Highlights
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About
Cloud Optimization Platform
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.
Identity
| Name | Spot |
|---|---|
| Slug | spotinst |
| Former names | Spotinst |
| Type / kind | startup |
| Crunchbase ID | spot-io |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ7bs_oIDA |
Status
| Status | acquired |
|---|---|
| Status reason | Acquired (Inactive) by NetApp on Jun 2020 - ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Tel Aviv-Yafo |
| HQ address | Ahad Ha'Am St 9, Tel Aviv-Yafo, Israel |
Web & social
| https://www.linkedin.com/company/30083623 | |
| Twitter / X | https://twitter.com/spot_hq |
| https://www.facebook.com/spothq | |
| YouTube | https://www.youtube.com/channel/UCX4PXLVF3SNr5x2jUEWdZtg |
Classifications
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 models
B2B
Tags
pricingiotmanagement-solutionsdata-storagecloudsmbenterprisesanomaly-detectionbig-data-analyticsartificial-intelligencemachine-learningdata-migrationenterprise-solutions
Funding
| Total raised | $52.6M |
|---|---|
| Current stage | Acquired |
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