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Reserved.AI raises funds for cloud cost optimisation

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Summary: Seattle-based Reserved.AI raised $3.3m from Amplify Partners and Pioneer Square Labs. Founded in June 2019, Reserved.AI already claims over 20 active customers for its AWS financial management tool. It claims to have saved its customers over $2m, with an average of 35% savings on their AWS bill. The company plans to use the funds to expand its sales team and expand its product to support Microsoft Azure and Google Cloud. There has been no shortage of cloud cost optimisation platforms and a number of them have already reached successful outcomes. The next opportunity to be addressed in this space is multi-cloud support.

The post Reserved.AI raises funds for cloud cost optimisation appeared first on Structure Research | Cloud, Hosting & Data Centres.


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