The startup CAST AI, whose co-founders include Yuriy Fryman from Odessa, has raised $108 million in Series C investment. The startup is developing an artificial intelligence platform for analyzing and optimizing clients' computing resources.
The startup CAST AI, whose co-founders include Yuriy Fryman from Odessa, has raised $108 million in Series C investment. The startup is developing an artificial intelligence platform for analyzing and optimizing clients' computing resources.
The round was led by G2 Venture Partners and SoftBank Vision Fund 2, with participation from Aglaé Ventures and existing investors, including Hedosophia, Cota Capital, Vintage Investment Partners, Creandum, and Uncorrelated Ventures, AIN.UA writes .
Cast AI, headquartered in Miami and Vilnius, has expanded its global presence with offices in India and Singapore, and has been recognized as a leader in cloud spend management by IDC and G2.
The startup will use the new funding to expand the capabilities of its APA platform, increase its global presence, and provide even greater value to customers.
In October 2023, the startup attracted $35 million in investments. Even earlier, in March, it attracted $20 million.
