Zesty Raises $75M in Series B Funding

Zesty, a Tel Aviv, Israel-based provider of dynamic cloud infrastructure solutions, raised $75M in Series B funding.

The round was led by B Capital and Sapphire Ventures with participation from previous investors Next47 and S-Capital.

The company intends to use the funds to accelerate the growth of the team and further develop products.

Led by CEO Maxim Melamedov, Zesty helps organizations adapt to changing business needs by making their cloud infrastructure more dynamic. With offerings for compute, block storage, and Kubernetes, the company automatically scales resources to meet application demands in real-time. This allows DevOps teams to reduce cloud costs, maintain optimal app performance, and alleviate the stress of managing static infrastructure.

Zesty’s customer base has grown by 127% from 2021 to 2022 and the company has tripled its revenue since its Series A last year. Customers include hundreds of international companies – including Heap, Gong, Yotpo, Monday, and Wiz.

FinSMEs

13/09/2022