Cloud Computing Startup Funding

In our updated market reports, you will find everything you need
SUMMARY
This report analyzes publicly disclosed equity rounds raised by pure-play cloud computing companies between August 2025 and July 2026, a 12 months window covering every geography. We only kept rounds of $300K or more, and included companies focused on cloud infrastructure, cloud operations, cloud storage, cloud databases, cloud security, deployment, observability, or cloud management.
Over this period, fundraising in the cloud computing market was large in dollar terms but narrow in breadth. The dataset includes 24 disclosed deals, 24 unique companies, and $4.67B raised.
Capital in the cloud computing market is highly concentrated. The top deal alone represents 29.42% of total capital, the top 3 deals reach 59.37%, and the top 10 reach 92.04%.
The median round size was $38.5M, while the average round size was $194.75M. This gap shows that a few very large infrastructure rounds reshaped the headline market.
Deal flow averaged 2.0 rounds per month, with a median of 1.0 deal per month. June 2026 had the most deals, while October 2025 had the most capital.
Infrastructure as a Service led the cloud computing market by capital raised, with $2.06B and 44.16% of disclosed funding. Cloud Databases followed with $1.50B and 32.09%.
Cloud Management Services tied Infrastructure as a Service for deal count, with 6 deals each. But Cloud Management Services captured only 2.01% of capital, showing a clear gap between activity and check size.
The cloud computing market was overwhelmingly late-stage by capital. Series B and later rounds represented 90.22% of disclosed dollars, while Seed and Series A together represented 9.78%.
North America dominated the dataset, with 20 deals and $4.52B raised. That equals 83.33% of disclosed deals and 96.75% of disclosed capital.
The strongest repeat investors clustered around AI infrastructure, cloud databases, and cloud security. NVIDIA, Bessemer Venture Partners, Sequoia, Lightspeed, Accel, and Samsung Next appeared across multiple disclosed rounds.
What are all the funding deals in the cloud computing market from August 2025 to July 2026?
The table below lists every disclosed equity round raised by pure-play cloud computing companies between August 2025 and July 2026. We count as pure-play cloud computing companies those focused on on-demand computing, storage, software, and platform services delivered over the internet.
| Company | What they do | Category | Date | Stage | Deal size | Region | Main investors | Source |
|---|---|---|---|---|---|---|---|---|
| Databricks | Cloud data and AI platform for lakehouse, data engineering, analytics, governance, and AI infrastructure | Cloud Databases | Aug 2025 | Series D+ | $1,000M | North America | Not specified in dataset | Databricks |
| Supabase | Cloud Postgres development platform with database, authentication, storage, edge functions, and backend services | Cloud Databases | Oct 2025 | Series D+ | $100M | North America | Accel; Peak XV | PR Newswire |
| Tigris | Distributed cloud object storage for localized, low-latency, globally distributed application workloads | Cloud Storage | Oct 2025 | Series B | $25M | North America | Not specified in dataset | TechCrunch |
| Crusoe | AI cloud infrastructure and large-scale data centers, including Crusoe Cloud for GPU compute workloads | Infrastructure as a Service | Oct 2025 | Series D+ | $1,375M | North America | NVIDIA | Crusoe |
| Fireworks AI | AI inference cloud for deploying and serving production AI applications through managed model APIs | Platform as a Service | Oct 2025 | Series C | $250M | North America | NVIDIA; Sequoia Capital | Business Wire |
| Eon | Cloud backup and storage platform that turns backup data into searchable, AI-ready enterprise data | Cloud Storage | Dec 2025 | Series D+ | $300M | North America | Sequoia Capital; Lightspeed Venture Partners | Eon |
| Echo | Secure AI-native cloud software infrastructure that hardens container images and reduces open-source vulnerabilities | Cloud Security | Dec 2025 | Series A | $35M | Middle East | Not specified in dataset | PR Newswire |
| Aikido Security | Unified application, code, cloud, and runtime security platform for software and cloud engineering teams | Cloud Security | Jan 2026 | Series B | $60M | Europe | Not specified in dataset | SiliconANGLE |
| ClickHouse | Cloud-native real-time analytics database, data warehouse, observability, and AI data infrastructure platform | Cloud Databases | Jan 2026 | Series D+ | $400M | North America | Bessemer Venture Partners; Accel | ClickHouse |
