ScaleOps raises $15 million Series A to automate cloud resource management
The Israeli startup’s fully-automated platform continuously optimizes and manages cloud-native resources during runtime
ScaleOps, a startup specializing in cloud resource management, announced on Tuesday that it has raised $15 million in Series A funding. The company also revealed that it previously raised $6.5 million in Seed funding.
Full list of Israeli high-tech funding rounds in 2023
The Seed and Series A funding rounds announced today were led by Lightspeed Venture Partners, NFX, and Glilot Capital Partners.
ScaleOps’ platform helps companies fully automate their production environments, achieving up to 80% cloud cost savings and delivering better-running applications, according to the startup. ScaleOps’ fully-automated platform continuously optimizes and manages cloud-native resources during runtime. The platform is installed on any cloud provider, on-premises and in air-gapped environments.
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ScaleOps, which employs 30 people, including 25 in Israel, was co-founded by Yodar Shafrir (CEO), and Guy Baron (CTO). The company currently automatically manages the production environments of industry leaders like Wiz, PayU, Orca Security, At-Bay, RTL, OutBrain, Salt Security, Noname Security, and dozens more. start
