Zesty, a company that provides a tool to automatically scale and shrink cloud resources to keep cloud costs in check, announced a $ 35 million Series A funding round.
The company addresses the controversial problem of keeping cloud-based applications running without paying too much. Competitors like Kubecost and Cloudability already offer software packages that focus on tracking expenses for managers. Zesty’s tool also tracks usage and adjusts instance and disk space allocation in real time to be large enough to handle the current load but small enough not to blow the budget.
While Amazon AWS and other cloud providers offer companies ways to control costs, Zesty uses AI to automate repetitive cloud management tasks, according to Zesty.
Relief for people
“We founded Zesty to serve our own ends,” said Maxim Melamedov, CEO …