Exostellar Inc. is a next-generation cloud resource optimization and management platform founded in 2019 and headquartered in the United States. With the slogan "Exostellar creates tools for organizations who rely heavily on cloud computing to reduce their costs by up to 90%," the company offers innovative solutions for enterprises heavily reliant on cloud computing. Their proprietary technology, which leverages cutting-edge distributed container infrastructure, artificial intelligence, and machine learning, enables businesses to reduce spending in the cloud by up to 80% while enhancing operational security and performance.
The recent $15.00M Series A investment received on 13 September 2023 has drawn attention from prominent investors including Alpha Intelligence Capital, Candou Ventures, Celesta Capital, and Cambium Capital Management. This funding is a testament to the confidence these investors have in Exostellar's potential. Notably, the company's ability to provide cost reductions without service interruptions, support for legacy applications without modifications, and compatibility with various cloud platforms and container technologies makes it an attractive prospect in the SaaS industry.
Exostellar's value proposition lies in its ability to lower costs by up to 80%, ensure continuous service for stateful applications, and improve job completion time, ultimately leading to an enhanced customer experience. As a result, the company is well-positioned to make a significant impact on the cloud computing optimization space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $15.00M | 4 | 13 Sep 2023 | |
Series A | $12.00M | 4 | New York Ventures | 07 Nov 2022 |
Seed Round | Unknown | 1 | 5150 Capital | 04 Aug 2022 |
Seed Round | $5.00M | 2 | Nepenthe Capital | 12 Apr 2021 |
Grant | $256.00K | 1 | 01 Aug 2020 |
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