CAST AI Stock

CAST is an AI-driven cloud optimization platform that slashes cloud cost, optimizes DevOps, and automates disaster prevention.

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About CAST AI Stock

CAST AI is a cloud optimization platform that reduces cloud costs, optimizes DevOps, and automates disaster recovery. CAST AI's intelligent optimization engine delivers a cost-efficient, high-performing, and resilient infrastructure for every Kubernetes workload. CAST AI brings resource and cost optimization to Kubernetes using an AI-driven optimization engine that applies cluster changes based on real-time workload conditions. It selects the most cost-effective instance types and bin-packs pods for maximum utilization. The platform uses spot instances that offer 70 to 90% discounts and are automatically selected for any stateless workloads. CAST AI also sets pod scaling parameters to achieve optimal application performance while maximizing cost savings. Moreover, users get detailed cost reports to enable forecasting expenses at the level of the project, cluster, namespace, and deployment, down to individual microservices. CAST AI provides an opinionated Kubernetes implementation that hides the infrastructure complexities with automation. So DevOps engineers no longer have to deal with IaaS complexity and can finally focus on higher-order cloud-native abstractions and concepts. They can create and manage CAST AI components through API, CLI, and Terraform to automate their infrastructure lifecycle management. CAST AI also provides services for in-cluster observability (logging, tracing, and metrics) and built-in security (encryption at rest and in transit). CAST AI protects workloads against downtime with a Disaster Avoidance strategy based on cloud neutrality and multi-cloud capabilities. To achieve 100% uptime, CAST AI adopts the active approach to Disaster Recovery by stretching applications and data across multiple clouds so that a cloud failure never becomes a disaster. Underlying all of our technology is a custom multi-cloud networking layer that makes the magic happen.

Funding History

November 2020$8.0M
October 2021$10.0M
March 2023$20.0M
November 2023$35.0M

Management

Co- Founder & CEO

Yuri Frayman

Cofounding Head of Human Resources

Austeja Zymantaite

VP of Marketing

Viktorija Pajarskė

CTO

Leon Kuperman

Co-Founder, Chief Product Officer

Laurent Gil

Co-founder & Senior Director of Engineering

Augustinas Stirbis

Regional Director

Antuan Frayman

Cloud Optimization Specialist

Juan Guerrero

Finance Director

Anrenas Karvelis

Co-Founder, Director of Operations

Vilius Zukauskas

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