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Insight Partners led a $40m Series C round in Finout.

Synopsis

Insight Partners, a global software investor, led a $40m Series C round in Finout, a FinOps-for-enterprise platform designed to help organizations manage and optimize their cloud expenditures, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. "We have been closely monitoring the FinOps space for years. With cloud costs and complexity spiraling and AI investments accelerating, the need for sophisticated cloud cost management is critical. Finout's impressive growth trajectory demonstrates they've become a market leader and trusted enterprise solution at exactly the right moment. The cloud cost management market represents a massive opportunity, and we believe Finout has proven they're positioned to lead it," Teddie Wardi, Insight Partners Managing Director.

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