| Upwind | Runtime-first cloud security for workloads, Kubernetes, containers, vulnerabilities, identities, and infrastructure risk | Cloud Security | Jan 2026 | Series B | $250M | North America | Bessemer Venture Partners; Salesforce Ventures | Business Wire |
| Adaptive6 | AI-based cloud cost governance and infrastructure optimization for reducing waste in enterprise cloud environments | Cloud Management Services | Jan 2026 | Series A | $28M | Middle East | Not specified in dataset | Calcalist |
| RapidFort | Automated software supply-chain defense for cloud-native applications, containers, and runtime environments | Cloud Security | Feb 2026 | Series A | $42M | North America | Blue Cloud Ventures; Forgepoint Capital | Business Wire |
| Sedai | Autonomous cloud management software that optimizes performance, cost, and reliability across cloud environments | Cloud Management Services | Mar 2026 | Series A | $15M | North America | Not specified in dataset | Sedai |
| Knox Systems | AI-managed federal cloud infrastructure and compliance automation for FedRAMP-ready cloud environments | Cloud Management Services | Mar 2026 | Series A | $25M | North America | Not specified in dataset | Knox Systems |
| Starcloud | Space-based cloud data centers for AI compute workloads using orbital solar power and satellite infrastructure | Infrastructure as a Service | Mar 2026 | Series A | $170M | North America | Benchmark; EQT Ventures | Business Wire |
| Kestra | Open-source orchestration platform for data, AI, infrastructure, and business workflows across cloud environments | Platform as a Service | Mar 2026 | Series A | $25M | North America | Not specified in dataset | PR Newswire |
| Parasail | AI supercloud that abstracts fragmented GPU supply for AI inference and training workloads | Infrastructure as a Service | Apr 2026 | Series A | $32M | North America | Samsung Next | PR Newswire |
| DeepInfra | AI inference cloud for serving open-source models and scaling production inference infrastructure | Infrastructure as a Service | May 2026 | Series B | $107M | North America | NVIDIA; Samsung Next | DeepInfra |
| StratusGrid | Cloud infrastructure optimization services and software for visibility, cost control, and operational outcomes | Cloud Management Services | Jun 2026 | Seed | $3M | North America | Not specified in dataset | PR Newswire |
| Arpio | AI-native cloud recovery and resilience automation for protecting cloud environments from outages and disruptions | Cloud Management Services | Jun 2026 | Series A | $15M | North America | Not specified in dataset | Arpio |
| Aryon Security | Cloud security enforcement platform for preventive control, exposure reduction, and runtime cloud security | Cloud Security | Jun 2026 | Series A | $29M | Middle East | Not specified in dataset | Yahoo Finance |
| TensorWave | AMD-powered AI cloud for high-performance GPU compute, training, and memory-intensive AI workloads | Infrastructure as a Service | Jun 2026 | Series B | $350M | North America | NVIDIA; Maverick Silicon | TensorWave |
| Dapple | Enterprise OS Cloud for dedicated, governed, single-tenant AI infrastructure deployments | Infrastructure as a Service | Jun 2026 | Seed | $30M | North America | Not specified in dataset | FinSMEs |
| Sazabi | AI-native observability platform for monitoring, debugging, and resolving production issues in cloud software | Cloud Management Services | Jun 2026 | Seed | $8M | North America | Not specified in dataset | PR Newswire |
OUR METHODOLOGY TO BUILD THIS TRACKER
We built this cloud computing funding tracker by reviewing every publicly disclosed equity round raised by pure-play cloud computing companies between August 2025 and July 2026. A company counts as pure-play when more than 80% of its activity is dedicated to cloud infrastructure, cloud operations, cloud storage, cloud databases, cloud security, deployment, observability, or cloud management.
We applied four filters to build the dataset. First, we only included equity rounds, so grants, debt-only facilities, acquisitions, and public-company transactions are excluded. Second, we only counted rounds of $300K or more. Third, we only kept pure-play cloud computing companies. And fourth, every entry had to be confirmed by a direct company announcement, a press release, or a tier-1 media report, with the source URL preserved for every row.
The final dataset contains 24 disclosed deals across 24 unique companies, and every average, median, share, and concentration ratio is computed on that disclosed sample. We also excluded mixed debt and equity rounds where the equity-only amount was not disclosed clearly enough, because including them would have distorted every dollar-based metric in the cloud computing market.
How active has fundraising been in the cloud computing market?
