ScaleOps, an Israeli company developing automated tools to manage cloud and artificial intelligence infrastructure, has raised $130 million in a Series C funding round led by Insight Partners, the company announced.
The round, which included participation from existing investors Lightspeed Venture Partners, NFX, Glilot Capital Partners and Picture Capital, values the company at more than $800 million and brings its total funding to over $210 million.
The investment comes amid rapidly growing demand for cloud and AI infrastructure, as companies increasingly deploy large-scale applications that require significant computing power. Despite that growth, many organizations still rely on manual tools and static systems to manage infrastructure, often leading to inefficiencies and higher costs.
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The staff of ScaleOps, an Israeli company developing automated tools to manage cloud and artificial intelligence infrastructure
(Photo: Menash Cohen)
ScaleOps aims to address those challenges by automating the allocation and management of computing resources, including GPUs, in real time. Its platform is designed to continuously adjust infrastructure based on demand, reducing the need for manual intervention and allowing engineering teams to focus on development rather than system maintenance.
“Compute is the defining bottleneck of the AI era,” said CEO and co-founder Yodar Shafrir. “Static allocation and manual tuning simply can’t keep up with the speed and complexity of modern production environments.”
The company says its technology can improve system reliability and reduce cloud infrastructure costs, in some cases by as much as 80%, by optimizing how resources are used.
ScaleOps counts several major companies among its customers, including Adobe, DocuSign and Coupa, as well as multiple Fortune 500 firms. It reported more than 350% year-over-year growth and said it has tripled its workforce over the past year.
Insight Partners managing director Jeff Horing said the company is addressing a key challenge for enterprises managing complex cloud and AI workloads. “We believe that the team’s autonomous, real-time infrastructure management matches the speed and complexity needed for modern applications,” he said.
The company plans to use the new funding to expand its product offerings, grow its global presence and scale its engineering and sales teams.
ScaleOps is part of a broader trend toward automation in cloud infrastructure management, as companies seek to handle increasingly complex computing environments without significantly expanding engineering teams.