Spotinst, an infrastructure as a service platform for enterprises of all sizes, closed a $2 million series A round led by PICO Venture Partners, the startup announced today.
The Tel Aviv-based Spotinst says it offers a cloud optimization service that “chooses the most effective cloud option for its customers, ensuring reliability and stability, while saving customers up to 80% on cloud operating costs.”
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1891513,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']Spotinst will use the funds to further expand its technology and grow its client list, said PICO Venture Partners’ Todd Kesselman.
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