Ashburn, VA — April 17, 9:00 AM ET/ PRNewswire — Umbrella, the all-in-one Cloud Financial Management (CFM) platform by Anodot, today announced that it has successfully achieved both SOC 1 Type II and SOC 2 Type II compliance. These certifications, conducted by Ernst & Young (EY), reinforce Umbrella’s commitment to the highest standards of operational integrity, data security, and financial transparency for enterprise and MSP customers. “Achieving both SOC 1 and SOC 2 compliance is a significant milestone for Umbrella,” said Elisha Ben Zvi, VP R&D and Co-founder of Umbrella. “It validates not only the strength of our operational and security controls but also our ability to consistently implement and enforce them over time. Unlike one-time certifications, Type II audits confirm that our controls are actively monitored and maintained—underscoring our commitment to trust, transparency, and enterprise-grade financial security.” These independent audits validate Umbrella’s internal controls and processes, ensuring that customer cloud financial data is managed with the utmost rigor and accountability. As cloud infrastructure continues to scale, ensuring that systems and workflows meet recognized global standards is critical. The certifications reflect the result of hundreds of hours dedicated to meticulous planning, continuous monitoring, and process refinement—underscoring Umbrella’s ongoing commitment to meeting the rigorous standards established by the AICPA. “For our enterprise and MSP customers, this means enhanced trust in our organization and our platform’s ability to manage and protect their cloud financial data effectively,” added David Drai, CEO and Co-founder of Umbrella. “Our compliance reinforces our dedication to operating at the highest level of accountability. This recognition continues the path Umbrella started—investing dedicated resources to develop a best-in-class product and system, with our customers’ data security as our top priority.” This milestone follows Umbrella’s recent industry recognition as a Visionary in the 2024 Gartner® Magic Quadrant™ for Cloud Financial Management Tools, and a Leader in the MSP Use Case in the 2024 Gartner® Critical Capabilities for Cloud Financial Management Tools report. These honors reflect Umbrella’s innovation, completeness of vision, and strength in delivering scalable, enterprise-grade FinOps solutions for both enterprises and managed service providers. About Umbrella and Anodot Anodot delivers advanced FinOps, business intelligence, and anomaly detection solutions that drive cloud cost savings and operational efficiency. The company operates two specialized business units: Anodot: focused on business intelligence, analytics, and anomaly detection for revenue, customer experience, and operational metrics. Umbrella: focused on AI-powered FinOps solutions that offer full financial control over cloud and SaaS in multi-cloud and Kubernetes environments. Umbrella provides real-time visibility, automated workflows, and actionable recommendations that help organizations reduce up to 40% of their annual cloud spend. Learn more at umbrellacost.com and anodot.com About EY Ernst & Young (EY) is a global leader in assurance, tax, transaction, and advisory services. Through its Service Organization Controls Reporting (SOCR) practice, EY provides independent assessments of client control environments across IT and financial operations. Issuing thousands of SOC reports annually, EY helps organizations demonstrate compliance, build stakeholder trust, and uphold operational excellence. Gartner Disclaimer Gartner, Magic Quadrant for Cloud Financial Management Tools, Dennis Smith, David Wright, Marco Meinardi, Ang Troy, Ken Rothenberger, 15 October 2024. Gartner, Critical Capabilities for Cloud Financial Management Tools, Dennis Smith, Marco Meinardi, David Wright, Ken Rothenberger, Ang Troy, 16 October 2024, ID G00808575. GARTNER is a registered trademark and service mark of Gartner, and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Umbrella, a cloud cost management and monitoring platform, is excited to announce its partnership with ACA Group, a top European MSP. This collaboration aims to provide exceptional value to ACA Group's clients by offering them complete visibility into their cloud expenses. Switching from CloudHealth to Umbrella, ACA Group now enjoys personalized support and expertise in navigating FinOps. Peter Jans, Manager Cloud at ACA Group, commented: "Transitioning from our existing cost monitoring platform to Umbrella has been a great experience for our organization. The real-time data-driven insights Umbrella offers have greatly influenced our operations, insights, and proactive services, opening the path for great customer experience and a long-term partnership." ACA Group and its clients can now leverage Umbrella's cutting-edge features. Including: A user-friendly interface Convenient tailor-made platform access for ACA customers to monitor their cloud expenditures The ability to resolve billing and invoicing challenges effortlessly Multi-cloud integration and Datadog Cost integration This partnership brings several key highlights. Firstly, Umbrella seamlessly synced ACA Group's 3-year backlog onto their platform without causing interruptions to their operations. Secondly, the ACA Group gains multi-cloud dashboards and advanced anomaly detection capabilities to increase efficiency across all AWS environments. Melissa Abecasis, Director of Customer of Umbrella, said: "We are thrilled about our new partnership with ACA Group. Together, we have the potential to transform how MSPs communicate cloud cost insights to their customers. We are excited about building a prosperous FinOps relationship for years to come." By leveraging Umbrella's advanced cloud cost management services and ACA Group's dedication to providing top-notch cloud cost insight, both companies are set to revolutionize MSP services in Europe and beyond.

