PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds | TechCrunch
Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI.
A startup called PointFive believes it has found a better way to get a grip on that usage, and on Tuesday it announced $20 million in funding from an impressive list of backers to help it square up to the market.
New investor Salesforce Ve...
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