FinTechFunding

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
Previous article
ContainIQ: Raises $2.5M in Seed Funding
Next article
Assembly: Raises $1.75M in Seed Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...
FinTech

Monzo Strengthens Presence by Going Live in Ireland

UK-based digital bank Monzo expands offering to Irish customers.Highlights: Monzo has officially launched its banking services in Ireland.Irish...
FinTech

Monzo Launches its Services in Ireland to Strengthen Banking Options

UK challenger bank expands its reach into the Irish market.Highlights: Monzo begins operations in Ireland, offering a range...
FinTech

OpenAI Acquires Financial Planning App Hiro

The acquisition aims to enhance OpenAI's financial capabilities.Highlights: OpenAI has acquired Hiro, a financial planning application.The deal emphasizes...