Finout, a FinOps for enterprise startup located in Tel Aviv, Israel, has secured $26 million in Series B investment.
Investors
- Red Dot Capital
- Jibe Ventures
- Pitango
- Team8
- Maor Investments
Use of funds
The money will be used by the business to grow both its operations and growth initiatives.
Prominent international businesses such as Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer currently utilize its platform to optimize cloud spending and distribute expenses across all cloud providers and services.
About Finout
Finout is an enterprise-grade FinOps solution that was founded in 2021 by Roi Ravhon, Asaf Liveanu, and Yizhar Gilboa. It assists businesses in allocating, managing, and minimizing their cloud expenditure across their whole infrastructure. Without requiring the addition of code or an agent, their solution gives the whole company total insight and context for cloud expenditures, enabling them to operate more effectively and save money.
