Last updated 2026-07-26
- Acquired by Flexera for $100M, Mar 2025
- Raised $35M Series C led by Leaders Fund, Jul 2018
- Raised $15M Series B led by Intel Capital, Jun 2017
Total raised
$52.6M
Last: Undisclosed Round 2018-08
Stage
Acquired
Founded
2015
Headcount
120
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Spot, formerly known as Spotinst, was founded in 2015 in Tel Aviv. The company developed a cloud optimization platform that uses machine learning and analytics to automate and optimize cloud infrastructure, ensuring workloads and applications have the best possible infrastructure—always available, scalable, and at the lowest possible cost. Spot's technology provides insights into cloud costs, recommendations for optimization, and automation to implement those recommendations. It offers services for AWS, Microsoft Azure, and Google Cloud, helping companies manage their cloud workloads and reduce computing costs.
Funding history · 4 rounds · $52.6M total
2018-07
C Round
$35.0M
★ Leaders Fund★ Intel Capital★ Highland Europe★ Vertex Ventures Israel
2017-06
B Round
$15.0M
★ Intel Capital★ Vertex Ventures Israel
2016-02
A Round
$2.0M
★ Springtide Ventures★ PICO Venture Partners★ Microsoft Accelerator Tel Aviv
2015-01
Seed
$600K
★ Amiad Solomon
Headcount over time
From 75 (2018-05) to 250 (2026-07) · +175 (+233%) · 57 points · source: Finder history + radar grounding
Q&A
- What is Spot's current status and what led to it?
- Spot is currently in an acquired (inactive) status. It was acquired by NetApp in June 2020 and subsequently ceased to operate under its original structure.
- When was Spot acquired by Flexera and for what amount?
- Spot was acquired by Flexera in March 2025 for an amount of $100 million.
- What was the acquisition amount when NetApp bought Spot?
- NetApp acquired Spot for $450 million in June 2020.
- What was the outcome for Spot's operations in Israel after the Flexera acquisition?
- In November 2025, approximately one year after Flexera acquired Spot from NetApp, Flexera decided to close the startup's operations in Israel, resulting in local employees being laid off.
- What was Spot's last known funding round before its acquisition by NetApp?
- Spot raised a B Round of $35 million in August 2018, led by Highland Europe.
- Which investors participated in Spot's A Round funding?
- Spot's A Round in July 2017, which raised $15 million, included Intel Capital and Vertex Ventures.
- What is Spot's primary business sector?
- Spot's primary business sector is Business Software.
- How many employees did Spot have in July 2026?
- According to startupim data, Spot had 250 employees in July 2026.
Team · 4
Amiram Shachar
Founder · Co-founder
Liran Polak
Founder · Co-founder
Aharon Twizer
Founder · Co-founder
Yakir Daniel
Founder · Co-founder
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsData ArchitectureSoftware Development Tools
Technologies
Artificial IntelligenceMachine LearningData StorageCloud
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B
Highlights
Verified
Tags
pricingiotmanagement-solutionsdata-storagecloudsmbenterprisesanomaly-detectionbig-data-analyticsartificial-intelligencemachine-learningdata-migrationenterprise-solutions
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | spot.io |
|---|---|
| linkedin.com/company/30083623 | |
| facebook.com/spothq | |
| YouTube | youtube.com/channel/UCX4PXLVF3SNr5x2jUEWdZtg |
Identifiers & details
| Legal name | Spotinst Ltd. |
|---|---|
| Former names | Spotinst |
| Founded | 2015-2 |
| Employees (exact) | 120 |
| Offices | San Francisco; New York |
| Status reason | Acquired (Inactive) by NetApp on Jun 2020 - ceased to operate |
Acquisitions & public offerings
Acquired by Flexera 2025-03 $100.0M
Radar intelligence
Patents
| EPO | 934 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515201903 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2015-02-02 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2020 |
| Active charges / liens | 0 |
| Registry events | 1 — other (1) |
| Registered address | אחד העם 9 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-12-15 | עדכון חיובים במג~ק |