Series B · Enterprise software
North.cloud raises $60m Series B to automate cloud and AI spending
PeakSpan Capital led the round as North expands infrastructure cost optimization.
North.cloud announced a closed $60 million Series B on October 15. PeakSpan Capital led the financing, joined by Litquidity Ventures, Companyon Ventures, Alpaca, Uncommon Denominator, Gaingels and Mana Ventures.
The funding will support autonomous optimization across cloud providers, deeper integrations and AI spending management, alongside hiring in engineering, product and sales. North says it manages nearly $2 billion in cloud spending; that figure measures customer infrastructure expenditure.
Funding history
Series B · This round$60M