Company
Date Published
Author
Yuri Frayman
Word count
476
Language
English
Hacker News points
None

Summary

Cast AI has reached a significant milestone by closing an oversubscribed $108 million Series C round, led by G2 Venture Partners and SoftBank Vision Fund 2, with participation from several notable investors. The company was founded to maximize software effectiveness, and its platform, Cast AI, has expanded to address multiple inefficiencies in Kubernetes and cloud infrastructure. By redefining Kubernetes automation and introducing Application Performance Automation (APA), Cast AI has transformed the entire cloud operations landscape, enabling instant deployment of hyper-efficient GPU instances and transforming companies' approach to performance optimization. With significant growth across all geographies and industries, Cast is now trusted by over 2,000 companies and has expanded its global footprint with new offices in India and Singapore. The company aims to make APA ubiquitous in DevSecOps, leveraging the Series C funding to continue pioneering cloud automation and delivering greater value for customers through several exciting product announcements.