The Press Releases section of our website not only relates to ParkMyCloud press releases, but also to any snippets of news that have caught our eye and relate to events in our industry. We use this section to communicate relevant information about cloud scheduling services, cloud computing management software, and cloud hosting service providers.

Naturally press releases from ParkMyCloud will figure prominently in this section. As the company and its product develops – and more organizations adopt our software for reducing cloud computing costs – we will share our news with you. If you are interested in how to reduce the cost of cloud computing services, you should bookmark this page and visit it often.

Are there any press releases you think should be included in this section? Contact us and let us know.

Alibaba Cloud Customers Can Now Reduce Up to $552M in Annual Waste with ParkMyCloud

ParkMyCloud Provides Alibaba Cloud Customers with Continuous Cost Optimization by Turning Off Idle Resources

June 27, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it now provides automated cost optimization and reduction for Alibaba Cloud, the largest public cloud provider in China and a rapidly growing U.S. cloud provider. ParkMyCloud now supports four top cloud providers, with Alibaba joining Amazon Web Services (AWS), Microsoft Azure (Azure), and Google Cloud Platform (GCP).

ParkMyCloud saves money by automatically turning off idle cloud resources, a process it calls “parking”. Customers including McDonald’s, Sysco Foods, and Unilever have integrated cost control into their DevOps processes using ParkMyCloud.

ParkMyCloud estimates that up to $552 million will be wasted on idle Alibaba Cloud resources this year – all of which can be easily saved with ParkMyCloud’s automated optimization and elimination of idle resources.

“ParkMyCloud has had an international customer base from the start, and we look forward to working with companies around the world that choose Alibaba as their primary cloud or as part of their multi-cloud strategy,” said Jay Chapel, ParkMyCloud CEO. “Given their rapid growth – over 100% growth for the 4th quarter, with more than 300 products and features launched – Alibaba is clearly putting a focus on innovation and development in the cloud space. We look forward to helping their customers optimize resource usage as Alibaba Cloud expands internationally.”

ParkMyCloud was founded in 2015 with initial support for AWS. It followed with support for Azure and GCP, while developing capabilities to allow DevOps users to fully automate cloud cost control with innovations such as SmartParking.

About ParkMyCloud

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure, Google Cloud, and Alibaba Cloud users such as McDonald’s, Sysco Foods, Unilever, Avid, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

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ParkMyCloud Announces Scale Group Parking for Microsoft Azure and Google Cloud Platform

Leading Cloud Cost Optimization Platform Expands Savings on Public Cloud Resources

May 31, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released cost optimization support for Microsoft Azure virtual machine scale sets and Google Cloud Platform managed instance groups.

The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure (Azure), and Google Cloud Platform (GCP) customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

Azure scale sets and GCP managed instance groups are groups of cloud resources that are frequently used for redundancy and scaling purposes. For testing and development, common practice is to set up a non-production network architecture that mirrors production. All too often, the non-production environment is left running, wasting money on resources that aren’t being used. With ParkMyCloud cost control in place, users can automate “off” or “scaled down” schedules for these resources, ensuring that they only pay for services they are actually using.

“Customers using scale groups in public cloud are typically savvy users who are increasingly cost conscious,” said Bill Supernor, ParkMyCloud CTO. “With each release, we are expanding ParkMyCloud’s automation engine to support the cloud resources our customers are using.  This allows them to easily incorporate cost optimization with their DevOps process.”

Earlier this year, ParkMyCloud released automated usage-based cost optimization called “SmartParking” for AWS, Azure and GCP. In the coming months, ParkMyCloud plans to release support for Alibaba Cloud as well as additional resource types  in AWS, Azure, and GCP.

About ParkMyCloud

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure and Google users such as McDonald’s, Sysco Foods, Unilever, Avid, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

New in ParkMyCloud: Park GCP Groups, Schedule Override, New Trial Experience, and More

Today, we share the latest update in ParkMyCloud, which highlights new types of GCP resources you can park, and updates for new and existing users alike.

Park GCP Groups

Now in ParkMyCloud, you can manage and optimize costs for your GCP Managed Instance Groups, both with and without Autoscaling. You can set parking schedules on these groups, but rather than simply turning them “on” and “off”, you can set “high” and “low” stages for your groups, for which you set a maximum and minimum number of resources, respectively. Some additional details:

  • GCP Managed Groups with Autoscaling can have a minimum size of 1 instance in the Low/Off state, and thus they can never be fully shut off to zero instances.
  • GCP Managed Groups without Autoscaling can have a minimum size of 0 instances in the Low/Off state, and can be fully shut off.
  • The Console will show the members of GCP Unmanaged Groups as “regular” resources, allowing them to be scheduled/controlled individually. You wish to assign them to ParkMyCloud Logical Groups in order to start and stop them as a set.

In order to allow ParkMyCloud to support management of GCP Instance Groups, please update your ParkMyCloud Access Role to include the latest set of permissions defined here in the User Guide.

What about other cloud service providers? ParkMyCloud already supports parking for AWS Auto Scaling groups. Management of Azure’s equivalent, Azure scale sets, is coming later this month.

Schedule “Snooze” is now “Override”

ParkMyCloud has long allowed you to “snooze” parking schedules — as in, snooze the on/off actions of the schedule, not the resource. But it was confusing — when people heard “snooze”, they incorrectly assumed it meant, “put the resource to sleep”.

