivvyCloud platform allows for enterprises to manage their existing cloud infrastructure with 125 standard bots to find and address policy infringements or security issues.
“Instead of getting emails at the end of the month saying you’ve got a thousand problems, now you only have five because we took care of 995 of them for you,” Johnson said.
Johnson and cofounder Chris Deramus met while working as developers for Electronic Arts (EA), and making video games with budgets ranging from $50 million to $500 million. Around 2011, Johnson was on the EA team tasked with converting six data centers across the world into Amazon. Two years later, the team left to found their own company.
“The cloud can be cheaper in some ways, but like anything you’re not getting rid of your problems. You’re just changing your old problems with new ones,” Johnson said, adding that his company is hiring engineers and that revenue has doubled every year for the last three years. “It will be the same for us this year and we look to do the same next year.”
DivvyCloud’s funding round was led by RTP Ventures, and included an investment from Philly-based MissionOG.