Spotinst Announces Partnership with Samsung SDS to Increase Footprint in South Korea
Samsung SDS, the enterprise IT solution provider, has partnered with Spotinst to provide its customers with a platform that allows them to make significant saving on their cloud computing costs. The partnership will allow Samsung and other companies in South Korea to utilize excess cloud capacity and enjoy savings on their compute bills of up to 80% using the Spotinst’s Elastigroup, Spectrum, and Multai services, as well as the firm’s...
Spotinst Functions Launched: Spot Instances with Guaranteed Availability at the Lowest Price
Amazon Web Services (AWS), Microsoft Azure, and Google Cloud can bring in extra revenue by selling off excess cloud capacity. However, while this extra capacity can be sold, in the event that a customer pays for full priced servers, companies that use the excess capacity will be kicked off. Cloud providers only give customers 2 minutes notice when that happens. Naturally, such an unpredictable service must have a significant advantage...
Cloud Resource Management Solution Provider Spotinst Raises $15 Million in Series A Funding
Cloud resource management solution provider Spotinst has raised more than $15 million in Series A funding, with Intel Capital leading the latest funding round. Springtime Ventures and Vertex Ventures both participated, and together bring the total investment in the firm up to $17 million. The funding from the latest round of investment will be used to increase the firm’s business reach and grow its operations. Spotinst is an Israeli...
Spotinst Launches Spectrum: A Cloud Agnostic, Cross Platform Monitoring and Analytics Service
Spotinst, the leading cloud workload management platform provider, has developed a platform that allows businesses to take advantage of the low cost of spot instances without the risk. The platform allows users to reduce their cloud compute costs by up to 90%. Today, the Tel Aviv-based firm has announced the launch of a new service: Spotinst Spectrum. Spectrum is a cross-platform monitoring and analytics service that gives users...
Spotinst Launches New Load Balancer Service
Spotinst, the leading cloud monitoring and optimization solution provider, has launched a new load balancing service for cloud-based applications. Load balancing solutions currently on the market have not been developed specifically for use in the cloud. Many have been developed using legacy technology and have since been adapted for use in the cloud. The solutions tend to be basic or incredibly costly. Spotinst saw a need for a load...