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.
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.