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ScaleOps raises $130M to improve computing efficiency amid AI demand

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CitrixNews Staff
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ScaleOps raises $130M to improve computing efficiency amid AI demand

AI may be booming, but behind the scenes, companies are wasting vast amounts of expensive compute. GPUs sit idle, workloads are over-provisioned, and cloud costs continue to climb. ScaleOps believes the problem isn’t a shortage — it’s mismanagement.

The startup, which builds software that automatically manages and reallocates computing resources in real-time, has raised $130 million at an $800 million valuation, ScaleOps said Monday. The Series C funding round was led by Insight Partners, with participation from existing investors, including Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital. The company says its software reduces cloud and AI infrastructure costs by as much as 80%.

Originally reported by TechCrunch