Cloudcheckr
| Company type | Private (acquired) |
|---|---|
| Industry | Cloud management software |
| Founded | 2011 |
| Founders | Aaron Charles Newman, Aaron Klein |
| Headquarters | Rochester, New York, U.S. |
Key people | Tim McKinnon (CEO, from 2019); Aaron C. Newman (Executive Chairman) |
| Parent | NetApp (via Spot by NetApp) |
CloudCheckr is an American cloud management software company headquartered in Rochester, New York.[1][2] The company provides tools for cloud cost optimization, security, compliance, automation, and governance for organizations operating on public cloud services.[2]
History
CloudCheckr was founded in 2011 by Aaron C. Newman and Aaron Klein.[3] Newman, a serial entrepreneur, served as CEO during the company’s early years and later transitioned to executive chairman.[4][5]
The company expanded from Amazon Web Services (AWS) support to a multi-cloud platform incorporating Microsoft Azure, Google Cloud, and others.[6] In June 2019, CloudCheckr appointed Tim McKinnon as CEO, while Newman became executive chairman.[7][5]
In October 2021, NetApp announced its acquisition of CloudCheckr, integrating the product into its Spot by NetApp CloudOps portfolio.[8][9][10]
Funding
The company raised approximately US$50 million in a 2017 Series A round led by Level Equity, followed by a US$15 million Series B round in 2019.[8][11]
In 2021, CloudCheckr reportedly had about 600 customers and around US$29 million in annual revenue, with a staff of roughly 150.[9]
Acquisition by NetApp
NetApp’s 2021 acquisition of CloudCheckr was part of its broader strategy to expand FinOps capabilities and cloud resource optimization.[8] Industry analysts noted that the combination of CloudCheckr’s cost visibility and Spot’s automation offered enterprises a more comprehensive FinOps solution.[12]
Philanthropy
Co-founder Aaron Newman has contributed to educational and STEM programs, including establishing a US$25,000 endowed STEM scholarship at Monroe Community College.[13]
References
- ^ Ericson, Paul (2021-10-05). "CloudCheckr to be acquired by Fortune 500 firm". Rochester Beacon. Retrieved 2025-11-19.
- ^ a b Fanelli, Gino (2019-05-16). "Climbing the startup mountain with Aaron Newman". Rochester Business Journal. Retrieved 2025-11-19.
- ^ Clausen, Todd. "CloudCheckr grows at Village Gate and in the 'cloud'". Democrat and Chronicle. Retrieved 2025-11-26.
- ^ "Advice From a Founder: Q&A with CloudCheckr's Aaron Newman | AWS Startups Blog". aws.amazon.com. 2014-07-22. Retrieved 2025-11-19.
- ^ a b Clausen, Todd. "CloudCheckr grows at Village Gate and in the 'cloud'". Democrat and Chronicle. Retrieved 2025-11-19.
- ^ Muthusamy, Arunprabhu (2023-03-27). "What does CloudCheckr offer for Azure Cost Optimization?". Turbo360. Retrieved 2025-11-19.
- ^ Mellor, Chris (2021-10-04). "NetApp buys CloudCheckr so its customers can control cloud costs better". Blocks and Files. Retrieved 2025-11-26.
- ^ a b c "NetApp buys CloudCheckr so its customers can control cloud costs better". Blocks & Files. October 4, 2021.
- ^ a b "NetApp sells Spot and CloudCheckr to cloud cost control company Flexera". SiliconANGLE. 2025-01-15. Retrieved 2025-11-19.
- ^ "Flexera to scoop up parts of NetApp's portfolio". Techzine Global. 2025-01-15. Retrieved 2025-11-26.
- ^ Falconer, Kirk (2017-05-26). "Mistral Venture Partners II raises most of $35 mln target, invests in Blue J Legal". Venture Capital Journal. Retrieved 2025-11-19.
- ^ "Market Alert: NetApp Agrees to Acquire CloudCheckr". Amalgam Insights. October 5, 2021.
- ^ "Activity Report June 1, 2018 through August 31, 2018" (PDF). Monroe Community College.