Latest news with #CloudZero
Yahoo
4 days ago
- Business
- Yahoo
CloudZero Launches Optimize To Cut Waste, Boost Cloud ROI
CloudZero Optimize helps organizations realize savings and maximize AI and cloud efficiency BOSTON, June 2, 2025 /PRNewswire/ -- CloudZero, the globally trusted leader in proactive cloud cost efficiency, today announced the release of CloudZero Optimize, a new product focused squarely on cloud waste reduction. This new solution builds on CloudZero's market-leading allocation capabilities and integrates seamlessly with Jira and Slack. Optimization recommendations are contextual, relevant, prioritized by impact and effort, and embedded directly into existing engineering workflows. Engineering teams are under increasing pressure to control cloud costs, but most optimization tools lack business context, infrastructure context, or both — leaving teams overwhelmed by generic, disconnected recommendations that often go ignored for weeks or even months. CloudZero Optimize delivers enhanced filtering, rich context, and seamless integration into engineering workflows, helping teams focus on what matters, track progress, and achieve measurable savings. "I've yet to meet the engineer who wants to waste money, but the reality is, most optimization tools create more noise than impact," said Anand Sundaram, CloudZero's senior vice president of product. "Ours is the first that combines complete, multi-cloud visibility with insights gleaned from analyzing billions of dollars of cloud spend for nearly a decade. In optimization, process is just as important as product — where and when you see optimization information is just as important as the information itself. CloudZero Optimize is the most impactful optimization product because it gives engineers precise, prioritized recommendations in the places they're already working." In addition to identifying savings opportunities, CloudZero Optimize automatically tracks realized savings — validating the ROI of engineering efforts and gamifying the optimization workflow. Quantifying impact in real dollars gives teams positive reinforcement that builds momentum for future savings initiatives. "Cost efficiency has never been a more pressing concern as we scale our AI spending," said Sharanya Viswanath, senior engineering manager at Duolingo, a CloudZero customer. "CloudZero was built on the premise that cost efficiency doesn't have to be a post-facto, outside-in mandate from our finance team — that it can start with engineers. This puts even more power in our engineers' hands, giving them a comprehensive, easily actionable list of optimizations, by which they can improve the efficiency value of their AI and infrastructure." Additionally, to help engineers manage database-as-a-service (DBaaS) spend more efficiently, CloudZero has partnered with Espresso AI, a company focused exclusively on automating Snowflake optimizations. Espresso AI provides critical insights and automation to reduce Snowflake costs, expanding CloudZero's optimization capabilities across four of the biggest cloud cost drivers for engineering teams: AWS, Azure, Google Cloud, and Snowflake. Want a closer look? Visit the CloudZero booth at FinOps X this week in San Diego, or catch a live demo during our webinar on June 18, 2025. Sign up here. About CloudZero CloudZero is the leader in proactive cloud cost efficiency. We enable engineers to build cost-efficient software without slowing down innovation. CloudZero's next-generation cloud cost optimization platform automates the collection, allocation, and analysis of cloud costs to uncover savings opportunities and improve unit economics. We are the only platform that enables companies to understand 100% of their operational cloud spend and take an engineering-led approach to optimizing that spend. CloudZero is used by industry leaders worldwide, such as Coinbase, Klaviyo, Miro, Nubank, and Rapid7. Visit to get started today. View original content to download multimedia: SOURCE CloudZero
Yahoo
4 days ago
- Business
- Yahoo
CloudZero raises $56m to enhance cloud cost efficiency solutions
