CoreStack Closes $30 Million Series B Financing Round Led by Avatar Growth Capital
CoreStack, a global multi-cloud governance SaaS provider, has announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. This brings CoreStack’s total funding to $45 million, following its Series A in March 2020. Avatar Growth Capital Managing Director Abhay Havaldar will join CoreStack’s Board of Directors, upon required legal clearances. “CoreStack’s unique and innovative end-to-end cloud governance platform is a trail-blazer in the industry. We are thrilled that we can further expand and innovate, thanks to the new partnership with Avatar Growth Capital, as well as the continued support of our existing investors.