Spotinst Ltd. (Spot)

spot.io

Now Flexera Software Israel

High-Tech Company

Acquired by Flexera

TECH VERTICALS

Artificial Intelligence, Big Data, Cloud, FinTech, IoT, Machine Learning, Pricing

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	2015
Number of Employees	120
Employees in Israel	100
Reg. Number:	abCDe

DESCRIPTION

Spotinst's technology, using algorithms developed, identifies cheap computing resources of the surplus sold by major cloud service providers. The company estimates server costs for their customers and offers them the best prices they can find at the time. Spotinst also allows companies that operate on multiple parallel clouds - such as Google, Amazon and Microsoft - to unite them under a single UI.

TECHNOLOGY

Spotinst's product suite uses innovative machine learning and analytics to automate and optimize cloud infrastructure, ensure that workloads and applications always have the best possible infrastructure, always available, scalable and always at the lowest possible cost. Spot’s technology provides insights into cloud costs, recommendations for how to optimize utilization and costs, and automation to implement those recommendations in a few clicks.

	TARGET MARKETS
	Service providers and their customers.

	BUSINESS MODEL
	B2B

COMPETITORS

Amazon Web Services , Batchly

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		Network Appliance Inc. (NetApp)
	Accelerator	NetApp Excellerator	Network Appliance Inc. (NetApp)
AA95093E-207A-E111-AC59-00155D32A403	R&D Center	NetApp Israel R&D Ltd. (NetApp TLV Cloud Innovation Center)	Network Appliance Inc. (NetApp)
FD95093E-207A-E111-AC59-00155D32A403	R&D Center	Network Appliance (NetApp) Israel	Network Appliance Inc. (NetApp)	Ceased
ACF090D0-AEB5-E411-B677-80C16E7D3630	Subsidiary	Spotinst Ltd. (Spot)	Network Appliance Inc. (NetApp)	Acquired/Merged

REMARKS

Date	Remark
15/01/2025	Flexera Software acquired Spotinst (Spot Cloud FinOps business) from NetApp. Spotinst was part of NetApp's solution suite since 2020 until its acquisition by Flexera.
12/03/2017	RightScale Inc. announced a partnership and integration with Spotinst, the leading workload management platform for Amazon EC2.
15/02/2017	CloudCheckr and Spotinst Partner to Reduce Public Cloud Costs by up to 80%.

CONTACT INFO

Expand / Collapse All

Main Address: San Francisco, United States

Address	221 Pine St., 5th Floor
City	San Francisco
State/Province	CA
Country	United States
Zip	94104

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: New York, United States

Address	594 Broadway, 11th Floor
City	New York
State/Province	NY
Country	United States
Zip	10012

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tel Aviv, Israel

Address	9 Ahad Ha'Am St., Shalom Meir Tower, 25th Floor
City	Tel Aviv
Country	Israel
Zip	6525101

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: London, United Kingdom

Address	1 Poultry
City	London
Country	United Kingdom
Zip	EC2R 8EJ

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Liran Polak	Co-Founder	NetApp TLV Cloud Innovation Center (Chief Architect, Spot)
Mr. Amiram Shachar	Co-Founder	NetApp TLV Cloud Innovation Center (VP & General Manager, Spot)
Mr. Aharon Twizer	Co-Founder

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jan. 15, 2025

Revenue Growth

abCDe

Acquired

Jun. 03, 2020

Revenue Growth

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

Aug. 28, 2018

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe

First Round

Jul. 02, 2017

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Round co-leader
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Round co-leader
abC Defghij	Corporate VC	abCDe	Round co-leader
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Seed - Extended

Mar. 08, 2016

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Seed

Feb. 23, 2015

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Mar. 13, 2016

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

	Acquisitions made by Spotinst (Spot)

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Networ...	Apr. 18, 2019	abCDe

Last Updated:	abCDe
IVC Number:	abCDe