Cast AI has raised a $20M funding round to help businesses reduce their cloud costs by 50%.
The company claims it has grown 220% quarter-by-quarter.
- Cast
AI is an all-in-one cloud-native automation platform that aims to help
companies reduce their AWS, GCP, and Azure bills by 50%.
- The platform uses AI to analyze compute resources and optimize them quickly and efficiently.
- By
connecting their Kubernetes clusters to Cast AI, users are provided
with specific recommendations that they can use to reduce their cloud
costs significantly.
- Some of the company's clients are:
- Forbes,
- TechCrunch,
- VentureBeat, etc.
- Creandum led the funding round.
- The company aims to use the funding to expand its operations and reach new markets.
- Cast AI is based in Miami, Florida.