Firefly, a Tel Aviv, Israel-based startup that provides cloud asset management with its infrastructure as code solution, raised $23 million in Series A funding.
Investors
The round was led by Vertex, with participation from Hanaco, SoftBank, InMotion Ventures, and Redseed.
Firefly Use of Funds
The company will use the funding to expand its capabilities and market presence.
About Firefly
Founded in 2021, Firefly specializes in cloud asset management, leveraging infrastructure as code solutions to help organizations manage and optimize their cloud environments. Its platform uses AI to scan and manage assets across major cloud providers, including Google Cloud, Microsoft Azure, and Amazon Web Services. The company serves a growing number of customers, including some of the largest Fortune 500 companies.
Funding Details
Company: Firefly
Raised: $23.0M
Round: Series A
Funding Month: May 2024
Lead Investors: Vertex
Additional Investors: Hanaco, SoftBank, InMotion Ventures, Redseed
Company Website: https://www.firefly.ai/
Software Category: Cloud Asset Management
Source: https://techcrunch.com/2024/05/29/after-co-founders-murder-at-the-hands-of-hamas-cloud-startup-firefly-raises-23m/