CloudKeeper Acquires WiseOps In Equity And Cash Deal

WiseOps, a platform specialising in Amazon Web Services (AWS) cost and usage optimisation, gets acquired by CloudKeeper, a provider of cloud cost optimisation services. 

The acquisition was completed for an undisclosed amount in a mix of equity and cash, making it a milestone in WiseOps’ mission to enhance cloud cost management for businesses around the world, stated company.

The company in a press release stated that it had previously secured an undisclosed pre-seed investment from CORE91.VC in December 2023. With a growing customer base of 50 clients, the company has achieved over USD 1 lakh in revenue till date.

Ronak Goyal, Co-founder of WiseOps commented on the developemnt, “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.”

Deepak Mittal, co-founder and CEO of CloudKeeper also commented and  said WiseOps was the missing piece of the puzzle. He added, "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.”

The press release further said that this acquisition is imperative in the future landscape of cloud optimization, as WiseOps and CloudKeeper, forces are combined to drive a new frontier of cost efficiency in business across the world and claimed that this assures, together, unmatched value and innovation will be delivered in cloud cost management.