Joseph Rai
By Joseph
CoreStack raises $30 million Series B led by Avatar Growth Capital; Avatar MD Abhay Havaldar joins board
CoreStack, a cloud governance and compliance SaaS startup founded in 2016, raised $30 million in a Series B round led by Avatar Growth Capital to accelerate growth, innovation, and market expansion. Existing investors including Dallas Venture Capital and Iron Pillar participated, and Avatar MD Abhay Havaldar will join CoreStack's board.
Iron Pillar invests $4M from second fund into Seattle-Chennai cloud governance SaaS CoreStack
Iron Pillar made its first investment from Fund II, putting $4 million into cloud governance SaaS startup CoreStack, which is based in Seattle with a development centre in Chennai and has grown rapidly with enterprise clients across the US, Europe and India.