So we’ve renamed it “override”. When you override a schedule on a resource, you can set it to your preferred state of running or parked, either for a set duration (e.g., override the schedule for 3 hours) or until a set time (e.g., override the schedule until 8:00 a.m. on May 16). After that time, normal schedule actions will resume.

For Existing Users…

This release includes a number of other updates that will interest existing users of ParkmyCloud:

    • Recommendations Export: The recommendations screen can now be exported to CSV, via a new Export button, for easy sharing and analysis.
    • Online Help: Each page on the console now has a “?” link to context-sensitive help from the PMC User Guide.
    • Teams: Superadmins now appear as greyed-out users on all team lists, showing their visibility into all teams.
    • Notifications: User-level notifications are now more obvious with a link from the org/team-level notifications screen.
  • Resources Screen:
    • The Schedule/Start/Stop/Team/Group buttons are now always visible, and only enabled when appropriate instances are checked, depending on the function of the button.
    • The resources screen is now more mobile-device friendly. There used to be an issue with how the screen scrolled, which is now fixed.
    • Performance improvements for customers with large numbers of schedules and recommendations.

For New Users…

Don’t tell the existing users above, but we’ve improved the ParkMyCloud free trial for new users. When you start a 14-day free trial, you will now be given Enterprise tier access to the product – that means unlimited instances, teams, users, and cloud accounts across providers in your trial ParkMyCloud account, access to the user import/export feature, database parking, SmartParking, and more. Check it out with a free trial.

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ParkMyCloud Announces “SmartParking” for Google Cloud Platform

Cloud Cost Optimization Engine Automates Savings for “Big Three” Cloud Providers

Example of an automatically-generated SmartParking recommendation based on instance usage patterns.

April 3, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParkingTM for Google Cloud Platform (GCP), allowing GCP users to automate cloud cost optimization.

The ParkMyCloud platform helps customers of the “big three” cloud providers, Amazon Web Services (AWS), Microsoft Azure, and GCP, save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud does this by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

This expansion of the SmartParking functionality to Google Cloud Platform comes on the heels of the release of SmartParking for Microsoft Azure in March. It uses Google Cloud Platform metric data to find patterns in instance utilization. ParkMyCloud then uses that data to automatically recommend specific parking schedules for each instance, designed to turn them off when they are typically idle. This maximizes savings on cloud resources by shutting the instances down when they are not being used. Using ParkMyCloud’s automated cost-saving technology, individual AWS and Azure customers have saved over $1 million on their cloud bills. Now, Google Cloud users, too, can eliminate wasted spend.

“We are consistently saving $15,000-25,000 a month using ParkMyCloud,” said Bill Gullicksen, Director of IT, QCentive. “It’s the perfect tool for what we needed, and in addition to the automation it also lets us provide access to developers, QA testers, and even data analysts and business folks to turn instances on and off without having to write a bunch of complex policies ”

“We’ve gotten great feedback on SmartParking from our AWS and Azure customers,” said ParkMyCloud CTO Bill Supernor. “Our Google customers have been looking forward to the same optimization opportunities, and we’re happy to deliver.”

Now that SmartParking has been achieved for all three major cloud providers, ParkMyCloud plans to develop cost-savings measures for other services within each cloud provider, and to expand to additional cloud providers.

About ParkMyCloud

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure and Google users such as McDonald’s, Sysco Foods, Unilever, Avid, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

ParkMyCloud Announces “SmartParking” for Microsoft Azure

Cloud Cost Optimization Platform Expands Powerful Automation Engine for Maximum Savings on Cloud Resources

March 13, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParking for Microsoft Azure, allowing Azure users to automate cloud cost optimization.

The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

The newly released expansion of SmartParking — which was first released for AWS in January — uses Azure Monitor data to find patterns in virtual machine utilization. ParkMyCloud then uses that data to automatically recommend specific parking schedules for each virtual machine to turn them off when they are typically idle. This minimizes idle time to maximize savings on cloud resources.

SmartParking schedule automatically created from usage data

Using ParkMyCloud’s recommendations, some AWS customers are saving more than 80% on the cost of their cloud resources. Now, Azure users — which make up the fastest-growing portion of the cloud market — can get the same cost reduction, saving huge portions of cloud spend  that would have otherwise been wasted.

“With this release, we extend the powerful SmartParking technology to Azure, allowing users to optimize their spend and savings,” said ParkMyCloud CTO Bill Supernor. “Our AWS customers have been excited about SmartParking, and we’re glad to now deliver it to our Azure users as well.”

ParkMyCloud customer Sysco Foods has more than 500 users across 50 teams using ParkMyCloud to manage their AWS environments. “When I’m asked by a team how they should use the tool, they’re exceedingly happy that they can go in and see when systems are idle,” Kurt Brochu, Sysco Foods’ Senior Manager of the Cloud Enablement Team, said of SmartParking. “To me, the magic is that the platform empowers the end user to make decisions for the betterment of the business.”

ParkMyCloud plans to release SmartParking for Google Cloud in April.

About ParkMyCloud

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure and Google users such as McDonald’s, Sysco Foods, Unilever, Avid, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

CloudHealth Technologies and ParkMyCloud Partner to Simplify Cloud Complexity, Cost and Control

This is a cross-post of the release also published by CloudHealth Technologies.

