Company raises $7.75M to tackle the real problem: making cloud spend predictable and actionable across the organization, not just smaller
Jim Moses joins as Director of Hyperscaler Strategy
SAN FRANCISCO, Feb. 18, 2026 /PRNewswire/ — Duckbill today announced Skyway, its unified cost management data platform. The cloud cost management company also raised $7.75 million from Heavybit, Uncork Capital, and Encoded Ventures to accelerate the platform’s development and expand its team of seasoned cloud cost experts.
The funding comes as enterprises face mounting “cloud dissatisfaction“—not because cloud is expensive, but because consumption-based billing has created unprecedented complexity. With AWS alone offering 2.3 million SKUs, finance teams can no longer predict or explain their infrastructure costs the way they could with traditional capital expenses.
“The industry drove right past the actual problem. Cloud bills aren’t too big—they’re too unpredictable,” said Corey Quinn, Chief Cloud Economist and Co-founder at Duckbill. “Finance doesn’t lose sleep over whether your cloud bill is $1 million or $100 million. They lose sleep when it jumps 30% and nobody can explain why. That’s the crisis we’re solving.”
Beyond Optimization: A Data Platform for Enterprise FinOps
Drawing from seven years managing enterprise cloud costs at massive scale, Duckbill identified a gap in the market. While the industry built tools for finding savings, it left practitioners to figure out the other 90% of their work on their own: budgeting, forecasting, investigating variances, training and enablement, negotiating with vendors, governance, and stakeholder management.
Skyway addresses this by making consumption and spend data explorable, predictable, and actionable across the entire organization. Unlike point solutions focused solely on cost reduction, Skyway serves as an open integration point for existing business processes—providing Finance, Engineering, Procurement, Product, and FinOps teams with reliable data they can actually use.
“We know we can’t pry spreadsheets out of anyone’s hands, so we’re not trying to,” said Mike Julian, CEO and Co-founder. “Instead, we’re providing the entire business with more reliable data in an easier, quicker, and cheaper way. We’re building a data platform, not another dashboard telling you to shut off idle instances.”
Skyway turns cloud private pricing contracts into structured data, enabling enterprises to measure commitment performance, validate billing accuracy, track discount impact, and identify new opportunities—capabilities critical for enterprises spending tens of millions annually on cloud infrastructure.
