Cast AI, a Florida-based company with an AI-driven cloud optimization platform, has raised a $20M funding round led by Creandum.
The company’s platform purports to cut cloud costs, optimize DevOps, and automate disaster prevention.
- Cast
AI was founded in 2019 and offers the leading all-in-one platform for
Kubernetes automation, optimization, security, and cost management.
- The
platform analyzes an organization’s cloud usage to provide
recommendations for the ideal optimization of computing resources.
- According to its website,
Cast AI can save organizations up to 75% on their cloud bills by
providing a custom savings report, selecting the best combination of
resources, and enabling continuous cloud cost monitoring.
- Cast AI can be used to optimize the cloud for customers using Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.
- The
company has raised $43.2M since its launch and plans to use its latest
funds to hire more staff and add more automated security capabilities to
its platform.
