Datafy raises $6 million Seed round led by Insight Partners to optimize cloud storage | CTech
Summary
Datafy, which has developed a cloud storage management platform, announced on Wednesday the completion of a $6 million Seed funding round led by global software investor Insight Partners.The cloud storage sector is experiencing rapid growth, driven by an exponential increase in data generation due to the growth in AI adoption and the general widespread adoption of cloud technologies. Datafy offers up to 50% savings on storage costs and provides a self-optimizing, developer-independent solution.Datafys flagship product, focusing on EBS (Elastic Block Store) on the AWS cloud, simplifies cloud storage management by auto-scaling data storage usage to ensure optimum management at a minimal cost.Datafy was founded by Zivan Ori (CEO), Yoav Ilovich (CPO), and Ziv Serlin (COO). After the acquisition, the two led a development group in the field of cloud storage at Amazons R&D center in Israel. "Our mission is clear - to give Finops and Devops teams the control they deserve with no effort or big changes to the system, said Ori. With Datafy, were not just saving money; were transforming how businesses manage their data in the cloud.