As of July 2026, fundraising in the cloud computing market has been active in capital terms but moderate in deal volume. Over the past 12 months, companies raised 24 disclosed equity rounds and $4.67B combined, which works out to 2.0 deals per month.
The deal count shows a steady but not crowded market. The median month had only 1 deal, and three months in the window had no qualifying disclosed round at all.
Dollars were much more volatile than deal counts. October 2025 produced $1.75B from 4 deals, while June 2026 produced 6 deals but only $435M.
This means the cloud computing market should not be read through monthly averages alone. The average monthly capital raised was $389.5M, but the median month was only $171M.
How concentrated has fundraising been in the cloud computing market?
As of July 2026, fundraising in the cloud computing market has been very concentrated at the top. Over the past 12 months, the largest deal represented 29.42% of capital, the top 3 reached 59.37%, and the top 5 reached 73.28%.
The Crusoe Series E was the largest round in the dataset at $1.38B. It alone was larger than the combined capital raised by Cloud Security, Cloud Storage, Platform as a Service, and Cloud Management Services.
The top 10 deals captured 92.04% of all disclosed cloud computing capital. That means most smaller rounds added useful breadth, but they did not materially change the market’s dollar signal.
This concentration changes how the dataset should be read. Aggregate funding is mostly a story about infrastructure-scale winners, not a broad uniform rise across every cloud computing category.
How much of the cloud computing funding signal is driven by outliers?
As of July 2026, much of the cloud computing funding signal is driven by outliers. Over the past 12 months, 11 of 24 disclosed deals were above $50M, and 9 were above $100M.
The outlier effect is clear in the average and median. The average round size was $194.75M, while the median was only $38.5M, meaning a few large rounds pulled the market upward.
Removing rounds above $50M leaves just $312M of disclosed capital. That is only 6.68% of the total, which shows how dependent the headline figure is on megarounds.
The lesson is simple: the cloud computing market looks much larger when measured by total dollars than when measured by typical company fundraising. The “average” deal is not a reliable description of the median cloud startup.
Is the cloud computing market broad with many targets, or narrow with few fundable companies?
As of July 2026, the cloud computing market looks narrow in public equity funding terms. Over the past 12 months, the dataset includes 24 deals across 24 unique companies, with no company appearing twice inside the window.
That does not mean there are few cloud companies overall. It means publicly disclosed, equity-only, pure-play cloud computing rounds above $300K were concentrated in a small verified sample.
The market is also narrow by category when measured by dollars. Infrastructure as a Service and Cloud Databases together captured 76.25% of disclosed capital from only 9 deals.
The broader activity is in smaller control-plane categories. Cloud Security and Cloud Management Services together produced 11 deals, but they captured only 10.91% of total capital.
Is cloud computing mostly an early-stage formation market or a late-stage scaling market?
As of July 2026, the cloud computing market is mostly a late-stage scaling market by capital. Over the past 12 months, Series B and later rounds represented $4.22B, or 90.22% of disclosed funding.
Early-stage rounds were common by count but small by dollars. Seed and Series A represented 13 of 24 deals, but only $457M, or 9.78% of capital.
Series D+ was the dominant stage by funding. It accounted for 5 deals and $3.18B, equal to 67.93% of all disclosed capital in the cloud computing market.
Series A had the highest deal count, with 10 deals, but an average size of $41.6M. That makes Series A the formation layer, while later rounds define the funding headline.
Which categories attract the most investor attention in cloud computing?
As of July 2026, Infrastructure as a Service and Cloud Management Services attracted the most investor attention by deal count. Over the past 12 months, each category produced 6 disclosed deals, or 25.00% of total activity.
The two categories mean very different things. Infrastructure as a Service raised $2.06B, while Cloud Management Services raised only $94M.
Cloud Security was also active, with 5 deals and $416M raised. This confirms that cloud security remains a recurring funding theme, even if its check sizes are smaller than compute and database rounds.
Cloud Databases had only 3 deals, but those deals raised $1.50B. Databricks, ClickHouse, and Supabase made the category look like strategic infrastructure rather than ordinary developer software.
Which categories attract disproportionately large checks in the cloud computing market?
As of July 2026, Cloud Databases attracted the most disproportionately large checks in the cloud computing market. Over the past 12 months, the category had 12.50% of deals but 32.09% of capital, giving it a capital-share to deal-share ratio of 2.57.
Infrastructure as a Service also attracted oversized checks. It held 25.00% of deals and 44.16% of capital, giving it a ratio of 1.77.
