Fundraising Fox

BetterCloud

New York, US · Founded 2012 · Delaware corporation · 9 known investors

bettercloud.com ↗

BetterCloud is a SaaS management platform for IT teams that automates user lifecycle processes, access management, and security policies across multiple SaaS applications. The platform enables customers to reduce manual SaaS management work while maintaining centralized data protection and threat prevention.

Cloud ComputingCybersecurityEnterprise SoftwareSaaSin /bettercloud

Founders & leadership

DP
David PolitisExecutive Officer, Director, Promoter
DA
David AranoffDirector
JT
Jonathan T. HallettExecutive Officer, Director
MC
Michael CoteDirector
BH
Bart HackingExecutive Officer

Investors · 9

AccelPalo Alto · $1.6M – $70Mvia Arun Mathew · board
BLH Venture Partners, LLCAtlanta · $250K
Flybridge Capital PartnersNew York · $250K – $10Mvia David Aronoff · board
GreycroftNew York · $500K – $10M
Millennium Technology Value PartnersBelgrade
Tribeca Venture PartnersNew York · $1M – $15M
Bain Capital VenturesreportedBoston · $1M – $100Mvia Enrique Salem · board
Greycroft PartnersreportedNew York
Warburg PincusreportedNew York

Reported raises · per SEC filings

Form D private placements
▶$75MraisedMay 2020 · 21 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rixson Bartley HackingExecutive Officer
  • Enrique SalemDirector
  • David PolitisExecutive Officer, Director
  • David AronoffDirector
  • Arun MathewDirector
  • Jonathan HalletExecutive Officer, Director
  • Brian ChangDirector
Offering amount
$75M
Amount sold
$75M
First sale
May 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$59.9MraisedApr 2018 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David PolitisExecutive Officer, Director
  • Arun MathewDirector
  • David AronoffDirector
  • Jonathan T HallettExecutive Officer, Director
  • Enrique SalemDirector
Offering amount
$59.9M
Amount sold
$59.9M
First sale
Mar 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$76.8KraisedJan 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bart HackingExecutive Officer
  • David AronoffDirector
  • Michael R CoteDirector
  • David PolitisExecutive Officer, Director
  • Jonathan T HallettExecutive Officer, Director
Offering amount
$76.8K
Amount sold
$76.8K
First sale
Jan 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$25MraisedMar 2015 · 21 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David PolitisExecutive Officer, Director, Promoter
  • David AranoffDirector
  • Jonathan T. HallettExecutive Officer, Director
  • Michael CoteDirector
  • Bart HackingExecutive Officer
Offering amount
$25M
Amount sold
$25M
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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