Cloudthread
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Cloudthread was a San Francisco analytics startup founded in 2020 by Daniele Packard, Ilia Semenov and Thomas Yopes - engineers who had built cloud cost management systems at Lyft, EA and Citrix. Its cloud cost observability platform combined cloud billing data with application performance telemetry (New Relic, Splunk, Datadog, Slack) to give engineering teams unit cost metrics such as cost per query or cost per request, helping them build cost-efficiently in the cloud without development disruption. The company was part of Y Combinator's Summer 2021 batch.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Daniele Packard, Ilia Semenov and Thomas Yopes founded Cloudthread in San Francisco to bring enterprise-grade cloud cost management to every engineering team.
- YC and seed round
Cloudthread joined Y Combinator's Summer 2021 batch and raised a $3 million seed round led by Peak State Ventures, with participation from Global Founders Capital, Soma Capital, Lombard Street Ventures and angel investors including the co-founders of Databricks and Eventbrite.
- Acquired
PitchBook records a merger/acquisition deal for Cloudthread in April 2024 and lists the company's status as Acquired/Merged; the acquirer and terms were not publicly disclosed.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.