March 4, 2025 | Santa Clara, CA
DoiT today announced a $250 million fund to acquire companies building autonomous cloud optimization, AI-driven CloudOps, and cloud reliability, performance, and security technology.
The fund follows 40% annual revenue growth in 2024 and recent acquisitions of PerfectScale and LiveDiagrams.
Where the capital goes
DoiT is targeting acquisitions in three areas:
- Autonomous cost optimization for storage, networking, and AI workloads
- AI-driven CloudOps that automate break/fix runbooks in Kubernetes-first environments
- Cloud management focused on reliability, performance, and security
Why now
"FinOps teams have too much data and not enough context," said Vadim Solovey, CEO of DoiT. The fund extends DoiT Cloud Intelligence™ with AI capabilities that autonomously optimize rate and usage while balancing security, performance, and reliability.
Reach
DoiT serves more than 4,000 customers across 75+ countries, with continued expansion across North America, Israel, Europe, and APAC.
Read more about DoiT's acquisition strategy here.