Cloudability Turns One-Year-Old: A Look Back
Just over a year ago one of my co-founders became a proud father to twins. The day after they came home from the hospital (yes, for real) he and I, along with a third co-founder, decided to quit our jobs and build a platform to tame the Cloud. And so Cloudability was born.
The company was almost created on April Fool’s Day. Call me superstitious but I decided to ask our lawyers to wait. Delaware government was closed on April 2 and then came the weekend. Eventually the papers were filed and the company “Cloudability” was registered on April 5th.
Now here we are a year later and so much has happened:
- April 2011: Cloudability formed! First investors on board
- May: Jon, our coder, will live and code in my guest bedroom for the next 7 months.
- June: Puppet Labs gives us free office space. First public appearance of our product at the GigaOM Structure as one of 11 ‘hot startups to watch’
- August: Private beta starts, with just 25 users and less than a million dollars of spend
- September: Move into the Portland Incubator Experiment, $2M of spend now under management
- October: Cross 200 users and $5M of spend under management
- November: Public beta launches, everything goes crazy with a new signup every 90 seconds. 1 week later our user count has quadrupled
- December: Close a $1.2M seed round, led by Trinity & Walden VC.
- January 2012: Start at TechStars Cloud in San Antonio, hire our first non-founder staff members
- February: Our new look interface based on Zurb is looked; we hire our first two non-technical staff
- March: Budgets feature leave private beta
- One year later … 2,150 companies in 80 countries use Cloudability to manage their cloud spending, a 10x growth in just 6 months. Over $75M of bills have gone through our system. And I’ve personally sent 11,000 emails and flown 63,000 miles, as my wife will attest..
Along the way, we’ve had so much help and support from spouses, friends, family, advisors, other startups, as well as our brainy and very attractive customers. In fact it’s been a bit overwhelming just how keen people are to help us solve this problem of taming the Cloud.
No doubt the year ahead will also be exciting and jam-packed. We’re excited to see how the cloud analytics space develops and where we’ll end up. We have some big ideas brewing in the labs. So, be sure to contact us if you’re keen to be a private beta tester.
One thing I know for sure: although the work will be hard, we’ll continue to have an amazing time growing our company and helping to fulfil the promise of the Cloud.
Mat Ellis – CEO