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- DoiT
DoiT Funding, Investors & Competitors
DoiT has raised $110M across 2 funding rounds, most recently a $100M Series A in October 2019.
Last DoiT funding round
$100M
Series A · Oct 2019
Cumulative funding DoiT raised
$110M
across 2 funding rounds
Key investors in DoiT
Charlesbank Capital Partners
Alaska Permanent Fund
About DoiT
DoiT is a cloud-technology company that combines managed services with software for optimizing public-cloud use and cost. It serves technology companies and enterprises operating workloads on Google Cloud and Amazon Web Services and earns revenue through cloud-resale margins, professional services and software subscriptions. Its operating model combines cloud architecture support, billing optimization, FinOps tooling and around-the-clock technical assistance. Founded in 2011, it is headquartered in Santa Clara, USA. Charlesbank Capital Partners backed the company during the period of APFC’s direct investment. For investors, the business provides exposure to public-cloud consumption, FinOps adoption and recurring infrastructure-management demand, with performance depending on sector demand, execution and the company’s capital structure. DoiT serves B2B customers through activities spanning Cloud Infrastructure, IT Consulting and Financial Management Software.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
DoiT Funding History
DoiT has raised a total of $110M across 2 funding rounds.
DoiT's first fundraising round was a $10M strategic investment round in January 2019. The most recent completed round was a $100M Series A in October 2019.
DoiT funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2019 | Series A | Charlesbank Capital Partners (lead) | $100M | DoiT International, a provider of public cloud optimization software and expertise, announced an investment of over $100 million from Charlesbank Technology Opportunities Fund (managed by Charlesbank Capital Partners) and affiliated investors in November 2019, marking its first outside investment. The funding, dated around October 29, 2019, was intended to enhance its machine learning-based software platform, expand its global team of cloud architects, grow in North America and Europe, and pursue strategic acquisitions. DoiT supports complex public cloud workloads including multi-cloud Kubernetes, real-time data analytics, and machine intelligence across major providers. The company reported being on track to more than double its revenue in 2019, delivering value to technology customers by optimizing cloud spend. MVP Capital advised DoiT, with Bain Capital Credit and Deutsche Bank Direct Lending providing transaction financing. Post-investment, DoiT pursued growth, including the acquisition of superQuery, as noted in later announcements referencing the Charlesbank investment. No specific post-money valuation, revenue figures, ARR, EBITDA, or valuation multiples were disclosed in connection with this round. Charlesbank highlighted partnering with DoiT's management as the fund's second investment. |
| Jan 2019 | Strategic investment | Alaska Permanent Fund | $10M | APFC’s February 2020 packet reports a USD 10 million direct investment in DoiT during the quarter ended December 31, 2019. The later holdings schedule records USD 7.25 million funded and confirms the 2019 vintage. DoiT is a cloud-technology company that combines managed services with software for optimizing public-cloud use and cost, serving technology companies and enterprises operating workloads on Google Cloud and Amazon Web Services. The company earns revenue through cloud-resale margins, professional services and software subscriptions, while its operating model relies on cloud architecture support, billing optimization, FinOps tooling and around-the-clock technical assistance. The transaction gave the fund exposure to public-cloud consumption, FinOps adoption and recurring infrastructure-management demand; that rationale is an inference from the target’s business and APFC’s direct-investment program, not a quoted statement of intent. Charlesbank Capital Partners backed the company during the period of APFC’s direct investment. |
Who has invested in DoiT?
2 investors have backed DoiT across its funding rounds, including Charlesbank Capital Partners and Alaska Permanent Fund.
Lead investors include Charlesbank Capital Partners.
DoiT Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialAcquisitions by DoiT
DoiT has acquired 7 companies to date.
Last acquisition by DoiT was on July 6th 2026. DoiT acquired Attribute for undisclosed valuation.
Latest Acquisitions by DoiT
| Description | Attribute is a cloud cost management platform that automatically allocates expenses to customers, teams, and product features without manual tags, applying eBPF technology for attribution across shared resources. | SELECT is a platform helping Snowflake users gain spend visibility, optimize performance, and reduce costs. | CloudWize is a Tel Aviv-based SaaS platform for cloud architecture governance and compliance monitoring across AWS, Azure, and Google Cloud. The tool maps dependencies, detects misconfigurations, and enforces policies using AI-driven insights. CloudWize serves enterprises with FinOps practices, integrating with Terraform and Kubernetes for continuous visibility. Launched in 2020, it supports over 100 organizations in optimizing multi-cloud postures. | PerfectScale is a Kubernetes optimization platform helping DevOps teams improve performance, availability, and cost efficiency through continuous data-driven insights. | |
| HQ Country | |||||
| HQ City | Tel Aviv | - | San Francisco, CA | Raleigh, NC | |
| Deal Date | 6 Jul 2026 | 15 Dec 2025 | 23 Oct 2025 | 4 Feb 2025 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all DoiT acquisitions and their M&A valuation multiples. Start Free Trial | |||||
DoiT Competitors
DoiT competitors include listed companies like Moody's and Nebius Group, and private ones like Socure, Thought Machine, Databricks and Nscale.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $315M | - | $5.2B | - | ||
| Private | $63M | - | $3.6B | 56.7x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $7.7B | $3.8B | $87B | 11.4x | ||
| Publicly listed | $530M | $512M | $35B | 12.7x | ||
| Private | - | - | $15B | - |
DoiT Public Comps
DoiT is still privately-owned, but its public comps include Microsoft, Alphabet, Amazon, Cisco, Oracle, SAP, Alibaba Group, IBM, CrowdStrike and Dell.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $332B | $205B | 11.9x | 11.1x | 19.2x | 18.2x | |||
| $403B | $176B | 8.4x | 7.0x | 19.2x | 15.3x | |||
| $717B | $161B | 4.1x | 3.6x | 18.4x | 14.1x | |||
| $63B | $19B | 6.1x | 5.8x | 20.0x | 15.1x | |||
| $67B | $33B | 7.2x | 6.3x | 14.9x | 11.1x | |||
| $41B | $13B | 6.6x | 6.1x | 20.9x | 19.0x | |||
| $154B | $15B | 1.7x | 1.6x | 17.4x | 12.0x | |||
| $68B | $17B | 4.3x | 4.1x | 17.3x | 14.5x | |||
This data is available for Pro users. Sign up to see all DoiT competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DoiT
| When was DoiT founded? | DoiT was founded in 2011. |
| Where is DoiT headquartered? | DoiT is headquartered in San Jose, CA, United States. |
| Is DoiT publicly listed? | No, DoiT is a private, VC-backed company. |
| How much funding has DoiT raised? | DoiT has raised $110M across 2 funding rounds. |
| What was DoiT's last funding round? | DoiT's last funding round was a $100M Series A in October 2019, led by Charlesbank Capital Partners. |
| Who are DoiT's investors? | DoiT's investors include Charlesbank Capital Partners and Alaska Permanent Fund. |
| Which companies are comparable to DoiT? | Companies comparable to DoiT include Socure, Thought Machine, Databricks, Moody's, Nebius Group and Nscale. |
| How many companies has DoiT acquired? | DoiT has acquired 7 companies, including Attribute, SELECT, CloudWize, PerfectScale and LiveDiagrams. |
| What was the largest acquisition by DoiT? | The $5M acquisition of superQuery in February 2020 is the largest acquisition DoiT has made to date. |
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