The Israeli firm Granulate, an independent real-time computing workload optimization and cost-cutting solution, today announced the completion of a $ 30 million Series B financing round. The round was led by Red Dot Capital partners with the participation of existing investors, TLV Partners, Hetz Ventures and the new investor. The company raised $ 45 million after it raised $ 12 million last April, and since then the company’s adoption of the solution has more than tripled. Over the past 10 months, Granulate has experienced 360% new customer growth and 570% revenue growth. Related Articles Workload Optimization Granulate leverages $ 12 million in Granulate’s AI-powered solutions that prioritize workloads to meet a company’s unique needs, reducing response times by up to 40% and increasing productivity five times. Granulate was founded by CEO Asaf Ezra and CTO Tal Saiag. “Companies with growing needs for computing resources faced a simple trade-off – pay more or manage for less,” said Ezra. Granulate allows companies to do both: get more with what they already have with less pay, and gain higher efficiencies and margins. In the wake of today’s tough financial realities, “We have seen an amazing increase in demand for our solutions that save business money, computing resources and time. Improved computing power means improved business.” “The unique Granulate technology and impressive growth since the last round of financing reflect increased market demand for a game-changing optimization solution. For companies facing rising infrastructure costs or focusing on lowering operating costs,” said Red Dot Capital Partners’ managing partner, Yaniv Stern. Granulate offers offers a solution that can lead to additional improvement regardless of any other solutions already published by customers. ”Posted by Globes, Israel business news – en.globes.co.il – on February 3, 2021 © Copyright © Globes Publisher Itonut (1983) Ltd. 2021
The workload improvement company Granulate collects $ 30 million
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