Granulate, a Tel Aviv, Israel-based company that optimizes infrastructure and workload performance in real-time and allows businesses to cut compute costs and increase revenue, raised $12m in Series A funding.
The round, which brought total capital raised to date to $15.6m, was led by Insight Partners, with participation from TLV Partners and Hetz Ventures. Following the investment, Lonne Jaffe, Managing Director at Insight Partners will join Granulate’s Board of Directors.
The company intends to use the funds to expand globally, to triple the workforce and grow all departments from research and development (R&D) to sales and marketing.
Led by Asaf Ezra and Tal Saiag, Granulate provides a real-time platform that provides agnostic deep infrastructure and workload continuous optimization for higher performance and cost improvements, without requiring any changes in the customer’s code. The solution performs ongoing adaptations to continuously tailor and streamline the application data-flow to fit each specific business’ needs. Granulate can be quickly installed on any Linux server and any infrastructure type (data-centers, multi or hybrid-cloud) and any environment (Bare-Metal, VMs, Kubernetes and Dockers).