nOps, the leading AWS cost optimization platform, has raised $30 million Series A funding round led by Headlight Partners. nOps is empowering organizations across the globe to solve one of the largest IT challenges of the last decade – better understanding, controlling and reducing cloud spend.
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With the industry’s most comprehensive suite of visibility and automation tools for optimizing AWS cloud costs, the nOps platform is the only end-to-end solution that provides a holistic look into all factors of cloud optimization.
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The new funding will help to accelerate the development of nOps platform, further expand integrations with AWS products and open-source technologies like Karpenter and improve the overall platform experience for its customers.
“Cloud usage, particularly with the emergence of compute-heavy AI workloads, has reached a tipping point. While various point solutions address specific cloud optimization needs, engineering teams do not have the time to manually manage and optimize the ever-growing complexity of cloud resources. Instead, they need one solution that provides complete visibility into cloud spend, automatic optimization and single-click cloud waste clean up so they can focus on innovation to drive company growth. This is why we founded nOps and why we have been so successful,” said JT Giri, CEO and founder of nOps. “With the support from Headlight Partners and our other investors, this funding will help us meet the growing demand for our FinOps platform. By empowering our customers to reliably optimize their AWS cloud usage and costs, while increasing productivity for developers and engineers, nOps is turning IT back into an innovation driver – not a cost center.”
nOps leverages proprietary ML modeling based on $1+ billion of AWS spend to get your organization on the right blend of Reserved Instances, Savings Plans, and Spot. All without ever having to manually provision resources so your team can focus on building and innovating.
“nOps has built a proven platform that its customers love and we are thrilled to partner with the company on its next phase of growth,” said Jack Zollicoffer, Co-Founder at Headlight Partners. “We see organizations struggle to rein in AWS cloud spending. nOps brings a unique, more holistic approach that marries optimizing cloud cost while ensuring reliable availability of compute services. This provides its nOps customers with the confidence that they’ll never pay more than necessary for the cloud services required to run their business.”
About nOps
Founded in 2017, nOps is an AWS cloud optimization platform that makes it easy to allocate and manage your cloud usage, commitments, and spend. Our platform intelligently provisions all your compute automatically so you get the best pricing available without sacrificing any reliability.
