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ControlMonkey: The company offers an end-to-end automation platform that empowers cloud teams to achieve “Total Cloud Control with Terraform,” streamlining the provisioning, optimization, and governance of cloud resources. On January 15, 2025, ControlMonkey said it had completed a $7 million seed funding round, helping the company advance its mission of taming cloud complexity.
Company overviews
Headquartered in Tel Aviv, Israel, with a growing presence in New York, ControlMonkey addresses the escalating challenges of cloud infrastructure management faced by enterprises worldwide. By leveraging artificial intelligence and automation, the platform transforms existing cloud environments into production-grade, validated Terraform code, enabling organizations to achieve comprehensive Infrastructure-as-Code (IaC) coverage with a single click. This approach not only enhances operational efficiency but also ensures consistency and compliance across cloud deployments.
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Funding Details and Investor Insights
This $7 million seed funding round was led by lool ventures and Joule Ventures and also included Gaia Ventures, its founder Deepak Krishnamurthy, DoiT’s co-founders Vadim Solovey and Yoav Toussia-Cohen, Granulate’s CEO and co-founder Asaf Ezra, and Coralogix’s CEO and co-founder Ariel Assaraf, among others. Such an assortment of investors, with their various experiences and strategic value, helps strengthen confidence in the company’s vision and its technological capabilities.
ControlMonkey is truly revolutionary,” Maya Azoulay, partner at lool ventures, said about the investment. “In a market that spends more than $140 billion every year trying to tame cloud complexity, ControlMonkey is the only platform harnessing the power of AI to deliver Total Cloud Control—end-to-end, at any scale. Every enterprise and every industry needs their solution, so we’re thrilled to co-lead this round with Joule Ventures and help scale ControlMonkey’s impact.”
Objectives in the wake of funding
ControlMonkey intends to boost the development of its cloud governance tools upon the capital input:
- Advance the company’s platform to offer greater governance in enforcing robust control and compliance of enterprise setups over their clouds.
- Expand operations geographically in other regions and countries, especially in the US.
- Invest in Engineering and Customer Success: Stronger engineering teams will help deliver the needed innovation and boost the performance of the platform while improving customer success to ensure successful adoption by its clients.
- Advancing Go-to-Market: Strategic marketing and sales efforts for better market penetration and attracting more enterprise customers on board.
Technological Innovations
ControlMonkey is differentiated with several breakthrough technologies:
- AI-Driven Code Generation: Reverse-engineers existing cloud infrastructures into production-ready Terraform code. Organizations can, therefore, easily achieve 100% IaC coverage.
- Remediation Engine Continuously scan infrastructure code for issues such as configuration drift, security vulnerabilities, and cost inefficiencies to maximize performance and compliance.
Self-Service Quality Gate catalog of pre-defined blueprints enables teams to deploy new cloud environments immediately, accelerating deployment times without diminishing governance. - Infrastructure Disaster Recovery: Captures daily snapshots of cloud configurations, enabling quick restoration to any point in time and mitigating risks associated with critical failures or deletions.
Market Adoption and Growth
The complexity of cloud environments has been increasing, and enterprises are looking for more efficient and reliable solutions for infrastructure management. ControlMonkey’s platform has proven to be very valuable, as customers such as Intel, Square, Comcast, and NetApp have seen a 30% increase in productivity from their cloud teams, three times faster deployment times, and a 50% reduction in production tickets.
The platform is delivering end-to-end automation and governance, which aligns with organizations that seek to optimize cloud operations and minimize costs associated with them. Such costs are estimated to be over $140 billion per year, largely because of cloud complexity.
Read also: Digital Edge Secures Over $1.6 Billion to Accelerate Expansion in Asia
Leadership Perspective
The leadership in ControlMonkey is comprised of veterans who have proven track records in the cloud industry. Co-founder and CEO Aharon Twizer co-founded Spot.io, which was acquired by NetApp for $450 million in 2020. Co-founder and CTO Ori Yemini helped pioneer the groundbreaking technological developments at Spot.io as one of its founding engineers. Their combined expertise and vision have been instrumental in steering ControlMonkey to where it is today.
Twizer, “Today we are supercharging the Infrastructure Delivery Revolution. Like GitHub and JFrog changed the way to deliver software, ControlMonkey is changing the game for the cloud industry. We’re making infrastructure delivery as easy to manage as software. Our platform is redefining how cloud teams govern clouds at scale.
With the seed funding round being successful, ControlMonkey is well-positioned to expand its market presence and enhance the capabilities of its platform. The company’s focus on AI-driven automation and comprehensive cloud governance positions it to address the evolving needs of enterprises navigating the complexities of cloud infrastructure.
Summary
ControlMonkey, an artificial intelligence-based cloud automation platform focused exclusively on end-to-end Terraform automation, today announced that it has raised $7 million in a seed funding round co-led by lool ventures and Joule Ventures. The investment will support the development of ControlMonkey’s cloud governance tools and the expansion of its business globally. This included heavy investments in engineering, customer success, and go-to-market efforts.
