DoiT has established a $250 million fund to acquire companies building autonomous cloud optimization, AI-driven CloudOps, and cloud reliability technology. The fund follows 40% annual revenue growth in 2024 and builds on the recent acquisitions of PerfectScale and LiveDiagrams.
Where the Capital Is Going
The fund targets three categories of acquisitions:
- Autonomous cloud cost optimization for storage, networking, and AI workloads
- AI-driven CloudOps that automate break/fix runbooks in Kubernetes-first environments
- Cloud management solutions focused on reliability, performance, and security
These investments extend DoiT Cloud Intelligence, the platform behind the company's growth across 4,000+ customers in more than 75 countries.
Why Now
Cloud workloads are getting harder to manage as adoption scales. FinOps teams collect more data than they can act on, and engineering teams need faster paths from insight to remediation.
"FinOps teams have too much data and not enough context," said Vadim Solovey, CEO of DoiT. "We see an immense opportunity to further integrate next-generation AI capabilities into DoiT Cloud Intelligence, a platform that enables businesses to autonomously optimize rate and usage, all while balancing security, performance, and reliability."
What This Means for Customers
DoiT will continue serving cloud-native businesses across North America, Israel, Europe, and APAC. The roadmap pairs deep AWS expertise with new AI capabilities that reduce costs while protecting performance, security, and reliability.
Read more about DoiT's recent acquisitions of PerfectScale and LiveDiagrams.