Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Pico Venture Partners lead $2 million Series A for Spotinst

  • Region:

    Israel

  • Sector:

    Consumer Services

  • Deal Size:

    $2 million

  • Buy Side Company:

    PICO Capital Partners
  • Sell Side Company:

    Spotinst
  • Target Company:

Tel Aviv based Spotinst closed a $2 million Series A financing round led by Pico Venture Partners. Spotinst helps business manage both the cost and management of these spot instances, with support for Google Cloud Platform’s preemptible machines and Azure, which doesn’t currently offer spot instances, coming soon. Spotnist plans to use the new funding to expand operations in the US and invest in R&D efforts to increase the offering on AWS and to start working with Google Cloud and Azure.

Tags:

VC Deals,Pico Venture Partners,Spotinst,Capital raise