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Israeli AI cloud platform raises $7m seed funding

ControlMonkey, a developer of cloud automation platforms, has officially launched globally after completing a US$7 million seed funding round.

The funding round was co-led by lool ventures and Joule Ventures, with additional participation from Gaia Ventures and industry figures including Deepak Krishnamurthy, Vadim Solovey, Yoav Toussia-Cohen, Asaf Ezra, and Ariel Assaraf.

The funding will be allocated to enhance ControlMonkey’s cloud governance tools and to expand its international operations.

This includes increasing investments in engineering, customer support, and marketing efforts.

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