From TechCrunch
By Kyle Wiggers
October 23, 2023
Ternary, a platform that helps companies manage how much they’re spending on cloud resources across multiple public cloud providers, today announced that it raised $12 million in a Series A funding round led by Jump Capital with participation from Fin Capital, RiverPark Ventures, Great Oaks Venture Capital and Gaingels. Co-founder and CEO Sasha Kipervarg says […]
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Cast AI raises $20M to help companies reduce cloud spend
Cloud costs remain a top concern for organizations. According to a recent Anodot survey, 50% of businesses are struggling to control them, in part because they lack visibility into their cloud usage. Unsurprisingly, reducing those costs has become a top priority. A report from Wanclouds finds that 81% of IT leaders have been directed by […]
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Britive, which helps secure public clouds, lands $20.5M investment
Proving that there’s still plenty of venture money in cybersecurity, cloud identity security platform Britive today announced that it raised $20.5 million in a Series B funding round. Led by Pelion Venture Partners with participation from Liberty Global Ventures, Crosslink Capital and One Way Ventures, the new brings Britive’s total raised to $36 million. CEO […]
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PointFive snaps up M for breakthrough tech to track usage across multiple clouds
Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive believes it has found a better way to get a grip on that usage, and on Tuesday it announced $20 million in funding from an impressive list of backers to help it square up to the market. New investor Salesforce V
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Cutting your cloud spend? Consider sharing your bill data internally
This is a critical moment for CIOs and other technical leaders to take stock of their cloud and IT budget and usage.
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