CoreStack, a global multi-cloud governance SaaS provider, has raised $30 million Series B funding led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors.
This brings CoreStack’s total funding to $45 million, following its Series A in March 2020. The funding will help CoreStack continue its rapid pace of growth and innovation with its AI-powered continuous and autonomous cloud governance at scale, while also making strategic headway with expansion into new markets, the company said.