The 10 Hottest Cloud Computing Startups Of 2021 (So Far)
The cloud computing startups, all of which recently landed venture capital funding, range from an MLOps company that emerged from stealth mode in April to an IoT cloud platform provider for hardware developers to a cloud cost management software company.
CEO: Asim Razzaq
Yotascale says its cloud cost management software provides engineering teams complete visibility of cloud costs, enabling them to make more cost-effective decisions and independently validate planned usage for faster buying cycles and a 50 percent reduction in yearly costs.
The Palo Alto, Calif., company bases its “next-generation” approach on unified cost management, collaborative cost optimization and predictive capacity planning. Its solution scales with complexity introduced by modern architectures such as Kubernetes, containers, micro-services and multi-cloud deployments, and provides actionable recommendations within the context of enterprise businesses and systems.
Zoom Video Communications, Hulu and DoorDash are among the Fortune 1000 companies using Yotascale and fueling its 4x year-over-year revenue growth.
Research firm Gartner named Yotascale in its “Cool Vendors in Cloud Computing” report released in May. Yotascale raised a $13 million, Series B funding round in October led by Palo Alto, Calif.-based Felicis Ventures, bringing its total capital raised to $25 million.