Ternary, a cloud spend management startup, raises $12M

Ternary, a cloud spend management startup, raises $12M

7 months ago
Anonymous $pUsIN4hzN9

https://techcrunch.com/2023/10/23/ternary-a-cloud-spend-management-startup-raises-12m/

Ternary, a platform that helps companies manage how much they’re spending on cloud resources across multiple public cloud providers, today announced that it raised $12 million in a Series A funding round led by Jump Capital with participation from Fin Capital, RiverPark Ventures, Great Oaks Venture Capital and Gaingels.

Co-founder and CEO Sasha Kipervarg says that the new cash, which brings Ternary’s total raised to ~$20 million, will be put toward Ternary’s go-to-market efforts, scaling its revenue team and making “continued investments” in Ternary’s product development.