A New Era in Autonomous Cloud Management Begins with Zesty’s $35 Million Series A

The idea for Zesty was born out of everyday experiences and real-life frustrations with handling the complexities of cloud management. As a VP of customer success, my clients were repeatedly plagued with high cloud bills which were difficult to control due to the dynamic nature of their cloud environments. At the same time, my co-founder, Alexey Baikov, was a cloud engineer responsible for ensuring the stability and performance of cloud applications. As a part of his job, he was required to make constant manual adjustments, predict capacity needs far in advance, and wake up in the middle of the night to accommodate peaks in scale.

We realized we were experiencing the same problem, but from a different angle. On one hand, talented DevOps engineers were spending too much of their time babysitting the cloud, and on the other hand, businesses were not able to leverage the full flexibility of the cloud as they scaled. Running the cloud efficiently was a humanly impossible task, and as a result, businesses were significantly overspending in order to ensure the stability and performance of their applications.

After several conversations about this issue, Alexey and I came to the same conclusion. We believe engineers should never be forced to choose between stability, performance, and cost efficiency. So we set out to create a product that would enable businesses to leverage the full flexibility, scalability, and efficiency of the cloud with zero human input. We knew our secret ingredient would be AI automation due to its tremendous potential to consume large amounts of data to make critical decisions quickly and seamlessly without any human error.

Our dream turned into reality with the launch of our first product, Commitment Manager, an AI-driven RI automation technology which automatically buys and sells EC2 Reserved Instances according to real-time application needs. After gaining more and more momentum, we were excited to see how well our product actually worked! We were able to save our clients over 50% on EC2 without any effort on their end.

Despite the success of Commitment Manager, we weren’t done yet. In May of 2021, we launched Zesty Disk, the world’s first cloud storage autoscaler that autonomously shrinks and expands storage volumes according to current demand. After only a few months, we’re seeing unbelievable success with Zesty Disk as more and more of our customers are able to save 70% on EBS without making any manual adjustments, while improving their application’s performance