CoreStack Secures $50M to Advance AI Cloud Governance Platform

CoreStack, an AI-Powered NextGen Cloud Governance and Security Platform, has announced it has secured $50,000,000 in funding. The investment round will support the company's strategic expansion and continued innovation in cloud management solutions. CoreStack assists over 750 global enterprises in managing more than $2 billion in cloud spend, providing continuous, autonomous governance across security, compliance, operations, and cost domains. The platform empowers organizations to innovate with confidence by addressing challenges such as unpredictable cloud costs, rising security risks, strict compliance demands, and operational complexity. CoreStack's solutions enable enterprises to achieve significant outcomes, including a reported 40% reduction in cloud costs and a 50% boost in operational efficiency. It also ensures 100% compliance with various industry standards like ISO, FedRAMP, NIST, HIPAA, and PCI-DSS. CoreStack's unique Cloud-as-Code approach, leveraging deep AI/ML, declarative definitions, and patented cloud service-chaining technology, underpins its capability to deliver deeper visibility, preventative guardrails, and automated remediation. This capital injection underscores investor confidence in CoreStack's technology and market position. The company plans to strategically deploy the funds to accelerate product development, expand its market reach, and further scale its global operations. This funding round is critical for CoreStack as it continues to strengthen its offerings for customers across Financial Services, Healthcare, Retail, Education, Telecom, Technology, and Government sectors. The company is poised to further enhance its strategic partnerships with major cloud providers like AWS, Azure, GCP, and Oracle Cloud, driving its mission to help enterprises harness the full power of the cloud efficiently and securely.