InfraSight Software Raises $430,000 in Debt Funding for Cloud Financial Management Platform

Why It Matters:

InfraSight's platform provides valuable insights into company Cloud expenditures, offering risk assessment, monitoring, and insights. The funding will support the company's mission to help businesses optimize their Cloud costs and mitigate financial risks.

The Details:

• InfraSight Software, based in Huntersville, has previously raised over $2.8 million in debt-equity since its establishment in 2018.

• The recent SEC filing discloses an offering of $1 million, with $567,000 remaining to be raised.

• The filing also mentions 5 current investors and allocates $114,000 of the proceeds for payments to executive officers, directors, or promoters.

• In October, InfraSight announced the appointment of Werner Lippuner, former SVP of Strategy and Operations at SecureIT Consulting Group, to its Advisory Board.

Conclusion:

With its latest funding round, InfraSight Software aims to further develop its Cloud Financial Management Platform and help businesses optimize their Cloud expenditures, ultimately driving efficiency and cost savings.