CloudKeeper acquires WiseOps to enhance cloud cost optimization offerings

CloudKeeper, a company providing comprehensive cloud cost optimization services, recently acquired WiseOps, a pioneering platform specializing in AWS cost and usage optimization.

While the company didn't disclose the financial terms of the deal, the acquisition was completed in a mix of equity and cash.

In December last year, the company raised an undisclosed amount in a pre-seed funding round from CORE91.VC. It claims to have a customer base of 50 clients and has achieved over $100,000 in revenue till date.

What does WiseOps do?

WiseOps is known for AI-driven recommendations and automated optimizations, empowering teams to significantly reduce cloud spending without compromising performance or workflow efficiency. 

By integrating WiseOps' intelligent tools into CloudKeeper’s robust ecosystem, clients can now access an end-to-end cloud optimization solution that promises enhanced savings and workflow efficiency.

Leadership comments

Ronak Goyal, Co-founder of WiseOps, said, “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.”

Praneet Chandra, Co-founder of WiseOps, said, “Fifteen months ago, Ronak and I founded WiseOps in response to companies struggling with rising costs and cloud infrastructure challenges, leading to layoffs. Our journey began with our first customer, where we reduced their cloud bill by 50%.”

“WiseOps was the missing piece of the puzzle,” said Deepak Mittal, co-founder and CEO of CloudKeeper.

"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," Mittal added.