CloudHealth Technologies, Leader in Hybrid Cloud Governance, and ParkMyCloud, Leader in Automated Cost Control, Join Forces to Save Companies Time and Money

January 11, 2018, BOSTON – CloudHealth Technologies, the leader in cloud service management, and ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, today announced they are partnering to marry the hybrid cloud governance of CloudHealth with the automated cost control of ParkMyCloud. ­­­

Customers leveraging the integrated solution will experience greater return on their cloud investments. They will be able to automate cloud cost control, simplify management, and consequently free up teams to focus on driving more strategic projects within their organizations.

Public cloud provides agility, efficiency and flexibility; however, as organizations ramp up in the public cloud, they often find consumption growing rapidly, leading to overspending and inefficient resource utilization. For many, this rising cost is unaccounted for. According to Gartner, “With increasing business unit IT spending on cloud services, IT leaders must prevent new risks, sprawl, cost overruns and missed SLAs. Dynamic optimization technology can help balance the benefits of agility with required governance controls for cloud services and virtualized infrastructure.”1

With CloudHealth’s expertise in cloud governance and management and ParkMyCloud’s specialization in cloud cost control, they can together provide complete visibility and control over multi-cloud environments, enabling customers to drive better business value. Joint customers will experience a seamless, integrated solution, including:

  • Improved Cloud ROI: Users will realize immediate cost savings with non-disruptive, policy-driven automation that helps to eliminate tedious tasks and enable teams to roll out new offerings and updates faster to market.
  • Ability to Drive More Strategic Projects: Rather than focusing on “keeping the lights on,” technical experts can shift their efforts to continuously innovate and thereby maintain a competitive advantage—not just business as usual.
  • Simplified Hybrid Cloud Governance: Broken down by environment, department, application, resource and more, this integrated offering empowers teams to implement better resource management through a simple and easy-to-use customizable dashboards for different personas such as CFO and CTO, among others.
  • Better Analytics: Users gain unparalleled insight and can use this visibility to make smarter business decisions.

“There are huge business gains to be reaped in the public cloud, but business transformation also brings complexity,” said Tom Axbey, CEO and President of CloudHealth Technologies. “In partnering with ParkMyCloud, we’re eliminating cloud management inefficiency and bridging t­­he divide between cost and utilization. We’re uniting disparate cloud environments, business ops and DevOps teams by equipping them with the tools they need to be agile and productive.”

“Our goal at ParkMyCloud has always been to help our customers do more with their cloud by saving time and money,” said Jay Chapel, CEO and Founder of ParkMyCloud. “That’s why we provide them with automated cost control, which we do by finding and turning off idle resources in AWS, Azure and Google Cloud. By collaborating with CloudHealth Technologies, we are providing customers with end-to-end visibility and control over their environments for optimized cloud usage and spend.”

“With ParkMyCloud, anyone in your organization can be responsible for their own cloud costs,” said Reed Savory, Connotate. “That’s immensely valuable and brings real cost savings. CloudHealth offers unparalleled rightsizing capabilities, among other things, so we know we aren’t leaving money on the table. Integrating these solutions will only further the simplicity and efficiency with which our team operates — even as we manage a rapidly scaling cloud environment.”

To learn more about how CloudHealth and ParkMyCloud are empowering customers through this partnership, https://www.cloudhealthtech.com/partners/integration-partners/parkmycloud.

[1] Gartner, Innovation Insight for Dynamic Optimization Technology for Infrastructure Resources and Cloud Services, Donna Scott and Milind Govekar, Refreshed: 6 February 2017 | Published: 29 February 2016.

About CloudHealth Technologies

CloudHealth, the recognized worldwide leader in the growing Cloud Service Management industry, provides integrated reporting, recommendations and active policy management to help companies control the problems associated with “cloud chaos.” Our comprehensive platform gives enterprise companies and MSPs the ability to visualize, optimize and govern their cloud and hybrid environments. By providing analysis and deep insight into historical trends, capacity planning, resource optimization and resource automation, CloudHealth enables stakeholders ranging from C-level executives to engineers, cloud specialists, architects, IT directors and LOB managers to improve performance and drive value through their cloud ecosystems. Well-known organizations that rely on CloudHealth’s capabilities and expertise include Amtrak, Dow Jones, Acquia, and Sumo Logic, among others. Based in Boston, the company is backed by Kleiner Perkins, Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures. For continuous product updates, industry news and engagement, visit us at www.cloudhealthtech.com or follow us @cloudhealthtech.

Contact

Lauren Palazzo, Text100 for CloudHealth

Lauren.Palazzo@text100.com

(617) 399-4909

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About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Foster Moore, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

Contact

Katy Stalcup, ‎ParkMyCloud

kstalcup@parkmycloud.com

(571) 334-3291

###

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ParkMyCloud Announces “SmartParking” for Automated Cloud Cost Optimization

First-of-its-Kind Automation Engine Creates Usage-Based On/Off Schedules for Maximum Savings on Cloud Resources

January 10, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParkingTM for automated cloud cost optimization. The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure, and Google Cloud customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

Instance Utilization Report – from AWS CloudWatch data

SmartParking Schedule created from Instance Utilization Data

With the new SmartParking release, the ParkMyCloud platform will look for patterns in utilization data from AWS CloudWatch, and create recommend schedules for each instance to turn them off when they are typically idle. This minimizes idle time to maximize savings on cloud resources – saving customers 65% or more.

