VentureBeat November 7, 2023
Miami, Fla-based Cast AI, a startup that taps machine learning (ML) to help enterprises bring their cloud spend under control, today announced it has raised $35 million in a series B round of funding.
The investment, led by Vintage Investment Partners, will be used by the company to build out its AI offering and give enterprise teams a more capable solution to not only track their cloud spend but also optimize it according to needs. It completely automates the manual job of managing resources in real time and keeping costs on the lower side.
“Every single person at Cast AI is relentlessly focused on helping customers slash their cloud spend by automating tasks that are best performed by machine learning...
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