Overview

Resourcely provides tools and services to enhance cloud security and management, specifically targeting the issue of misconfiguration, which causes 99% of cloud breaches. Their platform offers a suite of software-as-a-service (SaaS) solutions that help businesses, particularly those in tech and finance, secure their cloud environments while maintaining productivity. Clients subscribe to access features like secure cloud resource provisioning, compliance management, and real-time security monitoring. Resourcely differentiates itself by focusing on automation and compliance, ensuring that organizations can protect sensitive data without hindering their development teams. The company's goal is to simplify cloud security and management for businesses, making it easier for them to operate securely in the cloud.

Simplify's Take

What believers are saying

• Growing demand for IaC practices boosts need for Resourcely's security tools.
• Increasing regulatory requirements drive demand for automated compliance solutions.
• Multi-cloud strategies create opportunities for unified security solutions like Resourcely.

What critics are saying

• Competition from established companies like Palo Alto Networks threatens market share.
• Rapid cloud technology evolution may outpace Resourcely's platform updates.
• Economic downturns could reduce IT budgets, affecting subscription renewals.

What makes Resourcely unique

• Resourcely offers secure and compliant resource templates by design.
• Focuses on automating cloud security to prevent misconfigurations, a major breach cause.
• Provides real-time security monitoring and compliance management for cloud infrastructures.

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Funding

Total Funding

$8M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

Andreessen Horowitz

Notable Investors:

Andreessen Horowitz

$8,000,000

Seed

Jul 2022

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Above Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$8M