YotaScale Raises $8m in Series A Financing

yotascale-logoYotaScale, a Menlo Park, Calif.-based Autonomous Cloud Operations platform provider, raised $8m in Series A financing.

The round, which brought funding total to $11.6m, was led by Crosslink Capital with participation from existing investors – Pelion Venture Partners (Chad Packard) and Engineering Capital (Ashmeet Sidana).

Led by Asim Razzaq, CEO and co-founder, YotaScale also announced the general availability of its AI-powered cloud operations platform, which delivers intelligent, actionable insights to cloud operations, allowing teams to take application needs into account and optimize the infrastructure to meet business needs. The system uses proprietary machine learning algorithms to process millions of data signals, providing contextually relevant, real-time anomaly detection and recommendations that can be acted upon immediately.
The platform has already been deployed by several enterprise customers, including AdRoll, Highfive, HomeAway, ProtectWise and Reltio.

The company also secured a $3.6m venture round in 2017 from Engineering Capital, Pelion Ventures and angels Jocelyn Goldfein, Timothy Chou and Robert Dykes.



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