Cast AI, a Miami-based startup that helps businesses automate cloud infrastructure management, said on Wednesday it has raised $108 million in a late-stage funding round led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/g2-venture-partners” target=”_blank”>G2 Venture Partners and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/softbank-vision-fund” target=”_blank”>SoftBank Vision Fund 2. The oversubscribed round, which also saw participation from existing investors such as Aglae Ventures, valued the company at $850 million, a person familiar with the matter said.
This brings Cast AI’s total funding to over $180 million, as it looks to expand to more markets and cater to growing demand.
The company helps…
