Sync Computing rakes in $15.5M to automatically optimize cloud resources

After a pandemic-driven cloud adoption boom in the enterprise, costs are finally coming under a microscope. More than a third of businesses report having cloud budget overruns of up to 40%, according to a recent poll by observability software vendor Pepperdata. A separate survey from Flexera found that optimizing the existing use of cloud services is a top initiative at 59% of companies — cost being the main motivation. 
An entire cottage industry of startups has sprung up around opti