Coincidentally, one of the angels, Shachar, made his name with a cloud cost optimization tool called Spot, which he eventually sold to NetApp, before going on to found Upwind. It’s the opposite story with PointFive’s CEO and co-founder, Alon Arvatz, who previously founded a security startup, IntSights, which he sold to Rapid7 for $350 million before founding PointFive in cloud optimization. This is because in the cloud, security and cost control are really two sides of the same coin: both need the same data on usage across instances, apps and endpoints to operate. (Sidenote: that was also the impetus for founding PointFive. Arvatz said he realised with his previous startup that it was a challenge to sell cloud security to teams who were under pressure to explain why they needed quite so much of it, when they couldn’t show to finance where cloud spend was going in the first place.)
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