Finout Launches AI Agent Suite for Enterprise FinOps
Finout today launched Finout Agents, a suite of three AI-powered agents that detect, investigate, and remediate cloud cost issues autonomously — completing the company's full-stack AI architecture for enterprise FinOps.
Finout Provides Customers with Multicloud Visibility and Cost Governance
Finout, a leading provider of multicloud cost visibility and optimization solutions and an Oracle partner, today announced that its Enterprise FinOps platform has achieved Integrated with Oracle Cloud Expertise status and is now available on the Oracle Cloud Marketplace. Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and services, including unique solutions that extend Oracle Fusion Cloud Applications.
Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream
Finout, the leading FinOps-for-enterprise platform, today announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment brings Finout's total funding to $85 million. The company's platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times, Choice Hotels, Wiz, Tenable, and Alchemy, reflects the rapid mainstreaming of FinOps.
Finout Raises $26 Million Series B, Leading FinOps Forward With Its Complete Platform
Finout, the FinOps-for-enterprise company, announced a $26.3 million Series B funding round led by Red Dot Capital with the participation of Maor Investments and existing investors - Team8, Pitango, and Jibe Ventures. Finout’s complete FinOps platform is now used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer, to optimize cloud expenditure and allocate costs across all cloud providers and services. The funding brings the total raised by Finout to $45 million.
Finout Launches AI-Powered Cost Savings for AWS, Giving Every Dollar Saved Back to Customers
Finout, the world’s first end-to-end FinOps platform for understanding and optimizing cloud costs, today announces the Finout Cost Optimizer, which is powered by artificial intelligence (AI) and can reduce a customer’s Amazon Web Services (AWS) bill by up to 60%. In today’s economic climate, where companies are tightening budgets and evaluating tech spend across the organization, this ability will empower teams to scale rapidly while maintaining a cost-effective cloud environment with minimum waste.
Finout Announces Agentless Cost Governance Suite for Kubernetes
Finout, the cloud cost observability platform, today announced a suite of cost governance tools for managing, forecasting, and optimizing multi-cloud Kubernetes spend. The announcement is being made ahead of KubeCon EU taking place April 18-21 in Amsterdam. FinOps teams now have a central place to understand and reduce their spend on Kubernetes across all clouds, and also forecast into the future to ensure budgets are kept in check. Finout’s agentless solution offers monitoring for unlimited Kubernetes clusters at no additional charge.
Finout Launches the World’s First Anomaly Detection for FinOps Leading to Greater Profitability and Accountability
Finout, the cloud cost observability platform, today launches world’s first end-to-end anomaly detection for FinOps. Finance and engineering teams now have a single, centralized dashboard to monitor cost spikes and other unusual spending behavior across all of the major cloud providers and various 3rd party SaaS services. Combined with Finout’s virtual tagging, Finout can easily identify unwanted cost spikes by specific individuals, teams, or applications in order to reduce waste and increase profitability.
Founder of Cloudability Joins the Board of Finout, Passing the Torch to the Next Generation of Cloud Cost Management
Finout, the modern cloud cost management platform, today announced the appointment of Cloudability founder, Mat Ellis, to its board of directors. Cloudability launched both FinOps and the cloud financial management vertical, and was acquired by Apptio in 2019 having optimized almost $10 billion in enterprise cloud spending across AWS, Microsoft Azure and Google Cloud.
Finout Launches FinOps Dashboards to Transform Cloud Costs into Business Value
Finout, the modern cloud cost management tool, today launched FinOps Dashboards that abstract the cost of technical resources to business metrics and KPIs that the CFO and broader finance team cares about. Instead of having to justify cloud spend by looking at the raw data of how much each Amazon EC2 instance costs, for example, DevOps and Finance teams alike can slice and dice the data in terms of cost per transaction or cost per customer.
