Cloudability lands $1.1M venture round
Cloudability, a Portland startup providing software to help manage cloud computing spending, on Thursday announced a $1.1 million investment round.
Though the seed round was led by a pair of Bay Area venture capital firms — Trinity Ventures of Palo Alto, Calif., and Walden Venture Capital of San Francisco — around half of the funds came from a collection of angels, including $255,000 from Portland investors.
“What we had heard over and over is you can’t raise a lot of money in Portland and have to go out of town for it,” said J.R. Storment, one of the company’s founders. “It’s been a really cool experience to get deeper into the community and have some of these people just go out for us.”…