10 Hottest Cloud Computing Startups

Abstract cloud computing technology concept.

Cloud computing is enabling companies large and small to compete with each other by providing open access to computer system resources. This is especially true for data storage and computer computing power, and companies who take advantage of these resources will be positioned to succeed over the next few years.

Here are the top cloud computing startups you should watch out for and how they are using cloud computing to create a more even playing field for companies of any size.

Top Cloud Computing Companies

Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the most exciting cloud computing startups of 2024 that startup-lovers, investors, and aspiring entrepreneurs should follow. 

Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.

1. Privacera

  • Location: Newark, California
  • Founder(s): Balaji Ganesan, Don Bosco Durai
  • Founded In: 2016
  • Funding: Series B, $67.3 Million
  • Investors Include: Battery Ventures, Insight Partners, Sapphire Ventures 

Privacera is building the world’s first software-as-a-service (SaaS) data governance solution using the open cloud. It allows companies to have data access control, security, and privacy all in one convenient platform. You can still access your data from anywhere in the world but feel at ease with the added security and privacy measures. This platform ensures compliance with regulatory standards while still being available to an entire company.

2. Crusoe

  • Location: Denver, Colorado
  • Founder(s): Chase Lochmiller, Cully Cavness
  • Founded In: 2018
  • Funding: Series C, $908 Million
  • Investors Include: Allatus Ventures, Long Journey Ventures, Atreides Management 

Crusoe is taking on the overwhelming task of helping gas and oil companies reduce their CO2 usage and is doing so in an innovative way. The company creates mobile data centers that take the wasted energy from gas flaring operations and use it for good. The wasted energy is reapplied to cloud computing platforms to reduce their cost and power needs.

3. Amperity

  • Location: Seattle, Washington
  • Founder(s): Derek Slager, Kabir Shahani
  • Founded In: 2016
  • Funding: Series D, $178 Million
  • Investors Include: Calterra Capital, Foundation Capital, General Catalyst 

Information that can be gathered from customers gives companies the best options for how to increase sales and provide a more personalized experience. Amperity leverages artificial intelligence (AI), machine learning, and cloud computing to create comprehensive 360-degree customer profiles so companies can get more from the same customer.

4. Upbound

  • Location: Seattle, Washington 
  • Founder(s): Bassam Tabbara
  • Founded In: 2017
  • Funding: Series B, $77 Million
  • Investors Include: Altimeter Capital Management, Intel Capital, Telstra Ventures 

Upbound is a cloud infrastructure automation company that developed the open-source project Crossplane. The company offers a platform that allows organizations to build and manage their own internal cloud platforms, enabling consistent resource provisioning across multiple cloud providers. Upbound’s technology aims to simplify cloud-native application development and infrastructure management by providing a unified application programming interface (API) for cloud resources.

5. GrowthLoop

  • Location: San Francisco, California 
  • Founder(s): Chris Sell, David Joosten
  • Founded In: 2016
  • Funding: Private Equity Growth, $5 Million
  • Investors Include: The Jordan Company (TJC)

GrowthLoop offers a customer data platform (CDP) designed to help companies leverage their first-party data for marketing and growth initiatives. This platform integrates with various data sources to create a unified view of customer data, enabling marketers to build and activate audiences across multiple channels. GrowthLoop focuses on real-time data processing and machine learning to drive personalized marketing experiences and improve customer engagement.

6. Hyperproof

  • Location: Bellevue, Washington 
  • Founder(s): Craig Unger
  • Founded In: 2018
  • Funding: Private Equity Growth, $77.3 Million
  • Investors Include: Storm Ventures, Riverwood Capital, Toba Capital 

Hyperproof offers a compliance operations platform that helps organizations manage their compliance programs more efficiently. The company’s software streamlines the process of collecting evidence, tracking controls, and preparing for audits across various compliance frameworks and standards. Hyperproof’s solution aims to reduce the time and resources required for compliance management while improving visibility and reducing risk. 

7. Ori

  • Location: London, England
  • Founder(s): Mahdi Yahya, Simon Dowling, Melissa Doré
  • Founded In: 2018
  • Funding: Series A, $15.3 Million
  • Investors Include: Flucas Ventures, Silicon Roundabout Ventures, Cur8 Capital 

The role of cloud computing is to provide access to multiple resources for a variety of sectors, and Ori is making a name for itself among other startups. The company provides seamless access to computing resources that allow developers to create their own applications autonomously. Businesses are able to run cloud applications anywhere from the cloud to the edge on a single platform.

8. Checkly

  • Location: New York, New York 
  • Founder(s): Hannes Lenke, Timo Euteneuer, Tim Nolet
  • Founded In: 2017
  • Funding: Series B, $32.2 Million
  • Investors Include: Accel, Balderton Capital, CRV

Developers have a notoriously tough time trying to monitor code and systems by themselves, which is why Checkly is perfect. It uses cloud-based computing tools to give developers the control they need to set up, maintain, and scale their monitoring abilities. Developers will be able to automatically detect error traces, take screenshots, and have performance metrics at the tips of their fingers.

9. ADAXIS

  • Location: Bayonne, France
  • Founder(s): Emil Johansson, Henri Bernard, Guénolé Bras, Vasan Churchill
  • Founded In: 2021
  • Funding: Grant, $1.14 Million
  • Investors Include: Bpifrance, Newfund Management, EIT Manufacturing

ADAXIS is opening up the possibility of increasing revenue streams for any business that currently uses robots. Using cloud computing tools, ADAXIS can turn any client’s robot into a fully functioning 3D printing machine. Through the ADAXIS in-house workflow, robots can start producing 3D metals, plastics, and other materials with ease.

10. Operant 

  • Location: San Francisco, California 
  • Founder(s): Vrajesh Bhavsar, Priyanka Tembey, Ashley Roof
  • Founded In: 2020
  • Funding: Series A, $13.5 Million
  • Investors Include: Alumni Ventures, Calm Ventures, Gaingels

Operant is a cloud security company that specializes in securing containerized applications and cloud-native infrastructure. The company offers a platform that provides visibility, threat detection, and automated remediation for container environments across multiple cloud providers. Operant’s technology aims to help organizations address the unique security challenges of modern, distributed applications and ensure compliance with security standards in dynamic cloud environments.