Stacklet raises $18 mn in Series A funding led by Addition

Stacklet, a developer of the cloud governance platform based on Cloud Custodian, has closed $18 million in Series A funding.
Stacklet job
The investment was led by Addition with participation from Foundation Capital and new individual investor Liam Randall.

Stacklet will use the funds to grow the Cloud Custodian community, advancing the Stacklet platform, and hiring in engineering, marketing, sales and customer success.

Stacklet has developed a real-time cloud asset database, added hundreds of policies to its Policy Packs and signed multiple design partners for its cloud governance platform. Cloud Custodian has been downloaded more than 2 million times since August 2020, is part of the CNCF Sandbox, and has almost 300 active contributors including Amazon, Microsoft and Capital One.