# North.cloud secures $60M funding for cloud cost control

> North.cloud's $60M Series B funding aims to help businesses manage AI-driven cloud costs.
- Title: North.cloud secures $60M funding for cloud cost control
- Summary: North.cloud's $60M Series B funding aims to help businesses manage AI-driven cloud costs. North.cloud raised $60 million to forecast and reduce cloud…
- Keywords: north cloud, series b funding, cloud cost management, ai infrastructure, autonomous financial operations, finops platform, microsoft azure, amazon web services, google cloud, technology, enterprise, North
- Source: SiliconANGLE — https://siliconangle.com/2026/10/15/north-cloud-bags-60m-in-funding-to-help-businesses-keep-runaway-cloud-costs-in-check
- Author: Mike Wheatley
- Published: 2026-10-16T01:52:47+00:00
- Read time: 1 min
- Topics: north cloud, series b funding, cloud cost management, ai infrastructure, autonomous financial operations, finops platform, microsoft azure, amazon web services, google cloud, technology, enterprise
## North.cloud raises $60M
North.cloud secured $60 million in Series B funding led by PeakSpan Capital.
## Funding participants
Investors include PeakSpan Capital, Litquidity Ventures, Companyon Ventures, Alpaca, Gaingels, Uncommon Denominator, and Mana Ventures.
## Cloud cost challenges
AI systems cause unpredictable cloud costs as they ping multiple backend systems repeatedly.
## North.cloud's solution
The platform unifies spend intelligence and automates cost optimization to forecast and reduce cloud expenses.
## TokenFlow capability
TokenFlow unifies AI model usage, attribution, budgets, and compute costs under one roof.
## North v3 launch
North v3 expanded support to Microsoft Azure and added integrations with Snowflake and OpenAI models.
## Client savings
Early adopters saved $400 million on cloud and AI infrastructure costs through North.cloud.
## Key takeaway

North.cloud raised $60 million to forecast and reduce cloud spending for AI companies.