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10/25/2023 6:02:06 AM
Kubernetes optimizations land from PerfectScale
Kubernetes,Optimization,Container-based applications,PerfectScale
App Developer Magazine
Kubernetes optimizations land from PerfectScale

Open Source

Kubernetes optimizations land from PerfectScale

Wednesday, October 25, 2023

Richard Harris Richard Harris

PerfectScale recently secured over $7M in funding and plans to revolutionize Kubernetes optimization by expediting its pace of innovation and expanding the company’s sales and marketing infrastructure, starting with Day-2 Kubernetes operations.

PerfectScale announced that they have successfully closed $7.1 million in seed funding, led by Blumberg Capital with participation from Upwest, Prelude Ventures, K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. The latest investment brings the company’s total funding to nearly $10 million, since its founding in March, 2022.

With the majority of cloud workloads now running on Kubernetes, and with the market size anticipated to reach USD $7.8B by 2027, its popularity is continuing 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 lies in mastering Day 2 Kubernetes operations, where optimizing costs and performance emerges as a pivotal focus.

PerfectScale secures $7.1M in funding to revolutionize Kubernetes optimization

PerfectScale's Autonomous Optimization and Governance Platform streamlines Day 2 operations by empowering teams to take control of their Kubernetes environments. The easy-to-use solution enables any Kubernetes practitioner, from novice to expert, to right-size and right-scale environments - perfectly balancing the demand, performance and cost of their application. With PerfectScaler - 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 changes impacting the environment. 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 round of funding, PerfectScale plans to expedite its pace of innovation and expand the company’s sales and marketing infrastructure. 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. Through these efforts, PerfectScale will take a leadership position in the K8s optimization space, ensuring organizations reach and maintain desired application performance, efficiency, and cost KPIs.

"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," said 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," said Amir Banet, Co-founder and CEO of PerfectScale.

PerfectScale has garnered attention from major technology research firms, recently named a Cool Vendor by Gartner. The new funding round will help augment Kubernetes optimization on a global scale.

Amir Banet CEO of PerfectScale

Amir Banet CEO of PerfectScale

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