Spot - About the company
Spot is an acquired company based in San Francisco (United States), founded in 2015 by Amiram Shachar and Liran Polak. It operates as a Provider of IT management solutions for cloud, SaaS, and data centers. Spot has raised $63M in funding from Highland Europe, with last known valuation of $*****. The company has 483 active competitors, including 69 funded and 34 that have exited. Its top competitors include companies like Zscaler, Apptio and Zluri.
Company Details
Provider of IT management solutions for cloud, SaaS, and data centers. The company offers tools for managing IT spend, software licenses, cloud costs, and IT asset lifecycles. It also provides solutions for CMDB data quality, IT inventory, and security risk management. The company's platform delivers visibility and control to optimize spend, reduce risk, and accelerate business outcomes.
- Website
- spot.io
- Email ID
- *****@spot.io
- Phone Number
- +1 **********
- Registered Address
- NetApp Bangalore Campus ITPL Main Road, Hoodi, Bangalore, Bangalore, Karnataka, India, 560048
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Acquired
Total Funding
$63M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 04, 2020
Investors
Ranked
24th among 483 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
96 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Flexera (Jan 15, 2025)
Legal entities associated with Spot
Spot is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Netapp, Inc. CIN: 2846794 , United States, Active | Dec 18, 2002 | - | 5549 (As on Dec 31, 2023) | - |
NETAPP INDIA PRIVATE LIMITED CIN: U72200KA2000PTC032301 , India, Active | Aug 25, 2000 | ₹1,000+ Cr (As on Mar 31, 2025) | 3372 (As on Apr 01, 2026) |
Spot's acquisition details
Spot got acquired by Flexera on Jan 15, 2025.
Click here to take a look at Spot's acquisition in detail
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Spot's funding and investors
Spot has raised a total funding of $63M over 2 rounds. Its latest funding round was a Series B round on Aug 28, 2018 for $*****. 4 investors participated in its latest round. Spot has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Spot:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 28, 2018 | 6520193 | Series B | 8546504 | 2041296 | 9070606 | 4117942 |
View details of Spot's funding rounds and investors
Spot's founders and board of directors
Founder? Claim ProfileThe founders of Spot are Amiram Shachar and Liran Polak.
Here are the details of Spot's key team members:
- Amiram Shachar: Former Co-Founder & CEO of Spot and founder of 3 other companies, Upwind, Upwind and Spotinst. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Liran Polak: Former Co-Founder of Spot and founder of 2 other companies, Upwind and Spotinst.
View details of Spot's Founder profiles and Board Members
Spot's employee count trend
Spot has 96 employees as of Aug 26. Here is Spot's employee count trend over the years:
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Spot's Competitors and alternates
Top competitors of Spot include Zscaler, Apptio and Zluri. Here is the list of Top 10 competitors of Spot, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zscaler 2007, San Jose (United States), Public | Provider of cloud-based security solutions for enterprise zero trust architecture | $148M | 82/100 | |
2nd | Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
3rd | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 70/100 | |
4th | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 69/100 | |
5th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
6th | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 67/100 | |
7th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 66/100 | ||
9th | Tangoe 2000, Boulevard (United States), Acquired | Cloud based platform offering IT expense life cycle management software | $34.2M | 65/100 | |
10th | SAP Ariba 1996, Palo Alto (United States), Acquired | E-procurement, invoicing, and B2B collaboration software for businesses | - | 65/100 | |
24th | Spot 2015, San Francisco (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $63M | 56/100 |
Looking for more details on Spot's competitors? Click here to see the top ones
Spot's Investments and acquisitions
Spot has acquired StratCloud. Spot has not made any investments as of now.Reports related to Spot
Here is the latest report on Spot's sector:
News related to Spot
•
Flexera bolsters FinOps offering with Spot Eco and Ocean, and signs GreenOps partnership with Greenpixie
GlobeNewswire•May 29, 2025•Greenpixie, Spot, Flexera
•
Flexera Completes Acquisition of NetApp's Spot FinOps PortfolioBEAMSTART•Mar 03, 2025•Flexera, NetApp, Spot
•
Flexera Completes Acquisition of NetApp's Spot FinOps PortfolioBenzinga•Mar 03, 2025•Flexera, NetApp, Spot
•
Flexera To Acquire NetApp's FinOps Business Amid Channel ChargeCRN•Jan 15, 2025•Flexera, NetApp, Spot, FinOps
•
Spot by NetApp Achieves FinOps Foundation’s Certified Platform CertificationFinancial Post•Jun 20, 2024•Spot
•
Spot by NetApp Achieves FinOps Foundation's Certified Platform CertificationNetApp•Jun 20, 2024•NetApp, FinOps, Spot
•
NetApp lance Cloud Optimization Service with Spot by NetAppGlobalsecuritymag•Apr 03, 2023•NetApp, Spot
•
Highland Europe launches new €1 billion fundTech.eu•Jan 23, 2023•Highland Europe, Adjust, AMCS, Camunda and 18 others
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