PointFive, a cloud cost optimization platform for enterprise companies, raised $16 million in Seed funding led by Index Ventures. The round also saw participation from Entrée Capital, Sheva Capital, Vesey Ventures, and various angel investors.
Who else raised in Enterprise Software and Cloud Infrastructure around the same time
Companies in the same sectors as PointFive that raised within 45 days of this round, from Fundz verified event records.
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Company Information
Company
PointFive
Location
New York, New York, United States
About
PointFive enables continuous cloud cost efficiency through our proprietary DeepWaste™ technology, designed to uncover major savings potential hidden within your cloud infrastructure. Our platform empowers enterprise organizations to proactively address these inefficiencies, and provides a tremendous opportunity to optimize valuable resources they may not realize are being wasted.
By offering specific, actionable analysis and recommendations, our innovative approach enables organizations to better manage, optimize, and remediate typically overlooked cost inefficiencies. This not only enhances cost awareness and opportunities for continuous growth, but also fosters better collaboration between FinOps and Engineering teams, paving the way for greater organizational efficiency.
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