2 years ago
XONAI Raises $3.5 Million in Seed Funding to Optimize Cloud Infrastructure
XONAI, a London-based cloud optimization solution provider, has secured $3.5 million in seed funding led by Kadmos Capital
The investment will be used to further develop XONAI's solutions, which enable organizations to reduce data infrastructure operational costs by running data infrastructure more cost-efficiently
XONAI was founded in 2021 by Leandro Vaz and Brock Doiron at Deep Science Ventures in London.
ProblemTechnology
"Businesses using data infrastructure like Apache Spark to handle petabytes of data face significant operational costs. "
Solution
"XONAI provides a cloud optimization solution that reduces data infrastructure costs by running it more efficiently, delivering immediate ROI without requiring any changes to existing infrastructure. "