Spotinst, an infrastructure as a service platform for enterprises of all sizes, closed a $2 million series A round led by PICO Venture Partners, the startup announced today.

The Tel Aviv-based Spotinst┬ásays it offers a cloud optimization service that “chooses the most effective cloud option for its customers, ensuring reliability and stability, while saving customers up to 80% on cloud operating costs.”

Spotinst will use the funds to further expand its technology and grow its client list, said PICO Venture Partners’ Todd Kesselman.

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Spotinst is a unique cost-oriented cluster, across data-centers and instance types, auto-scaled and auto-optimised. Spotinst can be deployed on Amazon Web Services, Google Cloud Platform and... All Spotinst news »

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