CloudQuery Surges 400% Year-Over-Year, Secures $16M to Enhance Enterprise Cloud Governance Solutions

NEW YORK — CloudQuery, a leading cloud governance platform designed for developers, announced today that it has achieved a remarkable 4x year-over-year growth, securing a $16 million funding round led by Partech. Additional support for this round comes from existing investors Boldstart, Tiger Global, and Work-Bench. Reza Malekzadeh, a General Partner at Partech, has joined the company's board. The fresh capital will be utilized to enhance CloudQuery’s product capabilities, expanding its focus to include broader governance, security, and compliance solutions, as well as to bolster go-to-market strategies. CloudQuery has quickly gained traction by providing a comprehensive platform that integrates seamlessly into the development workflow, enabling teams to manage cloud resources more effectively. The platform helps enterprises navigate complex cloud environments by automating the identification and remediation of security and compliance issues. This funding round signifies strong confidence from investors in CloudQuery's approach and underscores the growing demand for robust cloud governance solutions. "CloudQuery's rapid growth is a testament to our commitment to empowering developers with the tools they need to govern and secure cloud infrastructure," said the CEO of CloudQuery. "With this investment, we can further innovate and extend our platform's capabilities, helping companies stay ahead of evolving cloud challenges." The new funding will allow CloudQuery to accelerate product development, with a particular emphasis on enhancing its security and compliance features. This expansion aims to meet the increasing needs of enterprises as they adopt more cloud services and face stricter regulatory requirements. Additionally, the company plans to invest in marketing and sales initiatives to expand its market reach and customer base. Reza Malekzadeh, the newly appointed board member, expressed enthusiasm about the potential of CloudQuery. "We are excited to see such a significant year-over-year growth for CloudQuery. Their developer-centric approach and innovative solutions position them uniquely in the market. With this new capital, they have the resources to drive even greater impact in the cloud governance space," he said. As cloud usage continues to soar, the importance of effective governance cannot be overstated. CloudQuery addresses this critical need by offering developers a user-friendly interface and powerful automation tools. By simplifying the process of managing cloud resources, the platform not only streamlines operations but also enhances overall security and compliance. The growing pains of cloud adoption, such as misconfigurations, security breaches, and compliance violations, can be costly and damaging for enterprises. CloudQuery mitigates these risks by continuously monitoring and enforcing best practices, providing real-time alerts and automated fixes. This proactive approach ensures that organizations can maintain a high level of control over their cloud environments while focusing on innovation and growth. "We are thrilled to have the continued support from our investors, including the leadership of Partech," added the CEO. "This funding round will help us scale our operations and bring our cutting-edge cloud governance solutions to more businesses around the world." The company's future plans include developing new features and integrations to further solidify its position as a leading cloud governance platform. CloudQuery aims to become a one-stop solution for all cloud-related governance, security, and compliance needs, catering to both small startups and large enterprises. In a rapidly evolving digital landscape, where cloud technology is increasingly central to business operations, CloudQuery’s growth and investment reflect a growing industry recognition of the platform’s value. As the company continues to innovate and expand, it is poised to play a crucial role in shaping the future of enterprise cloud management.