“No other cloud management vendor is doing this,” said ParkMyCloud CTO Bill Supernor. “This new layer of automation takes cost optimization a step further than most tools go, from visibility to actionable, evidence-based scheduling, for maximized cost savings with minimal employee time needed to manage it.”

Like an investment portfolio, users can choose to receive SmartParking schedules that are “conservative”, “balanced”, or “aggressive” — where conservative schedules protect all historic “on” times, while aggressive schedules prioritize maximum savings.

“ParkMyCloud has helped my team save so much on our AWS bill already, and SmartParking will make it even easier,” said ParkMyCloud customer Tosin Ojediran, DevOps Engineer at a FinTech company. “The automatic schedules will save us time and make sure our instances are never running when they don’t need to be.”

This release supports SmartParking for AWS resources, with near term plans to add Azure and Google Cloud SmartParking support as well.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by integrating cost control into their DevOps processes and automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Avid, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

ParkMyCloud Selected as Channel Influencer Award Winner by Channel Partners, Channel Futures

DULLES, VA (Jan. 8, 2018)Today ParkMyCloud was selected as a winner of the first Channel Influencer Awards by Channel Partners and Channel Futures. The awards recognize the people, technologies, trends and organizations that will shape the channel in 2018.

ParkMyCloud was selected as one of the 25 Orgs to Watch, which names top suppliers, consultancies, distributors and master agents moving the channel forward in 2018, selected by the editors who know these beats inside and out.

The full list of winners is: AT&T, Avant, Avaya, Box, CenturyLink, Comcast Business, Continuum, Cyxtera, Extreme Networks, GE, Ingram Micro, Microsoft Azure, Optiv, ParkMyCloud, Pax8, Rackspace, SaaSMax, Salesforce, Sirius, ScanSource + Intelisys, Sophos, The 20, Velocloud, Verizon, ZeroStack

ParkMyCloud was selected due to its innovation in solving the emerging problem of wasted cloud spend. Billions of dollars are wasted each year on idle cloud servers. By integrating cost control into the DevOps process and automatically turning idle resources off when they’re not being used, ParkMyCloud is helping companies like McDonald’s, Capital One, Unilever, Avid, and Sage Software cut their Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform bills by up to 65%.

Download the digital issue from Channel Partners to learn more about the Channel Influencer Awards.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing cloud resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Avid, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

Media Contact:

Katy Stalcup

ParkMyCloud

kstalcup@parkmycloud.com

(571) 334-3291

 

About Channel Partners and Channel Futures

Channel Partners is joining forces with Channel Futures to provide the industry’s broadest and deepest coverage of the new channel that comprises both traditional partners reinventing themselves for a digital future and an array of newcomers that see opportunities to deliver customer value.

For more than 25 years, Channel Partners has been the undisputed leader in providing news, analysis and education to the indirect sales channels serving the business technology and communications industry. In addition, Channel Partners online (www.channelpartnersonline.com) delivers a constant content stream of unique and breaking industry news, feature articles and premium downloadable content. As official media of Channel Partners Conference & Expo (www.channelpartnersconference.com) and Channel Partners Evolution (http://evolution.channelpartnersconference.com/), Channel Partners is the market leader that channel professionals turn to first.

Channel Futures is devoted to helping the architects of the digital revolution better manage their operations and deliver higher-value business solutions to end customers. Leveraging the best of The VAR Guy, MSPmentor, Talkin’ Cloud and more, Channel Futures provides inspiration, insights and tools to the diverse ecosystem of companies that comprise the “new channel,” which includes managed service providers (MSPs), systems integrators, born-in-the-cloud companies, telecom agents, VARs and other market specialists that operate outside of the traditional information and telecommunications technology (ICT) ecosystem. 

Media Contact:
Brittany Watts
480-281-6731
brittany.watts@informa.com

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ParkMyCloud Launches App to Meet Demand for Mobile Cloud Cost Optimization

Cloud Cost Optimization Just Got Easier With the New ParkMyCloud Mobile App

November 8, 2017 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today the release of a new iOS app that allows users to park idle instances directly from their mobile devices. The app makes it easy for ParkMyCloud customers to reduce cloud waste and cut monthly cloud spend by 65% or more, now with even more capability and ease of use.

Before release of the app, current users were invited to participate in a beta test and offer feedback. Keith Nichols, CTO of FurstPerson, said, “Overall love it. I was out to dinner last Friday and got an emergency call to restart an instance that was parked – and I had my phone with me and was able to use the app without needing to drive home to login to my laptop.”

ParkMyCloud CTO Bill Supernor adds that “In addition to reducing cloud costs, ParkMyCloud stands for simplicity and ease of use. Our customers are thrilled to have control over cloud resources with a mobile app, making reducing cloud spend that much easier, even when they are on the go.”

ParkMyCloud is a recognized leader in cloud cost optimization. The new mobile app is another example of how the platform provider is making the experience of managing cloud costs easier and more accessible for enterprise customers. An Android version of the app is currently in development. ParkMyCloud also plans to release utilization-based parking later this year, to further automate instance off times and maximize savings.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Foster Moore, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

ParkMyCloud Appoints Veteran Tech Leader Bill Supernor as CTO

Cloud Cost Optimization Platform Vendor Gears Up for Rapid Expansion with New Hire

October 16, 2017 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that Bill Supernor has joined the team as Chief Technology Officer (CTO). His more than 20 years of leadership experience in engineering and management have included scaling teams and managing enterprise-grade software products, including KoolSpan’s TrustCall secure call and messaging system.

