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CloudKeeper, a leading cloud cost optimization services provider has announced the acquisition of AWS cost and usage optimization platform WiseOps for an undisclosed amount in a mix of equity and cash deal.
The company has previously secured an undisclosed pre-seed investment from CORE91 VC in December 2023 and has recorded $100,000 in revenue to date with over 50 clients.
Speaking on the acquisition, Ronak Goyal, Co-founder of WiseOps said, “This represents a significant opportunity for both WiseOps and CloudKeeper to drive innovation and deliver exceptional value. We look forward to integrating our technologies and expertise to offer even more powerful solutions for cloud cost optimization.”
“Fifteen months ago, Ronak and I founded WiseOps in response to companies struggling with rising costs and cloud infrastructure challenges, leading to layoffs. Our journey began with our first customer, where we reduced their cloud bill by 50%,” Praneet Chandra, Co-founder of WiseOps added.
Further talking about the deal, Deepak Mittal, co-founder and CEO of CloudKeeper said, “WiseOps was the missing piece of the puzzle. By joining forces with them, CloudKeeper has become a truly comprehensive cloud cost optimization solution. It will enable us to cater to a broader range of clients, address more complex use cases, and help businesses optimize and engineer their cloud environments more effectively.”