Zesty Raises $35M in Series A Funding

Zesty co-founders Alexey Baikov, CTO, and Maxim Melamedov, CEO

Zestya Tel Aviv, Israel-based provider of AI-driven cloud management technologies for real-time optimization, raised $35m in Series A funding.

The round was led by Next47 with participation from new investors Sapphire Ventures and Samsung Next, and returning investor S-Capital.

The company, which has now raised $42m in total since its founding in 2019, intends to use the funding to expand operations and its business reach.

Founded in 2019 by Maxim Melamedov, CEO, and Alexey Baikov, CTO, Zesty is an AI-driven cloud management technology company that auto-scales cloud resources to fit real-time application needs. It is used by organizations such as Armis, Gong, Yotpo, and other.