UpBound

UpBound

Cloud-based solutions for infrastructure management

About

Upbound provides cloud-based solutions designed to help businesses streamline their operations and manage their cloud infrastructure more effectively. Their services include managed control planes that enable platform teams to scale resources confidently and maintain centralized control over various cloud service providers and tools. A standout feature is the auto-scaling capability, which adjusts resources automatically for platforms with over 1,000 Custom Resource Definitions (CRDs), ensuring optimal performance. Additionally, Upbound offers Upbound Spaces, allowing organizations to deploy managed control planes in their own environments, which is beneficial for compliance with data privacy regulations. The company operates on a subscription-based model, generating recurring revenue while helping clients innovate rapidly and manage their application portfolios more efficiently.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$67.1M

Headquarters

Seattle, Washington

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased Kubernetes adoption boosts demand for Upbound's control plane solutions.
  • Multi-cloud strategies create opportunities for Upbound's centralized control solutions.
  • Platform engineering rise aligns with Upbound's self-service and automation tools.

What critics are saying

  • Brand confusion with rent-to-own firm Upbound involved in legal issues.
  • Increased competition in cloud-native platforms may dilute Upbound's market share.
  • Rapid tech advancements may outpace Upbound's offerings, requiring continuous innovation.

What makes UpBound unique

  • Upbound offers managed control planes powered by Crossplane, enhancing cloud infrastructure management.
  • Upbound Spaces allows deployment of managed control planes in private environments for compliance.
  • Auto-scaling feature supports platforms with over 1,000 Custom Resource Definitions efficiently.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-3%

2 year growth

-1%

Benefits

Equity

Health care benefits

401k plan

Work from anywhere

Flexible hours & PTO

Home office stipend

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