Cloud Management Services shows the opposite pattern. It tied Infrastructure as a Service on deal count, but its ratio was only 0.08, because its rounds clustered around smaller Series A and Seed checks.
This split is one of the cleanest signals in the cloud computing market. Investors paid for scarce compute and strategic data platforms, while operational tooling received validation but much less capital intensity.
Which geographies matter most for fundraising in the cloud computing market?
As of July 2026, North America matters most for fundraising in the cloud computing market. Over the past 12 months, it produced 20 of 24 deals and $4.52B of the $4.67B total.
North America held 83.33% of disclosed deals and 96.75% of disclosed capital. Its average round size was $226.1M, and its median round size was $71M.
The Middle East appeared through 3 deals and $92M, mainly in cloud security and cloud optimization. Europe appeared through 1 deal and $60M, represented by Aikido Security.
Asia-Pacific, Latin America, and Africa had no qualifying disclosed equity deals in this strict dataset. That is a public-data finding, not proof that no cloud activity exists in those regions.
Is the cloud computing opportunity set broad or concentrated in one hub?
As of July 2026, the cloud computing opportunity set is highly concentrated in one hub. Over the past 12 months, North America captured almost all disclosed capital and the large majority of disclosed deals.
The concentration is stronger by dollars than by deal count. North America had 83.33% of deals but 96.75% of capital, which means its rounds were structurally larger.
The Middle East and Europe were visible, but not broad capital centers in this dataset. Their combined share was only 3.25% of total disclosed funding.
This makes the cloud computing market unusually geography-skewed in the public funding record. The largest AI cloud, database, and storage rounds were overwhelmingly North American.
Is cloud computing a market of small experiments or scaled financings?
As of July 2026, cloud computing is a market of scaled financings, not small experiments. Over the past 12 months, 11 of 24 deals were above $50M, and 9 were above $100M.
The middle of the market is still visible. There were 9 deals between $20M and $50M, which shows that cloud security, orchestration, and management companies can still raise solid venture rounds.
But the dollar signal is dominated by larger infrastructure bets. Rounds above $50M represented only 45.83% of deals, yet they represented more than 93% of disclosed capital.
The median round was $38.5M, which is already meaningful for enterprise software. Still, the average round was five times larger, showing how much the top cloud computing rounds reshape perception.
Who are the investors that appear the most in cloud computing fundraising?
As of July 2026, repeat investors in cloud computing fundraising clustered around AI infrastructure, cloud databases, and cloud security. Over the past 12 months, NVIDIA appeared in 4 disclosed deals, more than any other named investor in the dataset.
NVIDIA participated in Crusoe, Fireworks AI, DeepInfra, and TensorWave. That pattern shows the strategic importance of GPU compute, AI inference, and cloud capacity.
Bessemer Venture Partners appeared in ClickHouse and Upwind, while Accel appeared in Supabase and ClickHouse. Sequoia and Lightspeed both appeared across data and storage infrastructure rounds.
Samsung Next appeared in DeepInfra and Parasail, showing another link between strategic technology investors and AI cloud infrastructure. Salesforce Ventures also appeared in Upwind and other adjacent cloud security activity referenced in the dataset.
One caveat matters: round announcements rarely disclose how much each investor contributed. Investor mentions should therefore be read as participation signals, not exact dollar commitments.
INSIGHTS
The insights below come from reviewing every disclosed equity round in the cloud computing market between August 2025 and July 2026. They are not row-by-row summaries. They are the reusable patterns that kept showing up across the 24-deal dataset, and they are meant to stay useful when reading any future cloud computing funding announcement.
- The cloud computing market looked much healthier by capital raised than by breadth of company formation. Twenty-four deals produced $4.67B, but 59.37% of all capital came from only three rounds. Headline funding was therefore driven by infrastructure-scale balance-sheet bets, not a broad uniform rise across categories.
- Infrastructure as a Service and Cloud Databases together captured 76.25% of capital but only 37.50% of deals. That means investors were paying for scarce compute and data control planes. They were not simply funding more cloud software logos.
- Cloud Management Services tied Infrastructure as a Service for deal count, with 6 deals each. But it captured only 2.01% of capital. This suggests strong founder formation around cloud operations, but limited willingness to underwrite those companies at infrastructure-scale ticket sizes.
