Transaction Date
June 2022
Industry
Infrastructure Software
Target Company
ProsperOps
Buyer/Investor
H.I.G. Growth Partners & Snowhawk
Description
Founded in 2018, ProsperOps is the leading FinOps automation platform for cloud cost optimization across Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. Eliminating waste and achieving cost savings goals is challenging when cloud usage is dynamic but financial commitments are manual. ProsperOps addresses this challenge through its autonomous optimization platform, which continuously synchronizes rate optimization with real-time workload changes to reduce costs, risk, and operational burden for FinOps teams.