Spot (also known as Spotinst) is a SaaS optimization platform that delivers significant cost reduction for AWS and GCP, while maintaining high availability and performance. The Company offers a unique cost-oriented cluster, across data-centers and instance types, auto-scaled, and auto-optimised. Spotinst can be deployed on Amazon Web Services, Google Cloud Platform and Microsoft Azure. It has a designated Machine Learning software that takes DevOps and financial decisions in real-time and saves the overhead and management of cloud computing purchasing options such as On-Demand, Reserved and bidding strategies of Spot Instances. Spotinst chooses the most cost-effective compute resources based on your application workload, allowing you to focus on your business growth rather than chasing ghosts.

TypeSubsidiary
Parent CompanyNetApp
HQSan Francisco, CA, US
Founded2015
Websitespot.io
Cybersecurity ratingAMore
Spot was founded in 2015 and is headquartered in San Francisco, CA, US

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Spot

Amiram Shachar

Amiram Shachar

Co-Founder & CEO
Liran Polak

Liran Polak

Co-Founder & Chief Architect
Kevin McGrath

Kevin McGrath

CTO
Lavi Ferdman

Lavi Ferdman

VP of Strategy & General Manager, Israel
Stav Maor

Stav Maor

Chief of Staff
Jon Bock

Jon Bock

CMO
Show more

Spot Office Locations

Spot has offices in San Francisco, New York, Seattle, Tel Aviv-Yafo and in 1 other location
San Francisco, CA, US (HQ)
221 Pine St Floor 5, San Francisco
New York, NY, US
549 Broadway 11th floor
Seattle, WA, US
500 Yale Ave N
Tel Aviv-Yafo, IL
Ahad Ha'Am St 9
London, GB
1 Poultry
Show all (5)

Spot Financials and Metrics

Summary Metrics

Founding Date

2015

Total Funding

$52.6 m

Investors

In total, Spot had raised $52.6 m. Spot is a subsidiary of NetApp

Spot Operating Metrics

Oct, 2017

Customers

1 k
Show all operating metrics

Spot Acquisitions / Subsidiaries

Company NameDateDeal Size
StratCloudApril 18, 2019

Spot Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Spot Online and Social Media Presence

Embed Graph

Spot Company Culture

  • Compensation

    A+

    100/100

Learn more on Comparably

Spot News and Updates

Spotinst, the startup enabling companies to purchase and manage excess cloud capacity, acquires StratCloud

Spotinst, the cloud automation and optimization startup founded in Tel Aviv but now with offices in San Francisco, New York, and London too, has acquired AWS partner StratCloud. Terms of the deal remain undisclosed, although I’m hearing it combines both cash and stock and was somewhere in the region…

Cloud cost optimization firm Spotinst raises $35M in new funding round

Israeli cloud infrastructure optimization startup Spotinst says it has “hyperexpansion” on its mind after raising a new funding round worth $35 million. The Series B round, led by Highland with participation from previous investors Leaders Fund, Intel Capital and Vertex Ventures, brings the company…

Spot Blogs

NetApp to Acquire Spot

Combined companies to establish leadership in Application Driven Infrastructure, optimizing both public cloud compute and storage costs with its leading platforms   SUNNYVALE, CA—June 3, 2020—NetApp® (NASDAQ: NTAP), the leader in cloud data services, today announced it has entered into a definitive …

The Next Spot

Since founding Spot five years ago, I’ve lost track of the number of conversations I’ve had with other companies who wanted to talk about their vision of where the market is going and about working together. Most of those conversations were not particularly memorable. However, several months ago I w…

Flexibly route traffic to designated Kubernetes infrastructure nodes

  Ocean by Spot is a Kubernetes data plane service that provides a serverless infrastructure engine for running containers. Ocean is designed to work in such a way that pods and workloads can take advantage of the underlying capabilities of cloud infrastructure such as compute, networking and storag…

Apache Spark workloads on Kubernetes

  As an open-source, distributed, general-purpose cluster-computing framework, Apache Spark is popular for machine learning, data processing, ETL, and data streaming. While Spark manages the scheduling and processing needed for big data workloads and applications, it requires resources like vCPUs an…

Introducing the FinOps engineer

  It’s 2020 and running infrastructure on the cloud has become quite standard for many companies. This is underscored by a Canalys report that shows 2019 global cloud spend at $107 billion. This spend on cloud services is spread across AWS with 32.4% of the market, Azure at 17.6%, Google Cloud at 6%…

Ocean achieves Red Hat OpenShift Operator Certification

  As container usage keeps expanding, Ocean by Spot keeps evolving. Today we are thrilled to announce that Ocean supports Red Hat OpenShift officially, along with a certified operator.  Ocean is a proven Kubernetes data plane service that provides a serverless infrastructure engine for running conta…
Show more

Spot Frequently Asked Questions

  • When was Spot founded?

    Spot was founded in 2015.

  • Who are Spot key executives?

    Spot's key executives are Amiram Shachar, Liran Polak and Kevin McGrath.

  • How many employees does Spot have?

    Spot has 206 employees.

  • Who are Spot competitors?

    Competitors of Spot include Stitch Data, Pivotal and DigitalOcean.

  • Where is Spot headquarters?

    Spot headquarters is located at 221 Pine St Floor 5, San Francisco, San Francisco.

  • Where are Spot offices?

    Spot has offices in San Francisco, New York, Seattle, Tel Aviv-Yafo and in 1 other location.

  • How many offices does Spot have?

    Spot has 5 offices.