H.I.G. Capital completed the $72m investment in ProsperOps.

H.I.G. Capital, a private equity company, completed the $72m investment in ProsperOps, an optimization software provider. “Cloud waste is rampant and holistic optimization requires an automated approach. The scale and complexity of this problem necessitates an algorithmic rather than a human solution. We’ve been profitably growing the business by triple digits, and the backing from our investors enables us to fully pursue the market opportunity. We look forward to expanding our customer reach and cost optimization platform so every business can prosper in the cloud,” Chris Cochran, ProsperOps CEO.