Funding news: Upbound raises $60 million for cloud infrastructure, competitive intelligence startup Klue hits $62 million

News: Launch of Seattle-based cloud management platform Upward raised $60 million in new funding. Upbound helps enterprise customers consolidate and streamline their workflow in the cloud.

Gist: Upbound has built a “Common Cloud Platform” for users to manage multiple cloud provider environments and migrate to different clouds, such as between Amazon Web Services and Microsoft’s Azure. The platform also simplifies the operating environment for developers.

Technology: Upbound leverages Kubernetes, the open source container orchestration project originally developed at Google to manage complex cloud deployments. The 30-person startup is also behind Crossplane, an open source cloud management project.

Supporters: Altimeter Capital led the Series B round, a component of new funding. Participating investors are GV, Intel Capital and Telstra Ventures. The new funding brings Upbound’s total funding to $69 million.

Remove: Companies want to avoid being locked into a single cloud provider. Upward can make them more agile. “We started Upbound 4 years ago when we realized the industry was at a critical juncture and customers more than ever wanted to use the service and deploy summaries across multiple providers,” said founder. cum CEO Upbound said Bassam Tabbara in statement. Tabbara launched Upbound in 2017 after partnering with Quantum, Symform (a startup he co-founded that Quantum had acquired); and Microsoft.

Other transactions:

– Start-up business intelligence Klue raised $62 million. Vancouver-based Klue pulls data from sources ranging from news posts to competitor websites to provide data on business competitors. Klue aims to have customers “ready and armed to take on their competitors head-on, rather than being blindsided,” the CEO said. Jason Smith in one blog post. Smith, a former president of Vision Critical, co-founded the company in 2015 with a former Sophos . executive Sarathy Naicker.

Tiger Global led a Series B round with participation from Salesforce Ventures. Funding for the six-year-old startup builds on a $15 million Series A round last year.

– HaptX, making realistic gloves for VR and robotics, 4 million dollars in revenue from Crescent Cove Advisors, bringing Series A funding to the Redmond, Wash-based startup. to $28 million.

– Vancouver, based in BC Biosciences Lucent, developed a new agricultural fertilizer that uses cellulose fibers as a dispensing agent, lift up 4.2 million dollars.