UpBound

UpBound

Cloud-based solutions for infrastructure management

About

Upbound.io 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 as needed, ensuring optimal performance. A key feature is the ability to auto-scale control planes to support platforms with over 1,000 Custom Resource Definitions (CRDs), allowing for automatic adjustments based on demand. Upbound also offers Upbound Spaces, which lets organizations deploy managed control planes in their own environments, catering to data privacy regulations. Unlike many competitors, Upbound focuses on simplifying the management of various cloud services and tools through centralized control. The company's goal is to empower businesses to innovate rapidly while maintaining efficient infrastructure management.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$67.1M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Upbound's recent 3x sales growth and high-profile clients like Deutsche Kreditbank and Gameloft indicate strong market traction and growth potential.
  • The launch of Upbound Spaces and self-hosted control planes offers businesses greater flexibility and control over their cloud environments.
  • Achieving SOC 2 Type II compliance and establishing a Trust Center for vulnerability disclosures enhances Upbound's credibility and security posture.

What critics are saying

  • The competitive cloud computing market requires Upbound to continuously innovate to maintain its edge.
  • Dependence on the open-source Crossplane project could pose risks if the project faces any setbacks or changes in direction.

What makes UpBound unique

  • Upbound.io's unique ability to auto-scale control planes for platforms with over 1,000 Custom Resource Definitions (CRDs) sets it apart from competitors.
  • The introduction of Upbound Spaces allows organizations to deploy managed control planes in their own environments, addressing data privacy compliance needs.
  • Upbound's integration with the open-source Crossplane project provides a unified managed experience, enhancing its appeal to enterprises looking for scalable cloud-native solutions.

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Growth & Insights
Headcount

6 month growth

-14%

1 year growth

-15%

2 year growth

-4%

Benefits

Equity

Health care benefits

401k plan

Work from anywhere

Flexible hours & PTO

Home office stipend

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