nOps Expands with $30M to Optimize AWS Cloud Budgets

nOps, a cloud management platform provider, recently raised $30 million in funding to enhance its FinOps platform, expand its integrations with Amazon Web Services (AWS), and boost customer experience.

• nOps Cloud Optimization: Founded in 2015, nOps specializes in AWS cloud optimization. The platform simplifies the tracking, allocation, and management of cloud resources, commitments, and costs.

• AI-Powered Insights: nOps uses artificial intelligence and machine learning to analyze compute needs, giving FinOps, DevOps, and finance teams a complete view of their AWS costs. This end-to-end platform differs from point solutions by automating optimizations for efficiency, reliability, and cost control.

• Rapid Growth: nOps has helped its customers manage over $1.5 billion in AWS spend and has experienced a 450% increase in its customer base over the last 18 months.

• Investor Support: The round was led by private equity firm Headlight Partners, bringing their total funding to $40.5 million.

With this new funding, nOps is set to further develop its platform, helping AWS customers maximize their cloud investment.