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Summary*

CloudCheckr, founded in 2011 and headquartered in Rochester, New York, is a leading provider of enterprise solutions for cloud deployment management, governance, and security. The company's platform enables users to analyze cloud deployments, track resources, ensure availability, control costs, maintain security, and predict future needs. Since its inception, CloudCheckr has raised a total of $67.4 million in funding, demonstrating significant investor interest in its innovative technology.

On October 4th, 2021, CloudCheckr was acquired by NetApp, a major player in the cloud data services and data management industry. The terms of the acquisition were not disclosed, but this strategic move likely strengthened CloudCheckr's market position and expanded its capabilities within the cloud management sector.

Given the company's acquisition by NetApp, there are currently no public plans or rumors regarding a potential IPO for CloudCheckr. As a subsidiary of a larger, publicly-traded company, CloudCheckr's future in the public markets is likely to be tied to NetApp's overall strategy and performance. Investors interested in gaining exposure to CloudCheckr's technology and market potential may consider exploring investment opportunities in NetApp (NASDAQ: NTAP) as an alternative.

It's important to note that the cloud management and security market continues to grow rapidly, driven by increasing adoption of cloud technologies across various industries. While CloudCheckr's individual IPO prospects are no longer relevant due to its acquisition, the company's innovative solutions continue to play a crucial role in the evolving cloud ecosystem under NetApp's umbrella.

How to invest in CloudCheckr

While CloudCheckr's IPO prospects remain uncertain, investors interested in the cloud management and optimization sector don't have to wait on the sidelines. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like CloudCheckr, with lower minimum investments than traditional private equity channels. This allows you to diversify your portfolio and potentially benefit from the growth of innovative companies in the cloud technology space.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.