At ParkMyCloud, Supernor will be responsible for product development and software engineering as ParkMyCloud expands its platform, which currently helps enterprises like McDonald’s, Unilever, and Fox control costs on Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, to more clouds and continues to add more services and integrations.

“Bill’s experience in the software industry will be a boon to us as we scale and grow the business,” said ParkMyCloud CEO Jay Chapel. “His years in the software and IT space will be a huge advantage as we grow our engineering team and continue to innovate upon the cost control platform that cloud users need.”

“This is a fast-moving company in a really hot space,” said Supernor. “I’m excited to be working with great people who have passion about what they do.”

Prior to joining ParkMyCloud, Supernor was the CTO of KoolSpan, where he led the development of a globally deployed secure voice communication system for smartphones. He has also served in engineering leadership positions at Trust Digital, Cognio, Symantec, and McAfee/Network Associates, and as an officer in the United States Navy.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings on Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

Read more ›

ParkMyCloud Releases Parking to Automate AWS RDS Cost Savings

Amazon Web Services Customers Can Now Schedule Stop/Start for AWS RDS Instances with ParkMyCloud’s Automated Cost Savings Platform

June 20, 2017 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continous cost control in public cloud, today announced that it now offers “parking” for Amazon Web Services (AWS) Relational Database Service (RDS) instances. With parking, users can automatically put resources on on/off schedules, so they only pay for the hours they’re actually using. This is the first parking feature on the market that’s fully integrated with AWS’s recently launched RDS start/stop capability.

RDS is the area of biggest of cloud spend after compute, accounting for about 15-20% of an average user’s bill. In fact, the savings users can enjoy from parking RDS will be significant. On average, ParkMyCloud users save $140 per parked instance per month on compute – and as RDS instances cost significantly more per hour, the savings will be proportionally higher.

“Adding the ability to ‘park’ RDS is a great enhancement to ParkMyCloud’s platform which already helps us reduce our monthly AWS EC2 spend. It’s actually a feature we’ve asked for, so we appreciate how quickly they were able to get this out the door,” said Greg Austin, Global IT DevOps Automation Manager at RateMyAgent.

“Our customers made it clear they wanted RDS parking, and we’re happy to deliver it after working with AWS on the integration,” said ParkMyCloud CEO Jay Chapel. “We’re focused on continuing to build the best cloud cost control platform in the market, so when our customers speak, we listen.”

In addition to AWS, ParkMyCloud also supports Microsoft Azure, and Google Cloud Platform. As with the RDS Parking enhancement, ParkMyCloud will be adding automated cost savings functionality for services beyond compute across all three providers.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings. For more information, visit http://www.parkmycloud.com.

Press Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

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ParkMyCloud Adds Google Cloud Platform to Automated Cost Savings Tool

Customers to Realize Billions of Dollars in Reduced Cloud Spend and Waste Through Continuous Cost Control

June 6, 2017 (Dulles, VA) – ParkMyCloud, the leading enterprise app for optimizing and reducing cloud spend, today announced that it now supports auto-scheduling for Google Cloud Platform in addition to Amazon Web Services (AWS) and Microsoft Azure. ParkMyCloud launched its “Nest for the cloud” platform in September 2015 to enable public cloud users to automatically turn off idle instances, saving 20-60% on their cloud bills every month. The company has seen rapid customer growth, and customers include companies such as McDonald’s, Fox, Capital One, Sage Software, and Wolters Kluwer.

With the addition of Google Cloud Platform, ParkMyCloud now provides continuous cost control for the three largest cloud providers in the $23 billion public cloud market. This means ParkMyCloud enables enterprises to eliminate wasted cloud spend – a $6 billion problem in 2017 (with the growing public cloud market, that’s a $17 billion problem by 2020).

451 Research Vice President William Fellows said of the announcement, “ParkMyCloud is the first vendor in the single-purpose cost control space to support all three major public cloud providers, which is great news for Azure and Google Cloud users. As companies mature in their use of public cloud and Google’s cloud becomes more relevant, cost control becomes even more of a priority.”

“Google has made enterprises a priority target for their cloud offering this year, so we knew it was imperative that we support these users as quickly as possible,” said ParkMyCloud CEO Jay Chapel. “We’ve helped Fortune 500 and multinational corporations achieve millions in savings on AWS and Azure, and we’re looking forward to doing the same for users of Google Cloud Platform.”

Tosin Ojediran, a DevOps engineer at a financial technology company, explains how the savings and immediate usability of ParkMyCloud made a difference for his organization, saying, “We sent the savings numbers to our CFO, and he said, ‘wow, this is awesome.’ ParkMyCloud was up and running in 5-10 minutes, it was easy to integrate, easy to use, and delivers what it promises.”

With the major milestone of Google Cloud Platform support achieved, ParkMyCloud plans to broaden its offerings within each cloud provider by adding cost-savings functionality for services beyond compute, while continuing to provide innovative features that allow customers to integrate continuous cost control seamlessly into their DevOps processes.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings. For more information, visit http://www.parkmycloud.com.

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Riding Wave of Rapid Growth, ParkMyCloud to Pitch at Collision Conference 2017

collision conference 2017April 26, 2017 (Dulles, VA) — ParkMyCloud, the platform that helps enterprises optimize public cloud spend, will be pitching at Collision Conference in New Orleans, Lousiana next week in the midst of a period of rapid growth for the company.

