Spotinst Raises $15 million from Intel Capital and Vertex Ventures

Spotinst, an Israeli startup which seeks to optimize computing infrastructure management, raised $15 million in a Series A financing round from Intel Capital and Vertex Ventures.

spotinst

Spotinst, an Israeli startup which seeks to optimize computing infrastructure management, has raised $15 million in a Series A financing round from Intel Capital and Vertex Ventures.

Spotinst is a company that works with a variety of businesses and seeks to minimize the costs of cloud system management and develop Big Data solutions by changing the way development operations and research teams use their computing capacity.

With this investment, the company says it has a plan for growth, desiring to expand not only its services but its locations as well in order to reach new customers and markets.

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