ProsperOps, an Austin, TX-based provider of an autonomous cloud cost optimization platform, raised $72M in funding.
The round was led by H.I.G. Growth Partners and other investors.
The company intends to use the funds to further scale its platform capabilities, engineering, and go-to-market teams, as well as expand from Amazon Web Services (AWS) to additional cloud providers.
Founded in 2018 and led by CEO Chris Cochran, ProsperOps provides a FinOps automation platform that offers an autonomous cloud cost optimization experience that automatically manages discount instruments to maximize compute savings and minimize commitment risk.
Today, the company administers savings for nearly $800M of compute usage and analyzes nearly 20 million customer environment changes per month for some of the world’s leading born-in-the-cloud businesses, including Coinbase, Drift, and Wix.
It is also available directly through the AWS Marketplace.
FinSMEs
23/02/2023