Vega Cloud

Deal Snapshot

Company: Vega Cloud, Inc.

Website: vegacloud.io

Sector / Category: Cloud infrastructure management / Multi-cloud automation and optimization (FinOps + operations)

Headquarters: Liberty Lake, Washington, USA

Founded: 2018

Investor: Frazier VC

Investment Vehicle: Fund IV

Deal Type: Primary

Company Overview

Vega Cloud is a cloud management platform designed to help organizations connect, manage, automate, and optimize multi-cloud environments from a single console. The platform includes products focused on visibility into cloud spend and usage, optimization actions to reduce costs, and operational automation across major cloud providers.

Public Funding / Capital Events

Sep 29, 2022 — $9M raised (equity + debt)

Vega Cloud announced it completed a $9 million funding round to support cloud optimization automation efforts.

Investment Summary

Frazier VC Fund IV made a primary investment in Vega Cloud, Inc. in November 2024. The investment reflects conviction in the company’s opportunity to help enterprises and service providers improve cloud visibility, reduce waste, and automate operational workflows across increasingly complex multi-cloud environments.

Why We Invested

Frazier VC invested in Vega Cloud because we believe cloud cost management and automation remain durable priorities as organizations scale cloud usage and face increasing complexity across providers. Vega Cloud’s software-driven platform is designed to scale efficiently, with workflow depth that can become embedded in day-to-day infrastructure and FinOps operations. We also value differentiation through unified visibility and automation capabilities that reduce manual effort and improve accountability across cloud spend and operations.

Other Investors

Mind to Market

SWAN Venture Fund

Album VC

Aleka Capital