November 25, 2020

We are delighted to announce our new investment in CAST.AI!

Anyone deploying to a public cloud has to take a first logical step, that is picking a cloud. Why do we have to pick? Imagine a world where you can pick two or more cloud providers and avoid being locked to any one vendor. That is what CAST delivers.

CAST.AI has closed $7.7M Seed round from TA Ventures, DNX, Florida Funders and other angels to keep building on the idea of getting the benefits from all cloud providers in one simple setup.

The company takes advantage of cloud-native technologies, containerization and Kubernetes to break the proprietary barriers that exist between clouds. Developers use the policy engine to decide how much they want to control the process. They can simply set location and let Cast optimize the application across clouds automatically, or they can select at a granular level exactly the resources they want to use on which cloud. Regardless of how they do it, Cast will continually monitor the installation and optimize based on cost to give them the cheapest options available for their configuration.

More details on TechCrunch: