ControlMonkey gets $7M in funding to automate cloud infrastructure management with code
Terraform automation startup ControlMonkey Ltd. said today it has closed on a $7 million seed funding round co-led by Lool Ventures and Joule Ventures, which coincides with the global launch of its platform.
Gaia Ventures and its founder Deepak Krishnamurthy also participated in the round, alongside a number of angel investors.
The startup has built a platform that leverages generative artificial intelligence to automate everyday operations with Terraform, the popular infrastructure-as-code platform that allows companies to define and provision cloud resources using configuration files instead of manual processes.
Terraform is the most popular IaC tool, and is widely considered to improve the efficiency and consistency of cloud infrastructure management. However, users still need to spend considerable time and effort writing those configuration files, and it’s here that ControlMonkey thinks it can help.
Its cloud automation platform employs generative AI code creation that can reverse-engineer existing cloud infrastructure into production-grade Terraform code and instantly deploy it anywhere. It combines this with a remediation engine that constantly scans existing infrastructure code in order to fix problems such as drift, cost issues and security vulnerabilities, ensuring that code is always optimized.
Other capabilities it provides include a self-service “QualityGate” tool that creates a catalog of predefined cloud infrastructure blueprints, enabling teams to launch new cloud environments within minutes to accelerate deployments. Meanwhile, its infrastructure disaster recovery features help mitigate any potential failures or deletions by capturing a daily snapshot of a company’s existing cloud configurations, so they can be restored to any point in time.
ControlMonkey says the combination of these tools has already helped early adopters such as Intel Corp. and NetApp Inc. to achieve a 30% boost in cloud productivity, with three-times faster deployment times and 50% fewer production tickets. Having recently announced a partnership with Amazon Web Services Inc., the startup wants to scale its platform out to every industry.
The startup’s founders have a lot of pedigree in cloud automation. It’s led by Aharon Twizer, the co-founder of Spot.io Inc,, which was later acquired by NetApp Inc. for $450 million, and his colleague Ori Yemini, who was one of the founding engineers at that company. At Spot, they helped to build pioneering tools that optimize cloud infrastructure resources using advanced analytics to identify the lowest-cost spot instances and maximize computing resource efficiency.
Now, the founders say, they’re focused on transforming cloud infrastructure delivery. “Just like GitHub and Jfrog revolutionized software delivery, ControlMonkey is transforming the cloud industry by making infrastructure delivery as easy to manage as software,” Twizer said.
The funds from today’s round will go towards building out ControlMonkey’s cloud governance tools, and the startup will also look to expand its engineering and customer success teams, he said.
Lool Ventures partner Maya Azoulay said ControlMonkey’s platform has the potential to be “truly revolutionary” for the IaC market. “It’s harnessing the power of AI to deliver total control, end-to-end, at any scale,” he said. “Every enterprise and every industry needs this solution.”
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