
Antimetal
Antimetal provides a cloud cost optimization platform, aiding businesses in maximizing savings and mitigating underutilization worries.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor investor | €0.0 | round | |
* | $20.0m | Series A | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Antimetal is a cutting-edge platform designed to help businesses optimize their AWS (Amazon Web Services) cloud costs using artificial intelligence (AI). Founded in late 2022 by a team of passionate DevOps engineers, Antimetal was born out of frustration with existing tools for AWS cost management. The platform serves a wide range of clients, from startups to large enterprises, particularly those spending over $1 million annually on AWS.
Antimetal operates in the cloud computing market, specifically focusing on cost optimization. The platform uses AI to analyze cloud spending patterns and identify areas where costs can be reduced. This automated approach allows businesses to save money without the need for manual intervention. For example, Antimetal can lower EC2 (Elastic Compute Cloud) spend by up to 60% with just a few clicks.
The business model is straightforward: Antimetal offers different plans based on the client's AWS spending. Startups can qualify for a free plan, while larger companies can opt for an enterprise plan. The company makes money through subscription fees for these plans. Additionally, Antimetal provides a risk analysis and credit model to insure the cost of underutilized resources, further enhancing cost savings.
Antimetal's platform is user-friendly, requiring minimal effort from clients. Users can navigate to the Savings Analysis page and follow simple steps to start optimizing their cloud costs. The AI engine can even buy and sell reserved instances on behalf of the client, ensuring optimal AWS spend without manual oversight. Customizable alerts keep users informed and in control of their cloud expenses.
In summary, Antimetal offers an automated, effortless, and risk-free solution for AWS cost optimization, allowing businesses to focus on their core activities rather than managing cloud costs.
Keywords: AWS, cloud cost optimization, AI, DevOps, startups, enterprises, cost savings, automated, risk-free, subscription model.