Category Archives: Azure

Spotinst, excess cloud capacity management service, snares $35M Series B

Spotinst, the startup that helps companies purchase and manage excess cloud infrastructure capacity, announced a hefty $35 million Series B today led by Highland Capital. Existing investors Leaders Fund, Intel Capital and Vertex Ventures also participated. Today’s round brings the total investment to over $52 million. Cloud infrastructure vendors like Amazon Web Services, Microsoft Azure and Google Cloud Platform run massive data centers to have enough capacity at any given moment to respond to customer demand. That means there are always going to be some machines sitting […]

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