spot

Spot

Formerly known as Spotinst

Cloud Deployment Cluster Optimization

Business Overview

Acquired
Operating Status
Feb 2015
Founded
180
Employees
B2B
Business Model
Software
Offering Type
Description
Spotinst is a cost-oriented, cloud-deployment cluster, across data centers and instance types, auto-scaled and auto-optimized. Spotinst can be deployed on Amazon Web Services, Google Cloud Platform, and Microsoft Azure. Spotinst has designated machine-learning software that makes DevOps and financial decisions in real time and saves the overhead and management of cloud-computing purchasing options such as on-demand, reserved, and bidding strategies for spot instances. Spotinst chooses the most cost-effective compute resources based on users' application workload, allowing users to focus on business growth.
Sectors

Founders

Investors

Investor

Investor Type

Series Preference

Series A, Series B, Series D
Seed, Series A, Series B, Series C, Series D, Strategic
Series B

Funding Rounds

$52,600,000
Total Funding

5

Funding Rounds
4.38x
Funding Growth
Series B
Last Funding Series

Date Announced

Funding Round

Amount Raised

Investors

Exit Events and Acquisitions

Date Announced

Transaction

Consideration

Target

Acquirer

Revenues

Date

Revenue Type

Amount

2019
Annual
2019
ARR

AI Technology Stack™

AI Team Size
2
AI Technologies
AI Technologies
AI Cloud Provider

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