Cloud Infrastructure Monthly:
May 2024

3 in Finance

5/30: CoreWeave (Roseland, NJ), cloud computing infrastructure platform, raised $7.5B in debt funding from Blackstone, Magnetar, Carlyle and others. Just two weeks earlier, the company secured $1.1B in a venture round led by Coatue Management, at an $18B pre-money valuation, and now seeks a 2025 IPO. (Link)

5/23: All-in-one cost observability platform and developer of MegaBill, Finout (Tel Aviv/New York, NY) secured $26mm in a Series B venture round led by Red Dot Capital Partners. Jibe Ventures, Pitango Venture Capital, and Team8 also participated in the round. (Link)

5/15: Alkira (San Jose, CA), network IaaS company providing on-demand hybrid and multi-cloud network connectivity, completed a $100mm series C venture round led by Tiger Global Management. (Link)

3 for Fun

AWS CEO Silepsky to step down next month, ex-Tableau CEO is set to replace him (Link)

Google and Amazon seek more defense contracts, despite worker protests (Link)

AWS to establish European ‘sovereign cloud’ in Germany by 2025 with €7.8B in planned investment (Link)

 

 

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