Business classification

VCID: 1052239
    Profile

    Corporate information

    Official name
    Spotinst Ltd.
    Also known as
    Spot.io

    Registration country
    Investment activity status
    Active investor


    Overview

    Spot, formerly Spotinst, is a leading provider of software that empowers CloudOps team to get the most out of their cloud. Its product portfolio helps companies optimize and automate their cloud use to maximize the value and availability of their cloud infrastructure while minimizing waste. Through the use of actionable visibility and insight, Spot continuously and automatically improves efficiency in real-time. Founded by Amiram Shachar and Liran Polak in 2015, Spot currently has over 180 staff across offices in San Francisco, New York, Washington DC, Tel Aviv and London.

    Funding rounds

    Acquisition USD 450,000,000


    USD 450,000,000 (3 Jun 2020) at USD 450,000,000 valuation.

    Profile Country Notes
    NetApp Inc United States USD 450,000,000 (USD 450,000,000). Initial investment. Led the round.

    (6 Mar 2020)

    Profile Country Notes
    Highland Capital Partners United States Initial investment. Round participant.

    Series B USD 35,000,000


    USD 35,000,000 (28 Aug 2018)

    Profile Country Notes
    Highland Europe Initial investment. Led the round.
    Leaders Fund Inc Venture capital fund with a focus on enterprise SaaS companies in Canada and the United States. United States Initial investment. Round participant.
    Intel Capital Corp Intel's strategic investment program for equity investments/ acquisitions to grow the Internet economy in support of Intel's strategic interests. Cayman Islands Follow-on investment. Round participant.
    Vertex Ventures Israel Follow-on investment. Round participant.

    Series A USD 15,000,000


    USD 15,000,000 (2 Jul 2017)

    Profile Country Notes
    Intel Capital Corp Intel's strategic investment program for equity investments/ acquisitions to grow the Internet economy in support of Intel's strategic interests. Cayman Islands Initial investment. Led the round.
    Vertex Ventures Israel Initial investment. Led the round.
    Springtide Ventures sro Follow-on investment. Round participant.

    Seed USD 2,000,000


    USD 2,000,000 (6 Mar 2016)

    Profile Country Notes
    Pico Partners Follow-on investment. Led the round.
    Microsoft ScaleUp Tel Aviv Initial investment. Round participant.
    Springtide Ventures sro Initial investment. Round participant.

    Seed USD 600,000


    USD 600,000 (21 Oct 2015)

    Profile Country Notes
    Pico Partners Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    Highland Capital Partners logo Highland Capital Partners
    N/A
    Highland Europe logo Highland Europe
    Series B
    Intel Capital Asia Pacific logo Intel Capital Corp
    Intel's strategic investment program for equity investments/ acquisitions to grow the Internet economy in support of Intel's strategic interests.
    +1 (408) 765-8080
    Series A
    Series B
    Leaders Fund Inc logo Leaders Fund Inc
    Venture capital fund with a focus on enterprise SaaS companies in Canada and the United States.
    Series B
    Microsoft ScaleUp Tel Aviv logo Microsoft ScaleUp Tel Aviv
    Seed
    NetApp Inc logo NetApp Inc
    +1 (303) 381-4200
    Acquisition
    Pico Partners logo Pico Partners
    Seed
    Springtide Ventures sro logo Springtide Ventures sro
    Seed
    Series A
    Vertex Ventures Israel logo Vertex Ventures Israel
    Series A
    Series B