ScaleOps, a NYC-based real-time automated cloud resource management company, raised $58M in Series B funding.
The round was led by Lightspeed Venture Partners, with participation from returning investors NFX and Glilot Capital Partners, and new investor Picture Capital.
The company intends to use the funds to expand operations and its development efforts.
Founded by Yodar Shafrir and Guy Baron, ScaleOps offers an automated, real-time cloud resource management platform empowered by AI. The context-aware platform leverages the holistic view of the cluster and considers every application’s needs to remove the organizational friction between application owners and DevOps teams by fully automating resource allocation to meet real-time demand.
ScaleOps introduces two new capabilities: predictive horizontal pod auto-scaling, which uses AI to forecast application loads for real-time scaling, ensuring peak performance and efficient scaling down during low demand. Additionally, intelligent pod placement that optimizes resource allocation by considering application constraints and cluster status, reducing the number of active nodes required.
The platform is self-hosted and runs on any cloud provider, on-premise, or air-gapped environment. Installation takes just two minutes.
Today, ScaleOps automatically manages the production environments of Fortune 100 companies and industry leaders like Wiz, Outreach, SentinelOne, Maxar, Playtika, Orca Security, Cato Networks, and dozens more.
