Posted 1/17/2024, 11:06:01 AM
Vertice Raises $25M to Help Companies Optimize Cloud Spending
- Vertice raises $25M for software to help companies track and optimize software spending, an area seeing fast growth
- The company provides visibility into cloud and SaaS spending, usage, overlap, and compliance
- Vertice combines automation, AI analyzing usage trends, and human evaluation to flag optimizations
- The founders previously had exits with security company ScanSafe and Wandera; their background brings a security angle
- Investors Bessemer and 83North are continuing to back Vertice as it helps companies cut costs amid economic uncertainty