CloudZero, a provider of cloud cost efficiency solutions, has raised $56m in a Series C funding round after achieving triple-digit growth for another year. The round was led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures, and a strategic investment from MongoDB. The company plans to leverage the capital to support its efforts to advance AI-driven research and development (R&D), expand its go-to-market strategy, and strengthen its partner ecosystem. BlueCrest Capital Management founder and CEO Michael Platt said: 'Organisations that optimise their cloud costs gain a competitive advantage, while those that neglect cost management risk limiting their growth and innovation.' The company's cloud cost optimisation platform connects engineering decisions to business outcomes, helping teams manage and optimise cloud and AI infrastructure costs. Trusted by organisations such as Coinbase, DraftKings, Expedia, Moody's, and Nubank, CloudZero plans to use the funding to enhance AI-driven cost analytics and forecasting, deepen integrations across developer and finance workflows. Furthermore, the funding will be used by the company to expand its network of strategic partners and cloud alliances. CloudZero CEO Phil Pergola said: 'AI is redefining what's possible — but without a deep understanding of cloud unit economics, innovation becomes unsustainable. 'CloudZero is pioneering a new standard for cloud cost optimisation, giving companies the precision they need to scale cloud and AI responsibly.' CloudZero's platform automates the collection, allocation, and analysis of cloud costs, providing full visibility into operational cloud spend and identifying savings opportunities for engineering teams. In November 2024, CloudZero was recognised as a validated MongoDB technology partner, becoming the first cloud cost management platform in the MongoDB Partner Ecosystem. This partnership includes a new integration with MongoDB Atlas, designed to help customers better visualise and understand their MongoDB expenses. MongoDB Atlas is a multi-cloud developer data platform, which is used by millions of developers and over 50,000 customers. "CloudZero raises $56m to enhance cloud cost efficiency solutions" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Axios
29-05-2025
- Business
- Axios
Exclusive: CloudZero raises $56M to tame cloud costs
CloudZero raised $56 million to help companies rein in soaring AI-driven cloud costs, CEO Phil Pergola tells Axios Pro. Why it matters: Enterprises are struggling with exploding multicloud costs, especially as AI initiatives rapidly increase cloud usage. Cloud infrastructure spending is expected to reach $2 trillion by 2030, driven by AI's rollout, according to Goldman Sachs Research. How it works: CloudZero's platform helps engineering teams optimize their cloud and AI infrastructure costs, directly correlating cloud decisions to the business. State of play: Strategics and investors alike are seeing the demand for products that may help contain their cloud costs. In January, Flexera acquired NetApp's Spot financial operations product, to help customers "seeking to manage growing multi-cloud costs." Last month, Cast AI Group, another finops startup that specializes in optimizing the efficiency of cloud-native environments, raised a $108 million Series C. What they're saying:"Cloud spend is growing, that trend is not slowing down," Pergola says. "But companies are also very fixed on unit economics and making their business healthy." Zoom in: The Series C round was led by BlueCrest Capital Management and Innovius Capital. Other venture firms participating in the round included Matrix Partners, Threshold Ventures, Underscore VC and G20 Ventures. MongoDB also made a strategic investment in the round. CloudZero closed at $32 million Series B fundraising round led by Innovius Capital and Threshold Ventures in June 2023. What's next: Pergola says the company has enough cash after the new round to take it to profitability, but will not rule out a Series D down the line if the company wanted to "double down." Bottom line: Expect more SaaS vendors to start buying — or developing — products they can put into their platform that offer cost visibility and optimization.
