Duckbill Raises $7.75M, Launches Skyway Cloud Platform
๐Ÿง#finops#cloud-forecasting#fundingFreshcollected in 31m

Duckbill Raises $7.75M, Launches Skyway Cloud Platform

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๐ŸงRead original on GeekWire

๐Ÿ’กNew platform to forecast enterprise cloud spend amid AI compute explosion

โšก 30-Second TL;DR

What changed

Duckbill secures $7.75M funding

Why it matters

Enterprises running AI workloads can better forecast and control surging cloud costs with Skyway. This launch addresses growing FinOps needs amid AI-driven compute demands.

What to do next

Demo Skyway to forecast AWS costs for your next ML training job.

Who should care:Enterprise & Security Teams

๐Ÿง  Deep Insight

Web-grounded analysis with 6 cited sources.

๐Ÿ”‘ Key Takeaways

  • โ€ขDuckbill, an AWS cost optimization consultant founded by Corey Quinn, is pivoting from pure consulting to software with the launch of Skyway, a financial planning and forecasting platform for enterprise cloud spending[1]
  • โ€ขThe $7.75M funding round supports Duckbill's expansion into software products, marking a strategic shift from advisory services to productized solutions[1]
  • โ€ขSkyway targets enterprise financial planning use cases, addressing the growing need for cloud cost forecasting and optimization tools in organizations managing complex AWS infrastructure[1]

๐Ÿ› ๏ธ Technical Deep Dive

Based on available hiring information, Duckbill's tech stack includes:

  • Frontend: Typescript, React, Redux, Next.js
  • Backend: Typescript, Node, AWS, CDK, Kubernetes
  • Data Infrastructure: PostgreSQL, Elasticsearch
  • Machine Learning: Bedrock and Sagemaker for model hosting
  • Infrastructure as Code: AWS, Pulumi, Terraform, Kubernetes

The platform is designed to handle large-scale cloud cost analysis and forecasting, with infrastructure supporting complex AWS environments and multi-cloud deployments[2]

๐Ÿ”ฎ Future ImplicationsAI analysis grounded in cited sources

Duckbill's transition from consulting to software represents a broader industry trend of cloud cost optimization becoming a critical enterprise function. The $7.75M investment signals strong market demand for automated cloud financial planning tools as enterprises seek to control rapidly growing cloud infrastructure costs. This move positions Duckbill to scale its impact beyond consulting engagements to serve a broader market of organizations managing AWS spending at scale[1][2]

โณ Timeline

2022-01
Duckbill raises $25M Series A led by Initialized Capital and a16z
2026-02
Duckbill raises $7.75M and launches Skyway cloud financial planning platform

๐Ÿ“Ž Sources (6)

Factual claims are grounded in the sources below. Forward-looking analysis is AI-generated interpretation.

  1. geekwire.com
  2. hnhiring.com
  3. nchelluri.github.io
  4. hnhiring.com
  5. hnhiring.com
  6. hnhiring.com

Cloud cost consultant Duckbill, famous for co-founder Corey Quinn's AWS critiques, has raised $7.75M. The funding supports the launch of Skyway, a financial planning and forecasting platform for enterprise cloud spending.

Key Points

  • 1.Duckbill secures $7.75M funding
  • 2.Launches Skyway for cloud spend forecasting
  • 3.Targets enterprise financial planning on AWS
  • 4.Built on expertise from Corey Quinn's AWS analysis

Impact Analysis

Enterprises running AI workloads can better forecast and control surging cloud costs with Skyway. This launch addresses growing FinOps needs amid AI-driven compute demands.

๐Ÿ“ฐ

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Original source: GeekWire โ†—