Technology
nOps Raises $30M to Optimize AWS Customers’ Cloud Spend
Companies don’t necessarily have to produce groundbreaking technology to gain traction within the marketplace. Undercutting rivals could be enough to make a dent in a competitive industry. So can counting on connections to win customers who need a fast fix.
Operational Operations is an example of this. Like countless other vendors, nOps sells software designed to “optimize” the budgets that corporations spend on cloud services and products. Yet the corporate has managed to grow faster — and greater — than lots of its rivals, perhaps partially since it serves AWS customers exclusively.
nOps says its customer base has grown 450% prior to now 18 months and that it helps customers manage greater than $1.5 billion in AWS cloud spend. That clearly impressed investors; this month, nOps closed a $30 million Series A funding round led by PE firm Headlight Partners, bringing nOps’ total raised to $40.5 million.
JT Giri, founder and CEO of nOps, began within the cloud industry as a network engineer and DevOps consultant. In 2012, he decided to put those skills to use and co-founded AWS-focused consulting firm nClouds. nOps began as a spin-off of nClouds in 2017, and after nClouds was acquired by Charles Thayne Capital in 2022, Giri dedicated himself to nOps full-time.
“There’s a growing pain in the cloud space,” Giri told TechCrunch. “As companies tighten budgets ahead of fiscal year 2025 planning, a solution that provides a comprehensive, automated view of cloud costs is critical.”
As Giri notes, for a lot of corporations, effective use of the cloud stays an aspiration, not a reality, especially as corporations invest increasingly in cloud-hosted AI projects. (Gartner projects According to a 2024 Statista report, spending on cloud services will reach $675.4 billion in 2024, up from $561 billion in 2023. questionnaire84% of organizations said managing cloud spend was a “significant” challenge for them due to obstacles related to governance, security, and technology expertise.
nOps addresses the obstacles to cloud optimization from several different perspectives. It generates dashboards and reports that show all of an organization’s AWS spend and mechanically handles tasks that may potentially get monetary savings. This includes steps like resource planning and “rightsizing,” stopping idle instances and containers, and dynamically adjusting storage volumes.
“nOps uses AI and machine learning to analyze compute needs and automatically optimize for performance, reliability, and cost,” Giri said. “For most of its products, nOps has a unique and flexible pricing structure where it doesn’t get paid until the customer saves money; nOps gets a percentage of the cost savings.”
Giri didn’t say where nOps stands when it comes to revenue, nor did he say exactly how many shoppers nOps has today. But he did suggest that the Series A round positions the startup well for the approaching months.
What’s next for nOps? Giri says the plan is to grow from 60 employees now to 80 by the top of the yr, and construct recent integrations with AWS products and open-source cost-optimization tools.
“In our experience processing over $1.5 billion in AWS cloud spend, 30% of cloud costs are wasteful and 20% are spent on-demand, the most expensive type of purchase, leaving organizations with a huge opportunity to reduce their monthly cloud costs,” Giri said. “nOps provides insight, identifies inefficiencies, and enables resource optimization through built-in automation or one-click changes.”
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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