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OpenMetal acquires Economize to enhance cloud services

PRIVATESep 30, 2026

Acquiring Company

OpenMetal

Acquired Company

Economize

Virginia BeachUnited StatesInformation TechnologySaasCloud InfrastructureCloud Computing

Description

OpenMetal has acquired Economize, launching OpenMetal Labs to provide tailored cloud and AI infrastructure solutions. The acquisition combines Economize's FinOps software with OpenMetal's infrastructure offerings. This collaboration aims to optimize customer cloud expenditures while providing accountability and expertise. OpenMetal Labs will offer consulting on complex infrastructure and cost challenges.

Company Information

Company

OpenMetal

Location

Virginia Beach, Virginia, United States

About

OpenMetal is an infrastructure as a service (IaaS) company providing on-demand OpenStack-powered hosted private cloud, bare metal cloud, and GPU servers and clusters to businesses of all sizes. Building and maintaining a private cloud is complex and expensive. It requires a deep understanding of cloud computing technologies and a significant investment in hardware and software. As a result, private clouds have traditionally been only accessible to large enterprises with the resources to invest in them.

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Frequently asked

Who acquired Economize?

Economize was acquired by OpenMetal, based in Virginia Beach. The deal was reported on September 30, 2026. OpenMetal is an infrastructure as a service (IaaS) company providing on-demand OpenStack-powered hosted private cloud, bare metal cloud, and GPU servers and clusters to businesses of all sizes. OpenMetal is privately held and operates in Information Technology.

When did OpenMetal acquire Economize?

OpenMetal's acquisition of Economize was reported on September 30, 2026. OpenMetal has acquired Economize, launching OpenMetal Labs to provide tailored cloud and AI infrastructure solutions. The acquisition combines Economize's FinOps software with OpenMetal's infrastructure offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Economize do?

Economize helps engineering, finance, and FinOps teams monitor and optimize cloud and AI spend across major cloud platforms. Their expertise lies in providing transparency and insights regarding cloud expenditures. It is privately held, operating in Saas, and is based in United States.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.