ScaleOps raises $130M to improve computing efficiency amid AI demand | TechCrunch

Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. AI may be booming, but behind the scenes, companies are wasting vast amounts of expensive compute. GPUs sit idle, workloads are over-provisioned, and cloud costs continue to climb. ScaleOps believes the problem isn’t a shortage — it’s mismanagement. The startup, which builds software that automatically manages and reallocates computing resources in real time, has raised $130 million at an $800 million valuation, ScaleOps said Monday. The Series C funding round was led by Insight Partners, with participation from existing investors, including Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital. The company says its software reduces cloud and AI infrastructure costs by as much as 80%. ScaleOps was co-founded in 2022 by Yodar Shafrir, a former engineer at Run:ai, a GPU orchestration startup acquired by Nvidia, after seeing firsthand how difficult it was for companies to manage increasingly complex AI workloads. While tools like Kubernetes help run applicati