TotalCloud Company Profile

Background

Overview

TotalCloud, founded in 2016, developed a cloud management platform designed to streamline cloud operations through interactive workflows. The platform enabled cloud engineers to create workflows without coding, enhancing cloud visibility and operational efficiency.

Acquisition

In August 2021, TotalCloud was acquired by Qualys, a leading provider of cloud-based security and compliance solutions. This acquisition aimed to integrate TotalCloud's workflow automation capabilities into Qualys' Cloud Platform, enhancing its cloud security offerings.

Key Strategic Focus

Cloud Workflow Automation

TotalCloud's primary focus was on automating cloud management tasks. The platform allowed users to build workflows by dragging and dropping components, facilitating tasks such as compliance checks and remediation without the need for coding.

Integration with Qualys

Post-acquisition, TotalCloud's technology has been integrated into Qualys' Cloud Platform, enabling customers to automate security and compliance workflows across multi-cloud environments. This integration supports tasks like asset tagging, alerting, and vulnerability scanning, enhancing overall cloud security posture.

Financials and Funding

Funding History

Prior to its acquisition, TotalCloud secured funding through various rounds:

Accelerator/Incubator Round (October 2017): Raised approximately $767,000.

Seed Round (January 2018): Amount undisclosed.

Acquisition Details

Acquisition Date: August 19, 2021

Acquisition Amount: $1.2 million

Acquirer: Qualys

Technological Platform and Innovation

No-Code Workflow Automation

TotalCloud's platform featured a no-code interface, allowing users to create and manage cloud workflows through a visual, drag-and-drop interface. This innovation simplified complex cloud management tasks and reduced the need for specialized coding skills.

Integration Capabilities

The platform supported integration with various tools such as ServiceNow, Jira, and Splunk, enabling automated alerting, change management, and analytics within cloud workflows.

Leadership Team

Founders

Pradeep Kumar: Co-founder of TotalCloud, instrumental in developing the company's vision and technological direction. Post-acquisition, he joined Qualys to continue advancing cloud security solutions.

Competitor Profile

Market Insights and Dynamics

The cloud management solutions market is characterized by rapid growth, driven by increasing adoption of multi-cloud environments and the need for efficient cloud operations. Key trends include the rise of no-code platforms and the integration of security and compliance into cloud management tools.

Competitor Analysis

Datadog: Offers monitoring and analytics for cloud-scale applications, focusing on infrastructure monitoring, application performance monitoring, and log management.

Pax8: Provides cloud distribution services, enabling managed service providers to offer cloud solutions to their clients.

Cloudamize: Specializes in cloud migration and cost optimization, offering analytics to support cloud strategy and execution.

AppDirect: Delivers a platform for selling, distributing, and managing cloud-based services, focusing on subscription commerce.

Sumo Logic: Provides cloud-native machine data analytics, offering real-time insights into application performance and security.

Strategic Collaborations and Partnerships

Integration with Qualys

The acquisition by Qualys has led to the integration of TotalCloud's workflow automation technology into Qualys' Cloud Platform. This collaboration enhances Qualys' capabilities in cloud security, allowing for automated remediation workflows and improved compliance management.

Operational Insights

Competitive Advantages

TotalCloud's no-code workflow automation platform provided a significant competitive advantage by simplifying cloud management tasks and reducing the need for coding expertise. This approach addressed a critical need in the market for user-friendly cloud management solutions.

Market Position

Post-acquisition, TotalCloud's technology has strengthened Qualys' position in the cloud security market, offering customers enhanced capabilities for automating security and compliance workflows across multi-cloud environments.

Strategic Opportunities and Future Directions

Expansion of Automation Capabilities

The integration of TotalCloud's technology into Qualys' platform presents opportunities to expand automation capabilities, particularly in areas such as vulnerability management, compliance checks, and incident response.

Enhancing Multi-Cloud Security

As organizations continue to adopt multi-cloud strategies, the need for comprehensive security solutions grows. The combined strengths of TotalCloud and Qualys position the company to address these challenges by offering integrated, automated security workflows.