London's XONAI Raises $3.5M for Cloud Optimization Solutions
XONAI, a London-based provider of cloud optimization solutions, has raised $3.5M in Seed funding. The round of funding was led by Kadmos Capital and included participation from Adara Ventures, Deep Science Ventures, Nauta Capital, Notion Capital, Mehdi Ghissassi, and Martin Gould. The funds raised will be used to further develop XONAI's cloud optimization solutions.
XONAI was founded in 2021 by Leandro Vaz and Brock Doiron at Deep Science Ventures in London.
The company's cloud optimization solutions allow organizations to run data infrastructure more cost-efficiently, reducing data infrastructure operational costs and unlocking ROI immediately upon activation without any changes to the infrastructure. XONAI's current solution is focused on dedicated petabyte-scale clusters running on data processing software such as Apache Spark.
The market for XONAI's cloud optimization solutions is massive, and the company's focus on reducing data infrastructure operational costs has immediate value for organizations worldwide. With this round of funding, XONAI is poised to continue developing cost-efficient solutions that allow organizations to make better use of their cloud infrastructure while reducing overall costs. The participation of investors such as Kadmos Capital, Adara Ventures, Nauta Capital, and Notion Capital, as well as angel investors Mehdi Ghissassi and Martin Gould, highlights the strength of XONAI's solutions and its potential for continued growth and success in the years to come.
They've invested in XONAI
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