CoreStack, a comprehensive multi-cloud governance and automation platform spanning CNAPP, SecOps, FinOps, and CloudOps, today announced that it has secured a $50 million growth financing, with the potential for additional capital from Post Road Group, an alternative investment advisory firm specializing in digital infrastructure, telecommunications, media, software and business services industries.
The transaction includes $50 million of funded debt to optimize CoreStack’s capital structure and the potential for meaningful additional capacity to support product innovation, accelerated market expansion, and pursuit of inorganic growth opportunities, while maintaining operational agility and control.
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In recent years, CoreStack has achieved 30%+ YoY ARR growth, expanded its customer base to more than 780 organizations globally, and processed billions of dollars in managed cloud spend. The platform now enforces compliance across 2,000+ industry standards and supports environments spanning AWS, Azure, Google Cloud, Oracle, hybrid, edge, and private clouds.
Recent milestones include:
- Launch of new Agentic AI-powered capabilities across FinOps+ and Graphion CNAPP products.
- Addition of marquee enterprise and government customers, increasing average deal size and expansion ARR.
- Helping enterprises reduce cloud waste by up to 40%, improving compliance posture by 50%, and blocking thousands of potential cybersecurity threats.
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