July 4, 2017 | Spotinst, an Israeli cloud cost management startup founded in 2015, has raised $15 million from Intel Capital and Vertex Venture Capital in a Series A financing round. Previously, the company raised $2 million from PICO Ventures. The company, founded by CEO Amirm Shachar, chief architect Lirn Polak, and CTO Aharon Twizer, is looking to expand its services and locations. Spotinst saves customers’ computing costs by providing an optimal management platform for optimization.
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