BetterCloud

About

The SaaS Operations leader: Transform employee experience, centralize data protection, and maximize operational efficiency.

New York,New York,United States
251 - 500
https://www.bettercloud.com

Highlights

Details

Last Funding Type: Private Equity（PE）
Industries: Apps,Cloud Security,Enterprise Software,IT Management,SaaS,Software
Founded date: Nov 1, 2011
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: BetterCloud, Inc.

BetterCloud is the market leader for SaaS Operations. With SaaS adoption growing 38% YoY, an average IT team is now responsible for managing and securing 110+ SaaS applications. Existing solutions are not designed to handle aggressive SaaS sprawl. By automating critical work like user lifecycle management and data protection, BetterCloud's 1000's of customers enjoy greater employee productivity and more secure IT environments. With unrivaled SaaS expertise and a powerful integration library, BetterCloud’s SaaS Management Platform typically enables true "Zero Touch" SaaS operations in less than 2 months.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$186.85M

BetterCloud has raised a total of $186.85M in funding over 2 rounds. Their latest funding was raised on Jun 9, 2022 from a Private Equity（PE） round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 9, 2022	Private Equity（PE）	—	1	Vista Equity Partners	—	Detail
May 20, 2020	Series F	$75M	7	Warburg Pincus	—	Detail
Sep 25, 2019	Corporate Round	$5M	1	Dropbox	—	Detail
Apr 5, 2018	Series E	$60M	7	Bain Capital Ventures	—	Detail
Mar 26, 2015	Series D	$25M	9	Accel	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

BetterCloud has made 1 investments. Their most recent investment was on Nov 20, 2018, when Enboarder raised $4M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 20, 2018 Enboarder	Series Unknown	$4M	Employee Benefits	—

Investors

Number of Lead Investors

Number of Investors

7

16

BetterCloud is funded by 16 investors. Vista Equity Partners and Warburg Pincus are the most recent investors.

Investor Name	Lead Investor	Funding Round
Vista Equity Partners	Yes	Private Equity（PE）
Warburg Pincus	Yes	Series F
Dropbox	Yes	Corporate Round
Accel	—	Series F
Bain Capital Ventures	—	Series F
Flybridge	—	Series F
Greycroft	—	Series F
Headline	—	Series F
New Amsterdam Growth Capital	—	Series F
Tribeca Venture Partners	—	Series E