PerfectScale – a leader in Kubernetes optimization – recently announced that the company has successfully closed $7.1 million in seed funding led by Blumberg Capital with participation from previous investor UpWest, Prelude Ventures, and additional investors K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. This latest funding round brings the company’s total funding to nearly $10 million since it was founded in March 2022.
As most cloud workloads are now running on Kubernetes and with the market size anticipated to reach $7.8 billion by 2027, its popularity continues as deployments of cloud-native infrastructure accelerate. However, the rapid pace of adoption is impeding the ability of organizations to support the complexity and management of resources that come with large-scale, cloud-native infrastructure. The key to success is mastering Day 2 Kubernetes operations, where optimizing costs and performance emerges as a pivotal focus.
PerfectScale’s Autonomous Optimization and Governance Platform streamlines Day 2 operations by enabling teams to take control of their Kubernetes environments. The easy-to-use solution offers any Kubernetes practitioner, from novice to expert, to right-size and right-scale environments – perfectly balancing their application’s demand, performance, and cost.
Through PerfectScaler – which is PerfectScale’s automated Kubernetes scaler, the manual efforts and risks associated with optimizing resource capacity are eliminated. The automated actions safely self-optimize and self-heal the infrastructure while adjusting to constant environmental changes. As a result, DevOps and SRE teams can enjoy more resilient, highly available applications with fewer service level agreements (SLAs) breaches, better cost containment, and the environmental sustainability of their entire K8s infrastructure.
With this funding round, PerfectScale plans to expedite its pace of innovation and expand the company’s sales and marketing infrastructure. And this will start by revolutionizing and simplifying Day-2 Kubernetes operations to directly target the performance, resource optimization, and cost control challenges impacting organizations. PerfectScale will also further its engagement with companies around the globe by deepening its sales and technical customer success teams. In the near-term plan is to launch a comprehensive partner program to support the ever-growing Kubernetes community, MSP, and consultancy ecosystems. PerfectScale will lead in the K8s optimization space through these efforts, ensuring organizations reach and maintain desired application performance, efficiency, and cost KPIs.
KEY QUOTES:
“Optimizing our Cloud environments is a critical and strategic goal for us. We didn’t trust the optimization tools we had in place as we feared their recommendations would cause outages that could impact millions of users. Within a matter of weeks, the intelligence we got from PerfectScale helped safely optimize our environment, significantly reducing costs and improving our application’s performance and resiliency. We have yet to see another tool in the market that effectively and accurately optimizes Kubernetes environments like PerfectScale does.”
- Richard Sayad, Sr Director of Cloud Architecture at Paramount Pictures
“As enterprises increasingly adopt container-based applications, optimizing Kubernetes becomes a critical concern. PerfectScale has the strategic vision and team to shape the future of cloud-native adoption. We look forward to a long-term partnership with the PerfectScale team and investors, and welcome them to our portfolio of visionary teams building and solving growing problems for enterprises.”
- Ilia Shnaidman, Vice President at Blumberg Capital
“We’ve identified staggering inefficiencies in the oversight of Kubernetes infrastructure: Businesses either overextending resources and incurring cloud costs upwards of 300% more than necessary or inadequate resource allocation resulting in service disruption. Our mission is simple yet transformative – to level the playing field for optimizing Kubernetes costs and performance, turning what was once only attainable to elite DevOps and R&D teams into an accessible solution for all.”
- Amir Banet, Co-founder and CEO of PerfectScale