ParkMyCloud’s customer base has grown by 50% already in 2017, following a successful first full year in 2016. Customers cross verticals and range in size from startups through Fortune 500 companies, and include McDonald’s, Fox, Capital One, Sage, Wolters Kluwer, Neustar, Philips Respironics, and Raytheon.

Customer use of ParkMyCloud’s platform has also been a success. Customers routinely save 65% or more using ParkMyCloud, and the amount of cumulative savings accelerates every day as new users come on board.

While customers benefit from ParkMyCloud’s automated savings, the team has been busy enhancing the platform. Most notably, in January, ParkMyCloud announced support for Microsoft Azure, in addition to Amazon Web Services, which has been supported since September 2015.

Additionally, customers can now log in to ParkMyCloud and add new users in their organizations using Single Sign-On (SSO) providers, including: Google Apps, Ping, Okta, Azure Active Directory, and OneLogin. A recently launched free tier allows users to use ParkMyCloud’s core scheduling functionality for free, forever – enabling developers to free up the time they may have otherwise spent scripting in-house solutions to schedule off time for their instances.

The success has not gone unnoticed outside of the company. ParkMyCloud was voted through to the Final 4 of the DC Inno Tech Madness competition in March. The company was also selected as a finalist in the 2017 Greater Washington Innovation Awards for Emerging Tech Innovator of the Year. ParkMyCloud is routinely mentioned by industry pundits 451 Research, EMA, CRN and Cloud Computing Magazine as a rising star in cloud cost optimization.

Through the rest of 2017, ParkMyCloud looks to continue advancing the platform functionality with more cost optimization functionality , including support for Google Cloud Platform and optimization options for databases and storage. This poises ParkMyCloud for exponential growth over the next several years.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox, Sage Software, and Infor dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings. For more information, visit http://www.parkmycloud.com.

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New ParkMyCloud Plan Brings Free Cloud Cost Optimization to All

free cloud cost optimizationApril 18, 2017 (Sterling, VA) – ParkMyCloud, the SaaS platform that helps enterprises optimize public cloud spend, has announced a new pricing model, including the core cost savings functionality available in a free plan. The free cloud cost optimization plan was created to enable developers and DevOps practitioners to save money on non-production resources that are not being used nights and weekends. Currently, these practitioners are using homegrown scheduling scripts, which although they are “notionally free”, are actually are a suboptimal approach and require valuable in-house resources to develop and maintain.

ParkMyCloud is taking this burden off the shoulders of developers by offering its core automated instance scheduling functionality to all users, with or without a paid subscription. The account setup process typically takes customers less than 15 minutes. Then users can quickly create automated scheduling policies, so that their non-production resources, such as development, staging, test, and QA, are turned off when they are not needed, such as nights and weekends. A schedule that runs these instances during an 8-hour workday, 5 days a week, and “parks” them the rest of the week, saves 65% of the cost of the instance – all with minimal setup and maintenance time required.

In the new pricing structure, advanced features such as SSO, multi-cloud support, API, audit logs, and reporting will require subscription to a paid tier. The premium features have been added to support companies who are scaling in the public cloud or who need higher levels of governance or security.

The new model gives all new users access to a 14-day trial that allows them to experience all of the premium features. At the end of those 14 days, users can choose to subscribe to the plan that meets their needs.

Customer feedback has been positive regarding the ease of use and savings achieved. “ParkMyCloud has been great for us to reduce AWS costs,” said DevOps Engineer Tosin Ojediran. “We’re better staying within budget now. ParkMyCloud actually really exceeded my expectations. We sent the savings numbers to our CTO, and he said, ‘wow, this is awesome.’ It’s easy to use, it does what it’s supposed to use.”

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox, Sage Software, and Infor dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings. For more information, visit http://www.parkmycloud.com.

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ParkMyCloud Adds Auto-Scheduling for Microsoft Azure

auto-scheduling for microsoft azureAuto-Scheduling for Microsoft Azure Opens Door for Microsoft Azure Customers to Save Millions

January 24, 2017 (Sterling, VA) – ParkMyCloud, the leading enterprise app for optimizing and reducing cloud spend, today announced that it now supports auto-scheduling for Microsoft Azure in addition to Amazon Web Services (AWS). ParkMyCloud launched its “Nest for the cloud” platform in September 2015 to enable AWS customers to automatically turn off idle instances, saving 20-60% on their cloud bills every month. The company has seen rapid customer growth, and customers include companies such as McDonald’s, Sage Software, Neustar, Avid, and Wolters Kluwer.

With Azure, ParkMyCloud significantly broadens its public cloud appeal. AWS has the largest Infrastructure-as-a-Service (IaaS) market share at about 30%, while Azure comes in second at 11%. Adding the second-largest provider means that a greater share of public cloud users can now manage and optimize their resources and get savings on their cloud environments. Additionally, ParkMyCloud now supports not only customers who primarily use one provider or the other, but others who have a multi-cloud environment crossing both AWS and Azure.

451 Research Vice President William Fellows commented on the announcement, saying, “After ParkMyCloud’s work in 2016 deepening their functionality in AWS, supporting Azure helps them target this additional market. The single-purpose tool approach helps ParkMyCloud efficiently address the cloud cost control market and Azure customers should appreciate the new opportunity for simple savings.”

