BetterCloud

company

About

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

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

Employee Profiles

Number of Employee Profiles
20
BetterCloud has 20 current employee profiles, including Board observer Samuel Lipsick
Board observer
Executive
Executive
Executive
Employee