Stackbooster, a startup specializing in cloud infrastructure and application optimization, announced the launch of an AI-based platform for Kubernetes management and attracted $100,000 in investment.
Stackbooster, a startup specializing in cloud infrastructure and application optimization, announced the launch of an AI-based platform for Kubernetes management and attracted $100,000 in investment.
The startup, a graduate of the YEP accelerator, was founded by serial entrepreneur Alex Sharabudinov and AWS cloud infrastructure expert Volodymyr Lebedev.
Stackbooster solves one of the most pressing problems of modern tech companies - inefficient use of cloud resources. Their AI platform allows companies to reduce cloud costs by up to 80% by automating both vertical scaling within applications and horizontal scaling between cluster nodes. Under the hood is their own ML orchestration that allocates resources in real time, preventing downtime or excessive capacity usage.
The company already cooperates with Amazon Web Services (AWS) and is building alliances with several leading players in the cloud market (names are not disclosed at this time).
The pre-seed received from an angel investor for $100,000 allowed Stackbooster to achieve key milestones in development.
In addition, the startup opened a seed funding round of $2 million for:
The initial angel investment of $80,000 was structured around a key development milestone. Stackbooster conducted a series of pilots with a limited number of customers that confirmed the effectiveness of the technology:
“Our mission is to eliminate the tradeoff between cost and performance in cloud infrastructure. We built Stackbooster to solve the challenges we faced directly when managing enterprise Kubernetes environments. By intelligently automating vertical and horizontal scaling with ML, we deliver unprecedented cost savings without compromising speed and reliability. With the early results we’ve achieved and the support of our seed investor, we’re excited to scale up and bring these benefits to more companies,” — Alex Sharabudinov, CEO & Founder of Stackbooster.
The company is already open to inquiries from potential investors and users with high cloud workloads — including SaaS platforms, e-commerce, and gaming companies.
