CloudTruth Raises $5.25 Million Seed Funding
July 26, 2021

CloudTruth raised $5.25 million in seed funding led by Glasswing Ventures and Gutbrain Ventures, with additional funding from Stage 1 Ventures and York IE.

The Seed Series will be used to further develop the company’s disruptive offering that helps software developers and CloudOps teams increase uptime, improve security and eliminate cloud configuration risks resulting from decentralized and distributed deployment and settings.

CloudTruth also announced the acquisition of Tuono, a cloud secrets management startup as it looks to unify and simplify access and visibility into companies’ infrastructure, application, and secrets configuration data.

“Cloud configuration errors keep CTOs up at night, and rightfully so,” said Greg Arnette, CEO, CloudTruth. “We’re fixing that problem by giving companies increased visibility and unified control, providing access to all cloud and application configuration data in one place. We support this by providing a low code, unified configuration management solution that accelerates teams and ensures consistency.”

CloudTruth unifies access and visibility into companies’ infrastructure, application, and secrets configuration data. CloudTruth’s API, CLI, and GUI enable companies to manage their parameters, templates, environment variables, and secrets from one central location.

Tuono provides comprehensive enterprise cloud automation, including secrets management, role-based access control, versioning, and audit logging. Tuono’s technology plays a key role in CloudTruth’s unified configuration management platform by helping CloudOps teams better define and manage their cloud infrastructure services.

CloudTruth was founded by longtime tech veterans Greg Arnette and Matt Conway. Most recently, Arnette was the founder and CTO of Sonian, which was acquired by Barracuda Networks. Conway was previously the founder of Simply Genius and the CTO of Backupify, which was acquired by Datto.

“Inadequate cloud configuration controls and oversight, exponentially increasing APIs, and a lack of cloud security expose companies of all sizes to major risks,” said Rudina Seseri, Founder and Managing Partner at Glasswing Ventures. “...This merger and the financing round will power the creation of a unique configuration and automation platform, purpose-built to address the needs of today’s cloud configuration complexities.”

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