CoreStack closes $30 million funding round led by Avatar Growth Capital

CoreStack, a global multi-cloud governance SaaS provider, said it has raised a $30 million Series B funding round 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, underscoring the growing enterprise demand for multi-cloud governance solutions.

The funding will help CoreStack continue its rapid pace of growth and innovation with its AI-powered continuous and autonomous cloud governance at scale. It would also help it in making strategic headway with expansion into new markets.

“The rapid adoption of CoreStack