RightScale

RightScale

Cloud management platform enabling instant access to public, private, and hybrid clouds while optimizing tech spend and agility. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD85—128m (Dealroom.co estimates Feb 2013.)
Company register number 13662557
Santa Barbara California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20182019202020222023
Revenues15.4m15.4m15.4m1.4m1.4m
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DateInvestorsAmountRound
-

N/A

-
N/A

$4.0m

Seed

$4.5m

Series A

$13.0m

Series B

$25.0m

Series C
N/A

$15.6m

Series D
Total FundingCAD84.7m

Recent News about RightScale

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More about RightScaleinfo icon
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RightScale, now part of Flexera, operates in the cloud management sector, providing solutions that help businesses optimize their cloud infrastructure. The company primarily serves software and IoT (Internet of Things) companies, offering tools to install, protect, and monetize their cloud-based services.

RightScale's main product is the Cloud Management Platform (CMP), which allows organizations to manage and optimize their use of public, private, and hybrid clouds. This platform helps businesses streamline operations, reduce costs, and maintain control over their cloud environments. The CMP offers features like on-demand scaling of infrastructure, which means companies can easily increase or decrease their cloud resources as needed, ensuring they only pay for what they use.

The company operates in a growing market as more businesses move their operations to the cloud. RightScale's business model is based on a subscription service, where clients pay for access to the CMP and other related tools. This model provides a steady stream of revenue and allows the company to continually update and improve its offerings.

RightScale makes money by offering various cloud management services that help businesses optimize their cloud spending, improve their tech agility, and gain insights into their cloud usage. These services are crucial for companies looking to maximize their return on investment in cloud technologies.

In summary, RightScale provides essential cloud management solutions that help businesses efficiently manage their cloud resources, reduce costs, and maintain control over their cloud environments. The company serves a diverse range of clients in the software and IoT sectors, operating in a rapidly growing market with a subscription-based business model.

Keywords: Cloud Management, Optimization, SaaS, IoT, Subscription, Infrastructure, Hybrid Cloud, Public Cloud, Private Cloud, Cost Reduction.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by RightScale

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PlanForCloud
ACQUISITION by RightScale Jul 2012