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BetterCloud

BetterCloud

SaaSOps platform for managing SaaS applications

About

BetterCloud specializes in SaaSOps, focusing on optimizing and securing the digital workplace for organizations that use multiple Software-as-a-Service (SaaS) applications. Its platform offers tools for managing, monitoring, and securing these applications, which helps IT departments maintain control over their digital environments. BetterCloud's services include directory integration, file alerts, workflows, and privilege management, allowing IT professionals to automate routine tasks, enhance security, and ensure compliance with industry standards. Unlike many competitors, BetterCloud provides a comprehensive suite of tools tailored specifically for the needs of businesses that rely heavily on cloud-based software. The company's goal is to streamline operations for its clients, making it easier to manage their SaaS ecosystems effectively while continuously updating its platform to meet evolving client needs.

Company Stage

Series F

Employees

201-500

Industries

Enterprise Software, Cybersecurity

Total Funding

$186.8M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • BetterCloud's strategic acquisition of G2 Track and partnership with G2 enhances its capabilities and market reach.
  • The appointment of seasoned executives like Jesse Levin as CEO and Meric Turkoglu as CRO signals strong leadership poised to drive significant growth.
  • Continuous platform updates, such as the new Custom Attributes for Google Workspace and Workflow Manager enhancements, demonstrate a commitment to innovation and client satisfaction.

What critics are saying

  • The rapidly evolving SaaSOps market requires constant innovation to stay ahead, posing a challenge for sustained leadership.
  • Integration of acquired technologies and partnerships may present operational challenges and potential disruptions.

What makes BetterCloud unique

  • BetterCloud is a pioneer in the SaaSOps market, focusing exclusively on optimizing and securing digital workplaces, unlike broader IT management solutions.
  • Their platform's comprehensive suite of tools, including directory integration, file alerts, and privilege management, offers a one-stop solution for SaaS management, setting them apart from competitors.
  • Recognition as the sole leader by G2 across all 5 key SaaS Management categories underscores their market leadership and specialized expertise.

Benefits

Health & Wellness: Medical, Dental, and Vision benefits including HSA and FSA, along with Mental Health Days, and dedicated mental health resources through Spring Health

Financial Benefits: 401(K), Quarterly financial wellness support, Stock Options

Time Away: Generous PTO and Wellness Days

Distributed Work: Make your home office your own with a workspace stipend

Family Support: Parental Leave for all families, fertility benefits, and flexible spending account for dependent care

Community: Regular In person and remote events; Employee Resource Groups

New Hire Program: Cross-functional buddy to help you learn the ropes

Reward & Recognition: Monthly, quarterly, and annual awards recognizing employee impact and contributions

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