Easily build complex reports
Monitoring and efficiency metrics
Custom cost allocation tags
Network cost visibility
Organizational cost hierarchies
Budgeting and budget alerts
Discover active resources
Consumption-based insights
Alerts for unexpected charges
Automated AWS cost savings
Discover cost savings
Unified view of AWS discounts
COGS and business metrics
Model savings plans
Collaborate on cost initiatives
Create and manage your teams
Automate cloud infrastructure
Cloud cost issue tracking
Detect cost spikes
by Ben Schaechter
Today we're excited to share that Vantage has closed $4M of seed fundraising led by Andreessen Horowitz with additional participation from Brianne Kimmel, Stephanie Friedman, Julia Lipton, Jacqueline De La Rosa, Calvin French Owen, Ben Uretsky, Moisey Uretsky, Mitch Wainer, Justin Gage, Jeff Weinstein and Marc Bhargava
Public cloud infrastructure and service costs are projected to be over $100B+ in 2021 and becoming increasingly more difficult to track, analyze, budget and forecast on. As organizations grow in cloud adoption, so too does the complexity of their underlying costs. In a recent Flexera report, it is estimated that up to 30% of cloud spend is waste. In the same report, survey respondents have said their top challenges include reporting and visibility of where their costs are coming from. This problem extends down to startups where typically developers, who are rightfully focused on building their business, do not fully understand where their costs are coming from and how infrastructure changes impact those costs.
Cloud costs are becoming a first-order metric that developers look at on a regular basis and as startups mature, so too does the focus on their gross margins which are increasingly weighed down by cloud costs. We believe that we're in the very early innings of FinOps, shorthand for "Cloud Financial Operations". As organizations mature in their understanding and their accounting of cloud infrastructure spend, the use-cases and demands they have for accompanying software are also growing.
Vantage's mission is to build a suite of tools which make it easy for engineering, leadership and finance to analyze, collaborate on and optimize their cloud infrastructure costs. We will be using this investment to scale the team.
Concerned aboutcloud costs?
See your AWS savingswithin 60 seconds.
Vantage launches cur.vantage.sh, a free guide to AWS billing codes for the FinOps Community.
Vantage launches a new partner ecosystem to bring together Managed Service Providers (MSPs), resellers, cloud consultants, private equity and venture capital partners, technology alliances, and advocates passionate about driving FinOps excellence.
Vantage is now a part of the FinOps Foundation. As a member we will collaberate to continue advancing the FinOps discipline and help shape the future of cloud cost management.