BEAMSTART Logo

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds

TechCrunch LogoTechCrunch2d ago

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds - TechCrunch

Quick Summary:

Enterprise spend on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI.

Coincidentally, one of the angels, Shachar, made his name with a cloud cost optimization tool called Spot, which he eventually sold to NetApp, before going on to found Upwind.

Arvatz said he realised with his previous startup that it was a challenge to sell cloud security to teams who were under pressure to explain why they needed quite so much of it, when they couldn’t show to finance where cloud spend was going in the first place.


More Pictures

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds - TechCrunch (Picture 1)

or

Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 13:01:32 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 980 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23554269

View Article Analysis

About TechCrunch

TechCrunch Logo

Main Topics: Technology

Official Website: techcrunch.com

Update Frequency: 19 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #20

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds" has 980 words across 32 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Which news outlet covered this story?

The story "PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds" was covered 2 days ago by TechCrunch, a news publisher based in United States.

How trustworthy is 'TechCrunch' news outlet?

TechCrunch is a fully independent (privately-owned) news outlet established in 2005 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 19 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23554269
  • URL: https://beamstart.com/news/pointfive-snaps-up-20m-for-17314170545191

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.