CAST AI

CAST AI

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Autonomous Kubernetes optimization for efficient DevOps: spot instances, autoscaling & more. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$140—210m (Dealroom.co estimates Nov 2023.)
Company register number 305286925
Miami Florida (HQ), Vilnius Vilnius County (founding location)

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-187 %100 %97 %
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
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DateInvestorsAmountRound
-investor investor

$0.0

round
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$0.0

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round
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$35.0m

Series B
Total Funding000k

Recent News about CAST AI

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CAST AI is a leading platform in the tech industry, specializing in Kubernetes automation, optimization, security, and cost management. Kubernetes, or K8s, is an open-source system used for automating deployment, scaling, and management of containerized applications. Essentially, it helps businesses manage their digital infrastructure more efficiently.

CAST AI's primary market is businesses that use Kubernetes, ranging from small startups to large corporations. The company's platform is trusted by both engineering and finance teams worldwide, indicating its broad appeal across different business functions.

The company's business model revolves around providing an all-in-one platform for Kubernetes automation. It continuously monitors a client's cluster - a set of linked computers that work together - and applies changes in real-time to keep the configuration optimal. This service helps businesses reduce their cloud computing costs by analyzing and optimizing their use of computing resources.

Additionally, CAST AI provides a cost monitoring service that allows businesses to have a detailed look into their cluster costs. This service helps businesses identify where they are overspending and where they can cut costs. The company also offers a security feature that identifies potential vulnerabilities in a client's workload.

CAST AI generates revenue by charging for its platform. The platform delivers consistent savings to its clients through a range of optimization features, without compromising on performance or availability. For example, it can reduce costs by removing unused capacity and enabling spot instance automation - a way of using unused server capacity at a lower price.

In summary, CAST AI is a cost-effective solution for businesses looking to optimize their use of Kubernetes, providing a range of services from automation to cost reduction and security.

Keywords: Kubernetes, Automation, Optimization, Security, Cost Management, Cloud Computing, Cluster Monitoring, Resource Optimization, Workload Security, Spot Instance Automation.

Tech stack

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