28-08-2018 15:08 via feedproxy.google.com

Spotinst, excess cloud capacity management service, snares $35M Series B

Spotinst, the startup that helps companies purchase and manage excess cloud infrastructure capacity, announced a hefty $35 million Series B today led by Highland Capital.
Existing investors Leaders Fund, Intel Capital and Vertex Ventures also participated. Today’s round brings the total investment to over $52 million.
Cloud infrastructure vendors like Amazon Web Services, Microsoft Azureand Google Cloud Platform run massive data centers to have enough capacity at any given moment to respon
Read more »