Miami based automation and cost management startup raised $20m in new funding led by Creandum.
“We decided to build a platform that would help companies automatically optimize and reduce their cloud costs — without manual intervention. The need for such a platform became clear after we co-founded Zenedge, a cloud-based cybersecurity platform that was ultimately acquired by Oracle. As our application scaled up, we watched our cloud bill exponentially increase from thousands of dollars to millions of dollars … Our goal [with Cast AI] was to build the product we wished we had at Zenedge.”
https://techcrunch.com/2023/03/16/cast-ai-raises-20m-to-help-companies-reduce-cloud-spend/
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