Mat Ellis' (Du. 1984-89) startup business Cloudability has announced an agreement to be acquired by Apptio.
Mat Ellis founded Cloudability in 2011 with co-founder JR Storment, and since then has become the market leader in multi-cloud financial management and FinOps, serving hundreds of customers around the globe.
“Apptio and Cloudability have long shared a dedication and passion for helping customers navigate disruptive change with powerful technology,” said Mat Ellis, Founder and CEO of Cloudability. “Cloudability was built to bring Finance and DevOps together to ensure that the purchase and planning of cloud resources matches utilization, so no dollar is wasted. Now with Apptio, we’re poised to offer the market’s most mature and powerful platform for cloud migration/modernization, optimization, and agility.”