“During 2016, our customers saved over $1.6 million on their cloud bills using our innovative approach to cost savings,” said ParkMyCloud CEO Jay Chapel. “Support for Azure was the top requested feature, so today’s launch will help us drive even bigger growth during 2017 as we become a go-to resource for DevOps and IT users on all the major cloud service providers.”

ParkMyCloud plans to support Google Compute Engine early this year. Following this expansion, ParkMyCloud will broaden its cost-saving offerings to cover databases, storage, and rightsizing.

About ParkMyCloud

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle cloud computing servers (also known as “parking”). Users save up to 60% on cloud server spend by paying only for the time they actually use to avoid wasted spending. Customers include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and Tristar Medical Group. For more information, visit http://www.parkmycloud.com.

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ParkMyCloud Announces “Zero-Touch Parking” for Automated Cloud Cost Optimization

Automation engine from AWS cost optimization leader ParkMyCloud will eliminate wasted cloud spend, making dent in $5.6 billion problem

Sterling, VA, October 24th, 2016 – ParkMyCloud announced that it has released “Zero-Touch Parking” – a first-of-its-kind automation engine that applies start/stop schedules and policies to cloud instances. Zero-Touch Parking is a game-changing addition to ParkMyCloud’s cloud cost optimization platform, as it allows users to “take their hands off the wheel” and let ParkMyCloud apply the parking schedules — automatically.

Up to $5.6 billion is wasted every year on public cloud resources that are not being used during evenings and weekends for development, testing, and staging environments. In its first year, ParkMyCloud’s programmable “light switch” for cloud environments has already saved its customers over $1 million (an average ROI of 1700%). As its reach grows, ParkMyCloud expects this to grow 500% to over $5 million in savings during year 2.

In addition to automated cost savings with Zero-Touch Parking, ParkMyCloud’s new policy engine increases security and eases governance. Administrators can create rules to automatically assign instances to teams of users, and to protect certain instances, such as mission-critical production environments, from accidentally being turned off by users.

“Zero touch parking and the associated policy engine enables ParkMyCloud to take its position as a ‘Nest’ for the cloud cost optimization market using analytics and automation,” said CTO Dale Wickizer. “This new, powerful engine – our most-requested feature – will help our users save a significant amount of time managing their cloud resources.”

Next on the horizon for ParkMyCloud is expansion to support additional cloud providers beyond Amazon Web Services (AWS). ParkMyCloud plans to support Microsoft Azure at the beginning of 2017, with Google Cloud Platform to follow.

About ParkMyCloud

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle cloud computing servers (also known as “parking”). Users save up to 60% on cloud server spend by paying only for the time they actually use to avoid wasted spending. Customers include McDonald\\\’s, Sage Software, Neustar, Avid, Wolters Kluwer and Tristar Medical Group. For more information, visit http://www.parkmycloud.com.

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ParkMyCloud Partners with Distributor “Too Many Clouds” to Bring Cloud Cost Optimization to the UK

Too Many Clouds” to spearhead growth of ParkMyCloud’s AWS scheduling and cost reduction platform in the United Kingdom, Republic of Ireland and Australia.

Sterling, VA, September 19th, 2016 – ParkMyCloud today announced a partnership with cloud and disruptive technology distributor Too Many Clouds, based in the United Kingdom. The technology distributor will spearhead ParkMyCloud’s growth in the UK, the Republic of Ireland and Australia.

Too Many Clouds focuses on helping IT organizations better procure, contract, and budget for IT expenditure in a way that captures the efficiencies of cloud computing at a low cost. With ParkMyCloud, their customers will be able to optimize their Amazon Web Services (AWS) spending with automated start/stop times for non-production instances, allowing them to reduce AWS bills by up to 60%.

“Too Many Clouds is exactly the kind of organization we were looking to partner with,” said Jay Chapel, CEO and Co-Founder of ParkMyCloud. “Their expertise and reach is an excellent addition to ParkMyCloud’s growing presence throughout the globe.”

“We believe in delivering our resellers, and by extension their customers, best-in-class cloud solutions,” Jazz Padda, Managing Director of Too Many Clouds. “We do this as the go-to distributor for all Pan-EMEA and APAC resellers that want to provide innovative solutions and ‘disruptive technology’ to their customers. ParkMyCloud help us achieve that “disruptive” status in AWS whilst saving our customers money. With the technology sector forever evolving, IT Resellers and MSPs have to continuingly adapt – which we assist with by providing the training, along with everything else, in order to enable them to provide the current tech trends.”

About Too Many Clouds

Too Many Clouds is a leading Cloud and Disruptive tech distributor headquartered in the UK. At its core, Too Many Clouds provides the reseller channel with a true value driven distribution model. Seen as an innovative partner in the distribution scene throughout Europe and Australia.

Too Many Clouds is the answer to the exponential growth of Cloud Service Providers, many of whom resell third party services but without the necessary skillset to deliver them. Our team have real world experience in our specialist solution areas to assist reseller partners provide Cloud and Disruptive technology solutions.

http://www.toomanyclouds.com

+44 (0)208 1234 837

info@toomanyclouds.com

About ParkMyCloud

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle non-production cloud computing servers (also known as “parking”), so they pay only for the time they actually use and avoid wasted spending.  Customers, which include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and ZestFinance, save 60% or more on non-production spend. For more information, visit www.parkmycloud.com.

