Liberty Lake Cloud, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Liberty Lake Cloud, Inc. - overview

Established

2018

Location

Liberty Lake, WA, US

Primary Industry

Software

About

Liberty Lake Cloud, Inc. is a technology firm specializing in optimizing multi-cloud IT environments for enterprises, providing essential tools to manage cloud expenditures effectively. Founded in 2018, Liberty Lake Cloud, Inc. operates from its headquarters in Liberty Lake, Washington, US.


The company focuses on cloud management and optimization solutions, having completed three investment deals with the most recent in September 2022. The firm was co-founded by Katie Laas and Michael Brown, with Kris Bliesner currently serving as CEO. Vega Cloud provides a comprehensive suite of products aimed at enhancing multi-cloud IT environments for enterprises and managed service providers. Key offerings include Vega Inform for cloud usage visibility, Vega Optimize for actionable cost reduction strategies, and Vega Operate for seamless operational improvement.


These solutions address challenges such as excessive cloud spending and billing errors, supported by advanced technology and FinOps capabilities. The products cater to various sectors, with a primary focus on North America and Europe. Vega Cloud operates on a subscription-based revenue model, allowing clients to utilize cloud management and optimization tools through annual or monthly fees, contingent upon selected services and support levels. Clients, including large enterprises and managed service providers, leverage Vega Cloud’s offerings to gain financial control over cloud expenditures.


Additionally, customers may choose Enterprise Agreement Support (EAS) to navigate cloud provider negotiations and manage discounts effectively. In September 2022, Liberty Lake Cloud, Inc. secured an undisclosed amount of funding co-led by Album VC and Sun Mountain Capital, part of a larger USD 9 million equity and debt funding round. This capital will be allocated towards the development of new product offerings and expansion initiatives.


The company aims to enhance its current suite of products while exploring new markets to further establish its presence in additional regions.


Current Investors

Tapas Capital, Alliance of Angels, Sun Mountain Capital

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Storage Management Software

Website

www.vegacloud.io

Verticals

Cloud Computing

Total Amount Raised

Subscriber access only

Liberty Lake Cloud, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Liberty Lake Cloud, Inc. - key contacts

NamePositionStart DateEnd DateVcardBio 
Board Director (and EVP Sales & Marketing from 9/2013 - 10/2014)BM

BM Board Member

Want to see more?

Request a demo for full access to this profile

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.