Last updated 2026-06-18
- Acquired by NetApp, Jun 2020
- Raised $35M funding round, Aug 2018
- Raised $15M funding round, Jul 2017
Total raised
$52.6M
Last: 2018-08
Stage
Acquired
Founded
2015
Headcount
158
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Spot is a SaaS optimization platform that aims to help businesses reduce costs while maintaining high availability and performance. Spot is a virtual cloud-agnostic layer that functions as a multi-cloud enabler. Spot provides high availability in the Amazon Spot Market, Microsoft Azure low-priority virtual machines, Google preemptible virtual machines, and Packet bare metal servers. Spot facilitates the balance between different infrastructure purchase options and offers a line of smart infrastructure products that bring the public cloud experience to any hardware or facility.
Funding history · 4 rounds · $52.6M total
2017-07
2015-02
Q&A
- What is Spot's primary business activity?
- Spot is a SaaS optimization platform designed to help businesses reduce costs while maintaining high availability and performance in cloud environments. It functions as a virtual cloud-agnostic layer and multi-cloud enabler.
- When was Spot acquired and by whom?
- Spot was acquired by NetApp in June 2020.
- What was the total amount of funding raised by Spot prior to its acquisition?
- Spot raised a total of $52,600,000 before its acquisition.
- Who were the lead investors in Spot's $15 million funding round in July 2017?
- The funding round in July 2017 included investments from Vertex Ventures Israel and Intel Capital.
- Which investors participated in Spot's $35 million funding round in August 2018?
- The August 2018 funding round included investments from Intel Capital.
- What is the employee count range for Spot?
- Spot has an employee count in the 51-200 range.
- Where is Spot's headquarters located?
- Spot's headquarters is located in Tel Aviv-Yafo, Israel.
- What technologies does Spot utilize in its platform?
- Spot utilizes technologies such as Artificial Intelligence, Machine Learning, Data Storage, and Cloud.
Team · 3
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
| linkedin.com/company/30083623 | |
| facebook.com/spothq | |
| YouTube | youtube.com/channel/UCX4PXLVF3SNr5x2jUEWdZtg |
Identifiers & details
| Former names | Spotinst |
|---|---|
| Founded | 2015-2 |
| Employees (exact) | 158 |
| Offices | San Francisco; New York |
| Status reason | Acquired (Inactive) by NetApp on Jun 2020 - ceased to operate |
Acquisitions & public offerings
Acquired by NetApp 2020-06
Radar intelligence
Patents
| EPO | 934 |
|---|
Publications (Crossref)
| Works | 10 |
|---|