ProsperOps secures $72M for cloud optimization

 

Texas-based cloud optimization startup ProsperOps has raised a $72M funding round led by H.I.G. Growth Partners.  The company offers an autonomous cloud savings service that purports to increase AWS savings by an average of 68%.  ProsperOps was founded in 2018 and has a platform that enables cost optimization for Amazon Web Services (AWS) customers.  According to its website, ProsperOps creates and optimizes a portfolio of saving plans by aligning discount instruments to the ever-changing consumption needs to ensure that cloud services are not over-provisioned.  Cloud commitments are said to automatically adapt to changing usage.  The startup claims its platform provides enhanced cloud reporting and granular visibility by account, region, resource, and more.  The company will use its fresh funds to hire more staff and add support for more public clouds.