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Overview
CAST AI is a cloud optimization platform that reduces cloud costs, optimizes DevOps, and automates disaster recovery. CAST AI's intelligent optimization engine delivers a cost-efficient, high-performing, and resilient infrastructure for every Kubernetes workload.
CAST AI brings resource and cost optimization to Kubernetes using an AI-driven optimization engine that applies cluster changes based on real-time workload conditions. It selects the most cost-effective instance types and bin-packs pods for maximum utilization. The platform uses spot instances that offer 70 to 90% discounts and are automatically selected for any stateless workloads. CAST AI also sets pod scaling parameters to achieve optimal application performance while maximizing cost savings. Moreover, users get detailed cost reports to enable forecasting expenses at the level of the project, cluster, namespace, and deployment, down to individual microservices.
CAST AI provides an opinionated Kubernetes implementation that hides the infrastructure complexities with automation. So DevOps engineers no longer have to deal with IaaS complexity and can finally focus on higher-order cloud-native abstractions and concepts. They can create and manage CAST AI components through API, CLI, and Terraform to automate their infrastructure lifecycle management. CAST AI also provides services for in-cluster observability (logging, tracing, and metrics) and built-in security (encryption at rest and in transit).
CAST AI protects workloads against downtime with a Disaster Avoidance strategy based on cloud neutrality and multi-cloud capabilities. To achieve 100% uptime, CAST AI adopts the active approach to Disaster Recovery by stretching applications and data across multiple clouds so that a cloud failure never becomes a disaster. Underlying all of our technology is a custom multi-cloud networking layer that makes the magic happen.
About
Cloud Computing, Developer Tools, Software, Artificial Intelligence (AI), SaaS, Cloud Management, Developer Platform, DevOps, Cloud Security, Cloud Infrastructure
2019
51-100
Headquarters locations
United States, North America
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Profile Resume
CAST AI headquartered in United States, North America, operates in the Cloud Computing, Developer Tools, Software, Artificial Intelligence (AI), SaaS, Cloud Management, Developer Platform, DevOps, Cloud Security, Cloud Infrastructure sector. The company focuses on Cloud Computing and has secured $14.6B in funding across 200 round(s). With a team of 51-100 employees, CAST AI is actively contributing to advancements in Cloud Computing. Their latest funding round, Series B - CAST AI, raised $35.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
3
0
$73.0M
Details
4
CAST AI has raised a total of $73.0M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 8.0M | ||
2021 | Early Stage Venture | 10.0M | ||
2023 | Early Stage Venture | 20.0M | ||
2023 | Early Stage Venture | 35.0M |
Investors
CAST AI is funded by 23 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Creandum | - | FUNDING ROUND - Creandum | 35.0M |
Barrel Kfir | - | FUNDING ROUND - Barrel Kfir | 35.0M |
CAST AI | - | FUNDING ROUND - CAST AI | 35.0M |
Vintage Investment Partners | - | FUNDING ROUND - Vintage Investment Partners | 35.0M |
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