Center for Technology in Government

CoreStack Announces Grand Opening of New Facility to Accelerate Product Development and Innovation

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Thursday, August 4, 2022
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With over 300 employees, the new facility gives the company adequate space to continue to grow and support its increasing customer base.

Key Points: 
  • With over 300 employees, the new facility gives the company adequate space to continue to grow and support its increasing customer base.
  • CoreStack is expecting the Chennai office to outgrow this new facility within the next 12 months.
  • CoreStacks NextGen Cloud Governance fabric helps enterprises, managed service providers (MSPs) and global system integrators (GSIs) increase top-line and enhance bottom-line efficiencies.
  • CoreStack works with many large global customers across multiple industries including Financial Services, Healthcare, Retail, Education, Telecommunications, Technology and Government.

CoreStack Appoints UiPath Veteran Murli Mohan as MD – Sales, IMEA

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Wednesday, May 11, 2022
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Murli has built and led sales and business development at UiPath, IBM, Dell, and now, he will be helping CoreStack expand its footprint in the IMEA region.

Key Points: 
  • Murli has built and led sales and business development at UiPath, IBM, Dell, and now, he will be helping CoreStack expand its footprint in the IMEA region.
  • Murli joins CoreStack after completing a rich 27-year long career journey in leadership roles with companies like UiPath, IBM, and Dell Software (now Quest Software).
  • I am truly excited to be a part of the supercharged team at CoreStack and look forward to scaling our business to the next level, said Murli Mohan, MD Sales (IMEA) at CoreStack.
  • "We're excited to accelerate the expansion of our sales team with a seasoned veteran like Murli Mohan," said Manish Bharti, CRO at CoreStack.

CoreStack Appoints Former President at UiPath Manish Bharti as Chief Revenue Officer

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Wednesday, December 1, 2021
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CoreStack, a global cloud governance provider that empowers enterprises to unleash the power of cloud by enabling continuous and autonomous cloud governance at scale, today announced it has appointed Manish Bharti, former President at UiPath, as its Chief Revenue Officer (CRO).

Key Points: 
  • CoreStack, a global cloud governance provider that empowers enterprises to unleash the power of cloud by enabling continuous and autonomous cloud governance at scale, today announced it has appointed Manish Bharti, former President at UiPath, as its Chief Revenue Officer (CRO).
  • Manish joins an expanding leadership at CoreStack, which is backed by a stellar executive team and industry-leading advisors.
  • Manish will continue this momentum by building global GTM teams, Operational rigor, and world-class sales practices to help build global presence.
  • CoreStacks unique approach to cloud-native governance has proven to be a winning proposition for leading enterprises globally, said Manish Bharti, CRO at CoreStack.

CoreStack Closes $30 Million Series B Financing Round Led by Avatar Growth Capital

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Tuesday, November 23, 2021
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CoreStack, a global multi-cloud governance SaaS provider, today announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors.

Key Points: 
  • CoreStack, a global multi-cloud governance SaaS provider, today announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors.
  • This brings CoreStacks total funding to $45 million, following its Series A in March 2020, underscoring the growing enterprise demand for multi-cloud governance solutions.
  • Avatar Growth Capital Managing Director Abhay Havaldar will join CoreStacks Board of Directors, upon required legal clearances.
  • The Series B financing is a result of CoreStacks significant advances in product innovation, remarkable customer growth, and partnerships with Amazon AWS, Microsoft Azure and Google Cloud.

Corestack Wins 2021 Cloud Disruptor Stratus Award

Retrieved on: 
Thursday, October 7, 2021
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CoreStack, a global cloud governance provider that empowers enterprises to unleash the power of cloud by enabling continuous and autonomous cloud governance at scale, today announced that The Business Intelligence Group named CoreStack winner as Cloud Disruptor in the 2021 Stratus Award for Cloud Computing in their annual business award program.

Key Points: 
  • CoreStack, a global cloud governance provider that empowers enterprises to unleash the power of cloud by enabling continuous and autonomous cloud governance at scale, today announced that The Business Intelligence Group named CoreStack winner as Cloud Disruptor in the 2021 Stratus Award for Cloud Computing in their annual business award program.
  • This award recognizes the great work our teams have put into creating a NextGen cloud governance platform that enables continuous and autonomous cloud governance at scale, said Bala Vishwanath, Chief Marketing Officer at CoreStack.
  • CoreStack is a recent recipient of the 2021 Gold Stevie American Business Awards in Cloud Infrastructure, 2021 Stratus Award as Cloud Disruptor and 2021 Globee Gold Winner as the Most Innovative Company of the Year in IT Cloud/SaaS.
  • In addition, CoreStack won the 2021 Best New Products American Business Award in Cloud Governance as well as Golden Bridge Awards for Cloud Computing/SaaS Innovation and Cloud Security Innovation.