May 8, 2023
|
News
|
1 minute
We are excited to congratulate Antimetal, a cloud cost optimization platform based in New York, on its successful emergence from stealth mode and its announcement of raising $4.3 million in seed funding.
This funding round was led by Framework Ventures, with significant participation from Chapter One, IDEO CoLab Ventures, Polygon Ventures, Alchemy Ventures, and Builder Capital. Additionally, the round saw contributions from several prominent angel investors, including the Ecosystem Lead at Starkware, a Software Engineer at Optimism, the CEO of Waymont, and the Founder and CEO of Saddle.
The newly acquired funds will be directed towards expanding Antimetal's engineering team and further developing its platform. Antimetal's AI-powered platform offers a one-click integration that can analyze an entire account, generate a custom risk model, and identify the most effective strategy for each company's unique needs in just seconds.
By enabling startups and enterprises to save millions on cloud costs, Antimetal empowers these companies to allocate their resources more effectively and concentrate on their core business objectives. With this fresh injection of capital, Antimetal is well-positioned to continue making a substantial impact in the cloud cost optimization industry.