ASHBURN, Va. July 7, 2022/PRNewswire/ -- Umbrella, the business monitoring company, today announced that it has been named as a Challenger and Fast Mover in the 2022 GigaOm Radar for Evaluating Financial Operations (FinOps) Tools report. Umbrella for Cloud Cost was ranked as exceptional in the key criteria categories of flexibility, scalability, AI to predict future spending, normalized billing across multiple cloud vendors, identification of cost optimization opportunities, and container and serverless computing. As companies increasingly digitize and shift to remote work, hybrid and multi-cloud infrastructures are increasingly becoming the norm. But runaway costs due to cloud blind spots, unmonitored growth, and unintended or unanticipated spending have emerged as a major challenge for enterprises across industries, especially as companies contend with today's economic uncertainty. The GigaOm Radar Report outlines issues, trends, and purchase considerations for prospective customers. It identifies key criteria and evaluation metrics for selecting a FinOps platform. The report also provides a forward-looking analysis that carefully plots the relative value and progression of the various FinOps solutions available on the market. "Umbrella's inclusion in this analysis is a testament to the value we bring to the market and to the innovativeness of our technology," said David Drai, CEO and Co-Founder of Umbrella. "The report highlights the need to make financial accountability a key part of organizations' response to uncontrolled cloud spending. At Umbrella, we pride ourselves on providing augmented analytics that enable companies to do just that: Cut unnecessary cloud costs and eliminate waste. We are thrilled to be recognized for our bold strategy and proven track record for cloud intelligence." Umbrella for Cloud Cost optimizes cloud usage while reducing cloud costs by monitoring cloud environments end to end – including an accurate breakdown of SaaS and Kubernetes costs. Additionally, its dynamic nature identifies continually updated services offered by cloud providers and new generations of servers and creates recommendations accordingly. The GigaOm Radar Report highlights how Umbrella leads other vendors in the market in terms of the flexibility to manage new types of workloads and IT projects, as well as the scalability to meet global enterprise needs. Umbrella for Cloud Cost customers include Amdocs, NICE, WhiteSource, Fiverr, and many others. "Umbrella gives us visibility and control on cloud billing at a granularity we have never seen before," said Rubi Cohen, Cloud Manager at Amdocs. "The recommendations they generate save us a huge amount in our cloud bill." Umbrella also stood out for its use of AI to predict costs based on historical trends and optimize costs beyond computing instance sizing. Moreover, it is a market leader in normalizing billing across cloud vendors, excelling at identifying cost reduction opportunities. "Umbrella has demonstrated its impressive ability to visualize and optimize cloud costs. The granularity and speed-to-awareness of Umbrella's solutions exceeds the market norm and, with regards to serverless and container spend, Umbrella is one of a few vendors providing accuracy in forecasting for cloud workloads," said Michael Delzer, Cloud and Infrastructure Analyst at GigaOm. "We look forward to seeing Umbrella continue to expand its capabilities and maintain momentum in the cloud industry." The full report can be viewed here. About Umbrella Umbrella is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue and manage cost. Leveraging AI and ML, Umbrella's augmented analytics proactively alert companies to revenue-critical business incidents and automates their remediation in real time. Umbrella's Cloud Cost Management solution helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, providing actionable recommendations that can cut up to 40% on annual cloud spend. Umbrella is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%.