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Cloud Optimization Startup Prosperops Lands $72M Investment

Feb 23, 2023over 2 years ago

Amount Raised

$72 Million

AustinSaasArtificial IntelligenceSoftware

Investors

Active CapitalH.I.G. Growth Partners

Description

The cloud is growing expensive. According to a recent survey from ESG, more than half of companies say that their spending on public cloud apps will increase in 2023 while 56% expect their public cloud infrastructure services spending will go up this year. A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8 billion in 2023, up from $490.3 billion in 2022.

Company Information

Company

ProsperOps

Location

Austin, Texas, United States

About

The cloud is incredibly powerful, but operating it cost effectively is complicated and time-consuming. Our mission is to remove complexity and deliver savings outcomes so every business can prosper in the cloud.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech