Cast AI: Closes $10M Series A Funding

Cast AI Closes $10M Series A Funding

• CAST AI™, a Miami, Fla.-based SaaS company specializing in cost optimization for customers running cloud-native applications in AWS, Microsoft Azure and Google Cloud, completed a $10m Series A funding
• The round was led by Cota Capital, with participation from Samsung Next
• The company intends to use the funds to advance the development of its CAST AI™ Autonomous Kubernetes cloud management platform
• CASTAI is the autonomous Kubernetes management platform that cuts cloud bills in half for AWS, GCP and Azure customers
• The system analyzes millions of data points, always looking for the optimal balance of high performance at the lowest cost
• The platform delivers a cost-efficient, high-performing, and resilient infrastructure for every Kubernetes workload