
Aquila clouds
AI-powered multi-cloud financial and billing management platform.
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Aquila Clouds, founded in 2018 by Suchit Kaura and headquartered in San Ramon, California, offers a cloud financial management platform. The company was established to address the complexities and rising costs associated with cloud and AI technologies, aiming to provide better observability and governance over cloud resources. The leadership team, which includes co-founders CEO Suchit Kaura and CPO Desmond Chan, has extensive experience from companies like VMware, Oracle, and Symantec.
The company's core offerings are its FinOps and BillOps products. The FinOps platform is designed for enterprises and provides visibility, cost optimization, and governance for multi-cloud environments, including AWS, Azure, GCP, and Oracle Cloud. It utilizes AI and machine learning for continuous monitoring and optimization, helping to identify and eliminate wasted cloud spending through features like resource rightsizing and anomaly detection. The BillOps product caters to Managed Service Providers (MSPs) and cloud resellers by automating complex multi-cloud billing and invoicing. It allows for customized pricing rules, markups, and discounts, streamlining the entire revenue cycle for these service providers.
Aquila Clouds operates on a subscription-based business model, with pricing based on contract duration and terms. It serves a diverse client base, from enterprises and fintech companies to cloud resellers and system integrators. The platform addresses the critical challenge of managing significant cloud expenditures, with some studies showing over 30% of cloud spending is wasted. By providing a unified platform that integrates both financial operations and billing automation, Aquila Clouds helps organizations reduce cloud spend by an average of 15-20% while improving financial forecasting.
Keywords: cloud financial management, FinOps, BillOps, multi-cloud cost optimization, cloud billing automation, AI-powered cloud management, cloud cost governance, infrastructure as a service, spend management, resource optimization, cloud observability, managed service providers, cloud resellers, AWS, Azure, GCP, cost allocation, showback, chargeback, cloud security management