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The Venture Codex

nOps

655 Montgomery Street 6th Floor, San Francisco, CA, 94111, United States

Overview

nOps sells software that analyzes and optimizes AWS cloud spend, generating dashboards and automating tasks such as resource scheduling, rightsizing, stopping idle instances, and adjusting storage volumes. The company uses AI and machine learning to analyze compute needs and automatically optimize for efficiency, reliability and cost. For most products, nOps uses a pricing model where it receives a percentage of the cost saved and does not get paid until the client saves money. nOps serves AWS customers exclusively and reports its customer base grew 450% over the past 18 months while helping clients manage more than $1.5 billion in AWS cloud spend. Company leadership declined to disclose revenue or exact customer count. nOps plans to grow headcount from 60 employees to 80 by the end of the year and to build new integrations with AWS products and open source cost optimization tools. The product was launched in 2017 as a spin‑out from nClouds.

Total raised
$30M
Funding rounds
1
Latest round
Series A
Latest activity
Aug 2024

Industries

  • Cloud Computing
  • Cloud Management
  • SaaS
  • Software
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Recent funding

  1. Series A

    Aug 2024

    $30M

Team