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Cloud management firm ScaleOps secures $58m in funding

ScaleOps, known for its automated cloud resource management, has secured US$58 million in a series B funding round.

The round was led by Lightspeed Venture Partners, with input from existing supporters Glilot Capital Partners and NFX, along with new investor Picture Capital.

This financing arrives a year after ScaleOps’ previous fundraising, raising its total capital to US$80 million.

The funds are set to boost the company’s products and increase staffing in their development team located in Israel.

The company was established in 2022 by CEO Yodar Shafrir and CTO Guy Baron.

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