ScaleOps, a startup in the niche of cloud spend management tools known as FinOps, aims to optimize cloud resource usage and automate resource optimization.
The company's platform analyzes the performance requirements of individual apps, considers available resources and cost considerations, and works to minimize the size of the app's cloud services footprint.
ScaleOps operates on any cloud, on-premise, or air-gapped environment and aims to reduce waste, improve performance, and streamline workflows between DevOps, FinOps, and application teams.
The company recently closed a $58 million Series B funding round, bringing its total capital raised to $80 million. It plans to expand its customer base and grow its headcount from 60 to over 200 by 2026.