Business Wire
28-05-2025
- Business
- Business Wire
Vapor to Vaporless, One Click: Sikary Unveils the Cloud Zero 20000 Puffs
SHENZHEN, China--(BUSINESS WIRE)--Leading global vapor brand Sikary has unveiled its latest device, the Cloud Zero 20000 puffs, at its first product launch event in Dubai, marking its official entry into the Middle East market. The launch introduces a groundbreaking dual-mode experience, captured in the slogan: 'Vapor to Vaporless, One Click.' It also reflects Sikary's commitment to localized engagement, leveraging product trials, on-site purchases, and organic user sharing to foster stronger consumer connections. At the core of this innovation is the industry's first Vaporless Mode, which delivers zero visible emissions without compromising flavor or performance—setting a new standard for personal control and responsible use in both public and private environments. The patented Mobius Strip side display integrates advanced visual design with functional clarity, offering real-time monitoring of e-liquid and battery levels. This innovative visual system not only improves usability but reinforces the brand's commitment to intelligent, design-driven vaping solutions. The Sikary Cloud Zero 20000 puffs is designed to adapt seamlessly to the rhythm of modern life, offering two distinct modes to suit any environment. Vapor Mode offers the full sensory experience—dense clouds and a strong throat hit—perfect for outdoor leisure or private moments. Vaporless Mode, powered by Direct-to-Lung (DTL) airflow and advanced liquid regulation technology, enables silent, cloud-free use in offices, public transport, or shared indoor spaces—where visibility matters. The one-click switching mechanism empowers users to transition instantly between modes, eliminating the need for multiple devices or compromise. By offering situational control without sacrificing flavor or satisfaction, Cloud Zero puts the user firmly in charge of when, where, and how they vape. With a 750mAh battery, and Type-C fast charging, the device delivers up to 20,000 puffs—minimizing recharges for all-day reliability, making it one of the most durable devices in its class. Paired with 11 expertly crafted flavors and stylish macaron-colored designs, Cloud Zero not only performs—it gives users the freedom to express their taste while enjoying dependable functionality. About Sikary Founded in 2013, Sikary is a global innovator in vapor technology, committed to creating products that inspire excitement and promote a modern lifestyle. With the slogan 'Seek Ultra Merry,' the brand combines advanced engineering with sleek design to redefine modern vaping.
Techday NZ
22-05-2025
- Business
- Techday NZ
Growing AI spend challenges firms as ROI confidence lags
CloudZero has released a report examining spending trends and challenges related to artificial intelligence (AI) within software-driven organisations. The report, titled "The State Of AI Costs," is based on a survey of more than 500 software professionals in managerial roles or higher. Its findings indicate that AI expenditure is rising sharply, with average monthly budgets for AI projected to increase by 36% in 2025. This points to a shift towards larger and more complex AI initiatives within organisations. Despite this growing investment, only 51% of respondents reported having confidence in their ability to evaluate the return on investment (ROI) of AI costs. The report attributes this uncertainty to a range of factors, including the difficulty of isolating the impact of AI from other simultaneous business investments. According to the survey results, organisations are allocating resources to AI initiatives to make software development more efficient, enhance cybersecurity and compliance, and drive innovation and competitive advantage. However, the absence of robust cost governance remains a concern. The report states that ineffective governance could render even promising AI projects financially unsustainable. The research identified automation, scalability, and cloud deployment as primary uses for AI tools, with most organisations focusing on applications designed to support these areas. However, the report raises concerns about profitability, noting that without appropriate mechanisms for cost tracking, it is difficult to determine whether AI initiatives are truly delivering value. Recruitment emerged as one of the main challenges organisations face as they expand their AI activities. The report found that high salary expectations, limited availability of qualified candidates, and a lack of internal expertise are the top barriers to hiring. The skills most in demand for AI development include cloud computing and data engineering, according to the surveyed professionals. The report also links improved confidence in calculating AI ROI to the use of third-party cost optimisation tools. Organisations using these tools reported that increased visibility into their spending was a key benefit, providing greater clarity into the true impact of AI investments. Erik Peterson, Founder and Chief Technology Officer at CloudZero, commented on the findings: "AI spend is going through the same hype cycle we've seen with every transformational tech shift: lots of bets, not a lot of clarity. What's different this time is the scale and speed of that spend. The companies that can tie AI usage to business outcomes aren't the ones flinching. They're doubling down. Like the cloud, AI will become just another part of how every modern business runs. When that happens, it's not going to be the biggest companies that win, it's going to be the ones with the best AI unit economics — the ones that know how to scale profitably." The report underscores the need for organisations to establish effective cost governance and robust monitoring systems as they continue to increase AI investment. It highlights the growing importance of aligning AI strategies with clear business objectives and measurable outcomes, particularly at a time when demand for skilled AI professionals is outpacing supply. Follow us on: Share on:
