Vegacloud

Vegacloud

A user-friendly cloud automation platform for all cloud optimizationS. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD25—37m (Dealroom.co estimates Sep 2022.)
Liberty Lake Washington (HQ)

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues1.1m1.4m5.0m
% growth-26 %260 %
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VegaCloud is a next-generation cloud management platform designed to optimize costs and enhance security for businesses operating in the public cloud. The platform offers increased visibility, scalable management, and advanced optimization strategies, enabling clients to save up to 35% on their monthly cloud bills. VegaCloud serves a diverse range of clients, including businesses of all sizes that rely on cloud infrastructure to deliver their products and services. The company operates in the cloud management market, providing solutions that simplify cloud infrastructure organization, cost reporting, and security compliance.

The business model of VegaCloud is based on a Software-as-a-Service (SaaS) approach, where clients subscribe to the platform to access its suite of cloud management tools. Revenue is generated through subscription fees, which vary based on the level of service and features required by the client. VegaCloud's platform is purpose-built by cloud practitioners for cloud practitioners, ensuring that it meets the specific needs of its users.

VegaCloud's key offerings include the Vega Platform, which automates cloud optimization at scale, and Vega Secure WorkRemote, a consolidated desktop platform that provides edge inoculation of ransomware and simplifies compliance for regulated organizations. The platform also supports the connection, automation, management, and optimization of new and existing networks, automation tools, applications, and other multi-cloud elements.

By focusing on automation and security, VegaCloud allows businesses to concentrate on their core operations while effectively managing their cloud infrastructure. The platform is particularly user-friendly, making it accessible for all types of cloud users.

Keywords: cloud management, cost optimization, security compliance, SaaS, cloud infrastructure, automation, public cloud, ransomware protection, scalable management, multi-cloud.

Tech stack

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