Fundz

Zesty Lands $75 Million Series B To Lead The Evolution To Dynamic Cloud Infrastructure

PRIVATESep 13, 2022

Amount Raised

$75 Million

Round Type

Series B

Information TechnologyHardwareSoftware

Description

Zesty, a pioneer in dynamic cloud infrastructure solutions, today announced a $75 million Series B funding round led by B Capital and Series A investor Sapphire Ventures. Previous investors Next47 and S-Capital also participated in the round. Zesty has raised $116 million in total since its founding in 2019. Zesty's customer base has grown by 127% from 2021 to 2022 and the company has tripled its revenue since its Series A last year.

Quick answer

Zesty raised $75 Million in a Series B round, dated September 13, 2022.

How much did Zesty raise?
Zesty raised $75 Million in a Series B round on September 13, 2022.
What does Zesty do?
Zesty is the world's first AI-driven cloud management technology company that auto-scales cloud resources to fit real-time application needs.
Where is Zesty based and how big is it?
Fundz records about 147 employees.

Source: Fundz verified event record.

Who else raised in Hardware and Software around the same time

Companies in the same sectors as Zesty that raised within 45 days of this round, from Fundz verified event records.

  • AURA Network Systems raised $30M on October 28, 2022.
  • Second Front Systems raised $19M on October 28, 2022.
  • Axelera AI raised $27M (Funding Round) on October 25, 2022.
  • Icertis raised $75M on October 13, 2022.
  • Virtuous raised $14M on October 11, 2022.
  • ScienceLogic raised $21M on October 7, 2022.

Who to call at Zesty, and when

A new round usually means Zesty is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Zesty raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Zesty, from your own LinkedIn network

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Company Information

Company

Zesty

About

Zesty is the world's first AI-driven cloud management technology company that auto-scales cloud resources to fit real-time application needs. As today's cloud environments become increasingly dynamic, Zesty's automation increases cloud efficiency, improves DevOps productivity, and reduces cloud costs with zero human input. As a result, DevOps engineers no longer need to spend time on repetitive and mundane infrastructure management tasks and can enjoy the cloud's flexibility and scalability without worrying about cost or performance concerns. Zesty was founded in 2019 in Tel Aviv and is used by leading organizations such as Armis, Gong, Yotpo, and others. For more information, visit Zesty.co.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Zesty raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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