ScaleOps has raised $130 million in Series C funding. This values the company at over $800 million. Insight Partners led this round, bringing ScaleOps’ total funding to more than $210 million. This is evidence of the company’s expertise in the field of autonomous cloud and AI resource management. The demand for scalable cloud and AI solutions is growing rapidly. Manual tools can no longer meet the demand. ScaleOps is here to meet the demand with its platform for the management and scaling of compute and GPU resources. It manages the resources based on the demand of the workload without any human intervention.
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It can cut infrastructure costs by up to 80%. It also lets engineering teams focus more on innovation. “Compute is the defining bottleneck of the AI era, and the way most enterprises manage compute was built for a world that no longer exists,” said Yodar Shafrir, CEO and Founder at ScaleOps. “Static allocation and manual tuning simply can’t keep up with the speed and complexity of modern production environments.” With rapid growth and adoption among leading enterprises, ScaleOps plans to use the funding to expand its platform capabilities and global footprint.