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.

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.

Zycom Brings ParkMyCloud to Australia to Help Customers Quickly and Easily Optimize AWS Costs

Aussie corporate cloud management firm will utilize automated AWS scheduling app to reduce customers’ AWS spending

Sterling, VA, June 21st, 2016 – ParkMyCloud, the leading automated scheduling and optimization tool for Amazon Web Services (AWS), announced today that Zycom, a Sydney, Australia-based, cloud management firm, will leverage ParkMyCloud to quickly and easily optimize its customers AWS spending.

For Zycom’s customers—like most AWS users—cloud costs are significant and growing, yet difficult to control.  By using ParkMyCloud, a lightweight web app, in just minutes Zycom can easily visualize a customer’s entire AWS usage across multiple accounts and users and schedule automated start/stop times for idle, non-production instances. As a result Zycom’s customers can reduce their AWS bills by up to 60%.

“We’re excited about partnering with Zycom to accelerate ParkMyCloud’s market penetration in Australia,” said Jay Chapel, ParkMyCloud Co-Founder and CEO. “They have quickly embraced how user-friendly our software is and how quickly it can help them control their customers’ AWS spending.”

“As AWS usage continues to explode, one of our priorities is finding innovative ways to help customers track and manage their spending,” said Zoran Gagic, Director of Zycom.  “ParkMyCloud has created a uniquely powerful, yet simple and practical tool to control AWS costs that we believe will greatly benefit our customers.”

About Zycom

Zycom, based in Sydney, Australia, provides corporate cloud and infrastructure products, services and solutions for Australia’s leading organizations. The company has experience with leading enterprise technologies including Amazon, IBM, HP, Oracle, Red Hat, HDS, EMC, Brocade, Netapp, BMC, CA, VMware, Symantec, Microsoft and Cisco. For more information, please visit www.zycom.com.

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.

ParkMyCloud Sponsors AWS Chicago Summit

Automated AWS cost optimization tool looks to keep momentum going on heels of enterprise customer wins

Dulles, VA,  April 11th, 2016 – ParkMyCloud, a SaaS tool that helps Amazon Web Services (AWS) customers optimize Amazon Elastic Compute Cloud (Amazon EC2) compute resources to maximize the return on their AWS investment, announced today that the company is sponsoring the AWS Chicago Summit on April 18-19, 2016, at the McCormick Place, Lakeside Center in Chicago, IL. Look for ParkMyCloud in booth #330.

Following a number of significant enterprise customer wins, including Sage, Neustar, Avid, Wolters Kluwer, Findly and ZestFinance, ParkMyCloud Co-Founders Jay Chapel (CEO) and Dale Wickizer (CTO) are excited to speak with AWS customers at the event.

“AWS re:Invent 2015 gave ParkMyCloud a huge burst of momentum right out of the gate,” said Chapel. “We not only gained great market traction, we also got tremendous validation and feedback on our initial product – which we’ve already enhanced based on additional customer insights.”

Avid, a global audio and video technology company, is using ParkMyCloud to reduce its annual AWS spending by $55,000, according to Satnam Bains, Avid’s Global Director of Infrastructure Services. “Once our teams understand the AWS charging model of compute by the hour, they recognize the need to park instances and engage,” said Bains. “Costs are attached to every hour. Then, the metaphorical penny drops.”

Download the full ParkMyCloud / Avid case study at http://www.parkmycloud.com/download-avid-case-study.

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.

ParkMyCloud Invited to Present at TechBuzz Spring

Fast-growing cloud management firm is helping early customers like Neustar, Sage Software and Avid save thousands on their AWS bills

Dulles, VA, March 23rd, 2016 – ParkMyCloud, the company that built the first programmable on/off switch for idle AWS instances, today announced that it has been selected to present at TechBUZZ Spring. Since TechBuzz was launched in 2011, presenting companies have received more than $357M in aggregate disclosed funding, with many more investments and acquisitions made under undisclosed terms.

ParkMyCloud is one of 16 handpicked companies that will share their company demo and fund-raising pitch on April 6th at PNC Place, the largest LEED Platinum building in Washington, DC.

“One of the most significant milestones for innovative new companies is the validation that comes when they secure genuine customers willing to pay for their product or service,” said Julia Spicer, Executive Director, MAVA and founder of nationally recognized TechBUZZ, “and ParkMyCloud is doing just that, having secured a number of globally recognized customers.  We look forward to welcoming them to the TechBUZZ stage this spring as one of the companies competitively selected to present.”

“Presenting at TechBuzz is truly a milestone in our development,” said ParkMyCloud CEO and Co-Founder Jay Chapel. “The program has gained a top notch reputation as a venue for high-traction companies like ours to plug into the investment and tech landscape.”

About TechBuzz and MAVA
TechBUZZ is one of MAVA’s annual flagship programs and routinely attracts more than 1000 attendees each year at one of three different pitch events held throughout the year.  MAVA is dedicated to fostering excellence in entrepreneurship by bringing together investors and entrepreneurs in a dynamic and meaningful format. TechBUZZ shines a well-deserved light on the visionary innovators and company-builders in our region, and beyond, who are actively pursuing a path toward market entry and have customer validation.

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.

ParkMyCloud Launches Features to Support Multiple Users Across Multiple AWS Accounts

AWS customers of all sizes can now manage up to tens of thousands of instances across hundreds of users and AWS Accounts

Dulles, VA , March 15th, 2016 – Responding to significant demand from Amazon Web Services (AWS) customers, ParkMyCloud, the first programmable on/off switch for idle AWS instances, today announced that its accounts now support multiple users and multiple AWS accounts.

Enterprises including Sage, Neustar, Avid, Wolters Kluwer, Findly and ZestFinance use ParkMyCloud to significantly reduce their AWS EC2 spending by automatically turning off non-production instances when they are not needed – such as 7:00 p.m. to 7:00 a.m. or on weekends.

With the new multi-user, multi-account features, customers can set up ParkMyCloud to mirror their internal structures and processes by:

  • Creating teams, and adding Team Leads and Team Members to their accounts.
  • Adding multiple AWS accounts to a single ParkMyCloud account.
  • Constraining users in one team from seeing another team’s AWS instances.
  • Seeing a single view of all of an organization’s teams and linked AWS accounts.

“IT operations and infrastructure organizations of any size and configuration can now use ParkMyCloud to ‘park’ all of their idle AWS instances,” said ParkMyCloud Chief Technology Officer, Dale Wickizer, “making it even easier to reduce AWS spending.”

“What attracted me to ParkMyCloud was the simplicity of the solution they provide,” said John Neale, Senior Software Engineer at 4Impact. “We had been on the lookout for a product to manage our development servers for sometime and so, with the addition of the multi-user/multi-account features, ParkMyCloud gave us the ability to centrally govern our usage across all of our teams and AWS accounts, thus reducing our AWS EC2 spending and administration time.”

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.