WK Corporate Finance advises on A Cloud Guru Series A funding

On-demand cloud training software company, A Cloud Guru has raised $7m in Series A funding, which it will use to further expand its training programs and bolster its market position in the US.

The funding comes from Boston-based Elephant Venture Capital, which is led by Warby Parker co-founder Andy Hunt, and Jeremiah Daly, formerly of Accel Partners.

A Cloud Guru was founded in 2015 by Australian brothers Ryan and Sam Kroonenburg from their bedrooms in London and Melbourne, respectively. In the time since, it has offered its online training courses for Amazon Web Services (AWS) to more than 250,000 students in 160 countries across six continents to date, and secured corporate customers like Expedia, Capital One and Xero.

Co-founder Sam Kroonenburg says finding the right investors who had a solid entrepreneurial skillset was crucial to securing the funding. “I have a lot of respect for people who have founded their own businesses and have done the hard yards themselves. I really appreciate the advice [they will contribute]”.

Headquartered in London (but with American & Australian operations), A Cloud Guru bills itself as the world’s first entirely serverless startup and is seeking to disrupt the cloud computing sector by providing on-demand online training starting at $19 in a market where alternative AWS training options can cost upwards of $2,000, according to the company.

A Cloud Guru says it will use the funding to expand its content offering to encompass all major cloud vendors, in addition to expanding its current Amazon Web Services training programs. It will also be introducing certification-prep courses for Google Cloud Platform and Microsoft Azure, while expanding its training courses for Salesforce and Linux.

Ryan Kroonenburg (Co-founder, A Cloud Guru) commented:

"Andy and the team at WKCF helped us secure the best possible deal with Elephant and oversaw a smooth process through to completion".

Andy Coghlan (Managing Partner, WK Corporate Finance) commented:

"We were delighted to advise Sam and Ryan on the Elephant Investment, A Cloud Guru has a hugely exciting future and an ideal Partner in Elephant to help them realise their ambition".

If you have any questions in relation to this deal or the sector, please contact: Andy CoghlanAdam Hart

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