Tel Aviv-based cloud automation startup ControlMonkey has successfully raised $7 million in a seed funding round.
The round was led by prominent investors lool ventures and Joule Ventures, with additional support from Gaia Ventures and industry leaders, including Deepak Krishnamurthy, Vadim Solovey, Yoav Toussia-Cohen, Asaf Ezra (CEO and co-founder of Granulate), and Ariel Assaraf (CEO and co-founder of Coralogix).
This funding will fuel ControlMonkey’s plans to enhance its cloud governance tools, scale global operations, and strengthen its engineering, customer success, and market expansion efforts.
Founded by Aharon Twizer and Ori Yemini, ControlMonkey delivers a cutting-edge Terraform automation platform. This end-to-end solution empowers cloud teams with AI-driven tools and automation to manage and optimize the entire cloud lifecycle—from provisioning to governance and cost optimization.
By addressing critical challenges in cloud management, the platform provides organizations with enhanced visibility, streamlined operations, and scalable solutions tailored to their unique needs.
The newly raised funds will accelerate ControlMonkey’s mission to expand its global footprint. The company plans to invest heavily in its engineering capabilities to refine its technology further while enhancing customer experience and developing targeted go-to-market strategies.
ControlMonkey’s funding round underscores the confidence of seasoned investors and tech leaders in the company’s potential. The participation of co-founders and executives from successful startups like DoiT, Granulate, and Coralogix highlights the transformative impact of ControlMonkey’s platform on cloud operations.
As cloud infrastructure becomes increasingly complex, ControlMonkey’s automation platform simplifies management, improves efficiency, and ensures compliance. By integrating AI and automation into cloud governance, the company is well-positioned to address the growing demand for robust cloud solutions across industries.
With its innovative platform and strong financial backing, ControlMonkey is set to redefine cloud automation, making it easier for organizations worldwide to harness the full potential of cloud technology.