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ParkMyCloud to Expand Reach through Avnet Cloud Marketplace

Partnership between cloud cost savings innovator ParkMyCloud and global technology distributor Avnet enables cloud cost optimization among partners and their customers

Sterling, VA, September 14th, 2016 – ParkMyCloud, the leading automated scheduling and optimization tool for Amazon Web Services (AWS), announced today that Avnet, one of the world’s largest global technology distributors, will now offer ParkMyCloud through the Avnet Cloud Marketplace.

Avnet’s partners, including value-added resellers (VARs), independent software vendors (ISVs), managed service providers (MSPs) and system integrators (SIs), can purchase, provision, and track the use of products like ParkMyCloud through the Avnet Cloud Marketplace. This streamlined procurement process enables partners who already have a relationship with Avnet to provide ParkMyCloud’s cloud savings and optimization to their customers. Those customers can then reduce spending on non-production AWS instances by 60% or more.

“We’re proud to partner with Avnet as part of their initiative to support cloud management and cloud cost control,” said ParkMyCloud CEO and Co-Founder Jay Chapel. “What many companies don’t realize is that as their spending on cloud services grows, there is a tendency for much of that spend to be wasted on unused hours. It is imperative that partners help their customers optimize cloud spend and eliminate waste.”

“We created the Avnet Cloud Marketplace to provide our partners with an easy way to not only buy, sell and provision cloud services, but to also help them manage cloud deployments,” said Tim FitzGerald, Vice President of Digital Transformation for Avnet in the Americas. “Our partners will now have a new option to help their customers maximize their cloud investments with the addition of ParkMyCloud to our portfolio.”

About ParkMyCloud

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle cloud computing servers (also known as “parking”). Users save up to 60% on cloud server spend by paying only for the time they actually use to avoid wasted spending. Customers include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and Tristar Medical Group. For more information, visit http://www.parkmycloud.com.

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ParkMyCloud to Showcase Cloud Cost Optimization Platform at TechCrunch Disrupt

Leading automated scheduling tool for Amazon Web Services to highlight cost savings automation features at iconic TechCrunch Disrupt event hot off the heels of seed funding round

Days after announcing their seed funding round, ParkMyCloud shares that it will showcase its software at TechCrunch Disrupt in San Francisco today.

ParkMyCloud will demo its SaaS platform in Startup Alley, showing attendees how it brings a simple solution to the complex problem of wasted cloud spend. ParkMyCloud automates the process of cloud cost savings to schedule on/off times for idle non-production cloud computing servers, so users pay only for the time they actually use.

In addition to the features already loved by customers – like its easy-to-use UI, single-view dashboard, and parking recommendations – ParkMyCloud will highlight new features. In particular it will share its upcoming automated policy engine, lightning-fast orchestration capabilities, and ability to park a broader range of AWS services including auto scaling groups.

“Coming off the heels of our seed round, it’s exciting to get back out in the user community, talking about our technology and feeling the energy of the crowd,” said Jay Chapel, CEO & Co-Founder of ParkMyCloud. “TechCrunch Disrupt is a great opportunity for us to connect with other innovators and tech fans.”

“We always encourage our Fishbowl companies to get out and show off their products — especially at events in the AOL family, like TechCrunch Disrupt,” said Nicholas Bagg, Managing Director of the AOL Fishbowl Labs incubator in Dulles, VA, where ParkMyCloud is a portfolio company. “We’re thrilled with ParkMyCloud’s success so far, and happy to be a part of its growth.”

About ParkMyCloud
ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle non-production cloud computing servers (also known as “parking”), so they pay only for the time they actually use and avoid wasted spending. Customers, which include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and ZestFinance, save 60% or more on non-production spend. For more information, visit http://www.parkmycloud.com.

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ParkMyCloud Raises $1.65M to Grow Cloud Cost Optimization Platform

SaaS application eliminates wasted cloud spending and provides 1700% ROI to AWS customers of all sizes

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle non-production cloud computing servers, so they pay only for the time they actually use and avoid wasted spending.

“Companies are spending billions of dollars a year on 24×7 servers, when many of those resources are idle much of the time,” said Jay Chapel, ParkMyCloud CEO and Co-Founder. “ParkMyCloud customers can ‘park’ or pause non-production servers such as development, staging, testing and QA when they aren’t needed, saving companies up to 60% on their AWS bills.”

ParkMyCloud’s current customers – which include McDonald’s, Sage Software, Avid and Wolters Kluwer – have saved a total of nearly $800,000 on their AWS bills so far, with an average ROI of 1700%. This funding round enables ParkMyCloud to bring savings to more of AWS’s one million customers.

“We have been searching for a company to back in the fast-growing cloud computing space,” said David Gardner, General Partner of Cofounders Capital. “ParkMyCloud checked all of our criteria, which included a comprehensive yet cost-effective technology, experienced management team and demonstrable return-on-investment for customers.”

ParkMyCloud plans to add support for additional cloud service providers, including Microsoft Azure and Google Compute Engine, later this year.

ParkMyCloud was founded in July of 2015, released the first version of the product on September 8, 2015, and secured its first customer by the end of that month. ParkMyCloud’s launch and initial growth was made possible by an initial angel investment from Virginia-based White Hall Capital.

About ParkMyCloud
ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle non-production cloud computing servers (also known as “parking”), so they pay only for the time they actually use and avoid wasted spending. Customers, which include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and ZestFinance, save 60% or more on non-production spend. For more information, visit http://www.parkmycloud.com.

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