New York City based cloud infrastructure spend management startup raised $21m in Series A funding led by Scale Venture Partners.
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Vantage raises $21m in Series A funding
As Schaechter told me, Vantage is also profiting from the current downturn in the financial markets. Not only has FinOps become a thing, but companies are now actively looking for ways to bring down their infrastructure cost. “What’s changed in the environment is that we had a decade-long bull market where everyone was focused on growth. That’s obviously stopped or slowed — and as a result, everyone’s flipping to the bottom lines. Now it's: What can you optimize?” he said.
