ScaleOps Raises $21.5M in Funding


ScaleOps, a Tel Aviv, Israel-based startup specializing in cloud resource management, raised $21.5M in funding.

The round was led by Lightspeed Venture Partners, NFX, and Glilot Capital Partners.

The company intends to use the funds for its global expansion to the US and Europe. 

Led by Yodar Shafrir (CEO), and Guy Baron (CTO), ScaleOps automates the management of cloud environments, enabling organizations to focus on their core business objectives and reduce cloud costs. It provides an automated platform that continuously optimizes and manages cloud-native resources during runtime, which is installed quickly on any cloud provider, on-premises and in air-gapped environments. 

ScaleOps ensures application scaling matches real-time demand. Instead of static allocations, it allocates resources dynamically, automatically rightsizing containers based on application needs. The platform also ensures every container runs in the most suitable node type, significantly cutting cloud costs. 

The company has experienced rapid growth worldwide, and today it automatically manages the production environments of industry leaders like Wiz, PayU, Orca Security, At-Bay, RTL, OutBrain, Salt Security, Noname Security, and dozens more.