
Exited
Optimizing cloud computing resources
Spot optimized cloud infrastructure with AI-driven automation. Its platform used analytics and automation to maximize reliability and cost efficiency without compromising performance. Spot’s flagship product, Elastigroup, ensured 100% uptime while reducing cloud computing costs by up to 80%, earning the trust of major customers like Ticketmaster, Demandbase, and Duolingo.
Learn more about why we invested here.
Initial investment
Series A, 2018
Status
Acquired by NetApp