# YotaScale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yotascale

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.yotascale.com
- Total disclosed funding: $26M
- Latest round: Series B (Oct 12, 2020)
- Investors on record: 5

## About

YotaScale, Inc. provides advanced cloud cost management solutions, enabling enterprises to optimize their cloud expenditures through real-time insights and actionable alerts while integrating seamlessly with major cloud platforms and digital services.Founded in 2015 and headquartered in Menlo Park, US, YotaScale, Inc. specializes in cloud cost management. The company has successfully closed six deals, with its most recent funding round in October 2020, where it raised USD 13 mn in Series B funding led by Felicis Ventures. The company’s CEO and founder, Asim Razzaq, has an extensive background in technology management. YotaScale does not have any known subsidiaries or parent companies.YotaScale primarily offers a cloud cost management platform designed to empower FinOps and platform engineering teams with granular visibility into their cloud spending. The core product features include real-time insights across various cloud services, detailed cost attribution, and actionable anomaly alerts that notify responsible parties when spending deviates from expected patterns. YotaScale’s platform integrates seamlessly with major cloud providers such as AWS, GCP, and Azure, as well as other digital technology services like Snowflake and Datadog, providing users a unified dashboard for managing costs in multi-cloud environments. This solution is tailored to serve enterprises of various sizes, including notable clients like Hulu, ClickUp, Flatiron, and Zoom, enabling them to optimize their cloud resource usage and enhance financial planning. YotaScale’s products are targeted primarily at markets in North America and Europe, addressing the needs of organizations seeking efficient management of their extensive cloud infrastructures.Yotascale's revenue model is structured around a subscription-based approach that charges clients based on their cloud usage rather than as a percentage of their cloud spend. This pricing strategy includes bespoke plans tailored to the specific needs of each organization, making it easier for clients to budget and administer their expenditures. Transactions occur primarily through B2B partnerships, where enterprises subscribe to Yotascale's services to gain access to its advanced cost management tools. The platform’s flagship offerings involve comprehensive budgeting and forecasting tools, predictive budget alerts, and rightsizing recommendations aimed at optimizing cloud investments. While specific pricing details for products are proprietary, the structure supports a continual flow of revenue through recurring subscriptions, reflecting the company's commitment to delivering value to its client base.YotaScale plans to leverage its recent Series B funding of USD 13 mn, raised in October 2020, to enhance its product offerings and expand into new markets. The company is designing new features for its platform aimed at improving user experience and will target additional geographic regions, particularly in Europe and Asia, by the end of 2023. These initiatives are part of YotaScale's strategy to increase its market presence and better serve a wider range of enterprise clients.

## Funding rounds

- Series B, Oct 12, 2020, $13M — Pelion Venture Partners, Crosslink Capital, Felicis Ventures, Engineering Capital
- Series A, Nov 7, 2018, $8M — Pelion Venture Partners, Crosslink Capital, Engineering Capital
- Seed, Jan 1, 2017, $3.6M — Pelion Venture Partners, Engineering Capital, NewDo Venture
- Seed, Jan 1, 2016, $1.2M — Engineering Capital

## Investors

- Engineering Capital (https://capitalatlas.ai/funds/engineering-capital) — Seed, Series A, Series B
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed, Series A, Series B
- NewDo Venture (https://capitalatlas.ai/funds/newdo-venture) — Seed
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B