Buffalo Business First
News Resource January 13, 2020

Rochester's Breakout Startup

This abstract was originally published as “Bytes & pieces: Rochester’s breakout startup” in Buffalo Business First by Dan Miner.

 

A lot of time has been spent in Buffalo recently talking about the success and impact of ACV Auctions. The software company went from three employees five years ago to more than 1,000 now and has raised about $300 million in private funding over that period, making it a bell cow for scalable software in Buffalo.

It’s perhaps worth noting that Rochester has its own visible commercial entity that serves as a leader of its software scene. CloudCheckr raised a $50 million Series A round in 2017 and followed that up with $15 million in funding this year, according to company announcements.

 

CloudCheckr Company Photo 2019

 

Gov. Andrew Cuomo announced this month that his administration would supply about $8 million in tax credits as CloudCheckr looks to hire about 400 new employees over the next five years.

The company was founded by entrepreneur Aaron Newman in 2011. It is now led by CEO Tim McKinnon and has 200 employees, 150 of which work out of its headquarters in Rochester.

 

About CloudCheckr

Only CloudCheckr delivers total visibility, making the most complex cloud infrastructures easy to manage. CloudCheckr customers deploy our total visibility platform to secure, manage, and govern the most sensitive environments in the world–from government agencies to large enterprise and MSPs–with immediate results. CloudCheckr industry-leading solutions include Cost Management, FinanceManager, Cloud Security, Total Compliance, Inventory & Utilization, and Cloud Automation.

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