- The capital-share to deal-share ratio is the cleanest category signal in the cloud computing market. Cloud Databases scored 2.57 and Infrastructure as a Service scored 1.77. Cloud Management Services scored only 0.08, making it a deal-volume category rather than a capital magnet.
- The median round was $38.5M, while the average was $194.75M. This gap shows that the typical cloud deal was mid-sized, but market perception was reset by billion-dollar and near-billion-dollar financings.
- Series D+ rounds represented only 20.83% of deals but 67.93% of capital. The cloud computing market rewarded companies already perceived as category leaders. It did not distribute capital evenly to early challengers.
- Seed rounds represented 12.50% of deals but only 0.88% of capital. New company formation exists in cloud computing. But seed-stage cloud is financially marginal compared with the capital needed to scale compute, storage, and database infrastructure.
- The early-stage versus late-stage split is highly asymmetric. Seed and Series A accounted for 52.17% of deals but only 9.78% of capital. The market was open to new startups, but not yet willing to fund them as infrastructure-scale businesses.
- The proof standard differs sharply by category. AI cloud and database companies raised large rounds on capacity, usage growth, and strategic infrastructure importance. Cloud management companies needed narrower claims around cost reduction, compliance, or reliability.
- North America dominated both deal count and capital. Its 83.33% deal share became a 96.75% capital share. North American cloud rounds were not just more numerous, they were structurally larger.
- Europe appeared mainly through security rather than hyperscale infrastructure. That suggests European cloud sovereignty demand may be real, but it did not translate into many clean equity-only pure-player rounds with disclosed terms.
- The Middle East presence came through Israel-linked cloud security and optimization companies. The region acted as a specialist security and control-plane contributor, not a broad cloud capital center.
- The absence of qualifying Asia-Pacific, Latin America, and Africa deals should be read carefully. It does not prove no cloud activity exists there. It shows that public, equity-only, pure-play cloud rounds were harder to verify through strong sources during the period.
- The market is splitting between cloud as capacity and cloud as control. Capacity companies such as Crusoe, TensorWave, DeepInfra, Starcloud, and Parasail raised large rounds. Control-plane companies such as Sedai, Arpio, StratusGrid, and Sazabi clustered around smaller checks.
- Compute scarcity was the strongest investment narrative in the dataset. The largest infrastructure rounds were tied to GPU clouds, AI inference, data centers, or novel compute deployment models. Cloud funding was pulled by AI workload growth.
- The cloud database category showed exceptional investor confidence despite low deal count. Databricks, ClickHouse, and Supabase suggest the database layer is increasingly treated as strategic AI infrastructure. It is no longer just ordinary developer software.
- Cloud security had a high number of deals but a moderate capital share. Its 5 deals and 8.90% capital share show security is validated as a recurring need. But most security rounds were smaller than compute, database, or storage rounds.
- The top 10 deals captured 92.04% of total capital. Any market-sizing view based only on aggregate dollars mostly describes the largest cloud infrastructure winners. It does not describe the median funding environment.
- The presence of several $20M to $50M Series A rounds shows that investors still fund new cloud control-plane categories. But the leap from Series A to megaround appears reserved for compute capacity, platform security, or data infrastructure.
- The $50M+ bucket had 11 deals, almost half of all deals. That is unusually high for a startup funding dataset. It confirms that cloud computing remains capital-intensive even after excluding debt-only facilities.
- Cloud Storage had only 2 deals but 6.95% of capital, driven by Eon’s $300M Series D. Storage remains fundable when framed as AI-ready enterprise data access, not commodity object storage.
- The dataset shows almost no pure Cloud Networking financings. Networking innovation may be embedded inside broader infrastructure companies. Or standalone cloud networking startups were less visible to venture investors during this period.
- A useful screening rule emerges from the dataset. For future cloud funding, weight disclosed usage, infrastructure capacity, data gravity, and strategic compute access more heavily than generic AI wording.
Databricks (Series K), PR Newswire (Supabase), TechCrunch (Tigris), Crusoe (Series E), Business Wire (Fireworks AI), Eon (Series D), PR Newswire (Echo), SiliconANGLE (Aikido Security), ClickHouse (Series D), Business Wire (Upwind), Calcalist (Adaptive6), Business Wire (RapidFort), Sedai (Series A), Knox Systems (Series A), Business Wire (Starcloud), PR Newswire (Kestra), PR Newswire (Parasail), DeepInfra (Series B), TensorWave (Series B), Arpio (Series A)
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