Gravitant Aims to Optimize the IT Cloud Supply Chain

Gravitant Aims to Optimize the IT Cloud Supply Chain

This IDC Vendor Profile analyzes Gravitant, a privately funded ITaaS and cloud service broker start-up providing SaaS-based solutions to enterprise and MSP customers.

Headquartered in Austin, Texas, Gravitant was founded in 2004 as an IT consulting company, which transitioned into a product company in 2009 and launched its first cloud management solution, cloudMatrix, in late 2011. The company currently has 80 employees and recently completed a $25 million Series B funding round led by new investor Cielo Private Equity and existing investor S3 Ventures. IDC estimates Gravitant saw total revenue of $6 million in calendar year 2014. Gravitant's customer base is primarily located in the United States at present.

As an early entrant in the cloud service broker solutions market, Gravitant aspires to help IT decision makers standardize, optimize, and coordinate the purchase and deployment of multiple cloud services across their organizations. This is a critical management capability needed for mature hybrid cloud management and operations.

Please Note: Extended description available upon request.

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