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CloudCheckr and Rackspace Announce $7.5 Million Dollar License Agreement
[October 18, 2016]

CloudCheckr and Rackspace Announce $7.5 Million Dollar License Agreement


CloudCheckr and Rackspace (News - Alert)® (NYSE: RAX) announced today that Rackspace will license CloudCheckr's governance platform to further accelerate its market leading managed service, Fanatical Support for AWS. The license agreement enables Rackspace to enhance its ability to provide customers with a comprehensive and scalable cloud management solution that satisfies cost, security, utilization and compliance concerns.

"Cloud cost and security management are top of mind for all organizations as more and more workloads move to the cloud," said Erik Carlin, VP of Product and Engineering for Fanatical Support for AWS at Rackspace. "CloudCheckr offers a market leading platform in the cloud management space and integrating the CloudCheckr tooling into our Fanatical Support for AWS offer enables us to provide customers and Rackspace engineers and architects with powerful capabilities to optimize spend and mitigate risk in the cloud."

CloudCheckr empowers IT, Security, and Finance teams by uniting cost management, security intelligence, compliance, and cloud automation into a unified cloud management platform for AWS. CloudCheckr increases operational efficiency and reduces risk while helping save money. With this licensing agreement, CloudCheckr gains as a customer one of the leading AWS managed service providers in the industry.

"CloudCheckr is dedicated to providing next-generation cloud management capabilities on top of the AWS platform, and this license agreement demonstrates CloudCheckr's leadership position, uique vision, and the value of our platform to the AWS MSP & Reseller market," stated Aaron Newman, Co-Founder and CTO of CloudCheckr. "Since its launch, Rackspace has established itself as a leading AWS managed service provider with deep technical expertise. We are honored that they have selected CloudCheckr as a cornerstone technology for their Fanatical Support for AWS offering."



Leveraging the CloudCheckr platform, Rackspace customers can now gain valuable insights into cloud spending trends, opportunities to purchase Reserved Instances (RIs) and risk mitigation across all AWS accounts. The CloudCheckr platform has already been integrated into the Fanatical Support for AWS tool, Compass (News - Alert)™, and is immediately available for use by all Fanatical Support for AWS customers.

For more information on Compass, please visit http://www.rackspace.com/managed-aws/compass.


For more information about the CloudCheckr platform and to learn how to turbo-charge your MSP or Reseller business, please visit us at http://www.cloudcheckr.com.

About CloudCheckr

Government organizations and Global 2000 enterprises trust CloudCheckr to unify their native AWS data to deliver the most robust cloud management platform in today's marketplace. CloudCheckr helps customers save on average of 30% on their monthly AWS spend. CloudCheckr's next-gen platform provides total visibility, actionable insights, critical automation and overall governance of the cloud. CloudCheckr helps organizations be more efficient and secure in the cloud while saving money through cost management, security & compliance and cloud automation. By unifying DevOps, Security and Finance teams around the cloud, users ensure they keep their cloud in check. Get started at cloudcheckr.com/getstarted.


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