Spotinst raises $35M and continues to be a market leader

Amiram Shachar

Founder and CEO

August 28, 2018

1 min read

Announcements

Today, we are thrilled to announce our $35 million raise as part of a Series-B funding round led by Highland. All existing investors including Intel Capital, Vertex Ventures, and Leaders Fund have participated, to support our AI based cloud workload management platform. We have raised approximately $52m since we founded the company in 2015.

We are not resting, not even for a moment, as applications and deployments are consolidating around containers and Kubernetes, and we are excited to work closely with our customers to enable Developers and DevOps to deploy ‘Serverless’ Containers, combining the power of containers with a true Serverless experience and zero ops, all while delivering the most cost-effective costs on earth.

All inquiries around Spotinst’s long-term vision always result with the same core answer — our customers == our vision. Approximately 90% of our roadmap items are driven by customers feedback.

We are hoping to continue our mission of delivering a phenomenal customer service while helping customers to optimize and automate their cloud workloads.

Sincerely,

Amiram Shachar
Founder & CEO
Spotinst