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An AI-cloud-infrastructure startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
Save the Date:
Oct. 14 -16 | Memphis, TN
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Magalix
Magalix uses AI to eliminate the complexity of balancing application needs with cloud infrastructure. It makes sure that applications get enough resources inside Kubernetes to meet business Key Performance Indicators (KPIs) with the least amount of resources. It helps teams move 10x faster and maximize the efficiency of their infrastructure.
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Magalix eliminates the uncertainty around the hard-to-predict capacity needs. It predicts changes in workloads with high accuracy to proactively adapt applications resources and infrastructure capacity. Magalix customers simplified their operations by 10x, achieved 50% savings of cloud costs, and improved their SLA significantly.
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What Problem Are They Solving?
Teams struggle to balance performance, resources, and the cost of running their applications on top of cloud infrastructure. A lot of hard-to-track variables impact these three factors of capacity management. Many teams end up slow development cycles, overspending, and frustrated customers. Magalix SaaS right-sizes Kubernetes utilization, achieve better app performance and lower your cloud infrastructure cost in 5 minutes or less.
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What's Innovative About Their Solution?
With Magalix, teams improve their applications performance and capacity issues in 5 minutes or less. It is a single command line and Magalix Autopilot takes care of the rest. Also, our advanced Node Advisor feature compares 100s of possibilities multiple times a day to give users the best combination of infrastructure. Magalix customers do not require specialized knowledge, switch between different tools, or a significant time investment to achieve improve their user’s experience and save on cloud cost.
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⚙️ Product Stage
First Full Release
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🏭 Industries
B2B, Entreprise Software, Artifical Intelligence
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🤑 Fundraising Status
Considering raising
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💸 Total Funding
To Date
$500k-$1.5MM
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🙌 Founder Demographics
Minority founders
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Big Wins
Our last 6 months highlights:
- Released the product October 2018
- Open sourced the agent (part of our product) November 2018
- Acquired our first enterprise customer end of November 2018
- Became Google partners and featured in KubeCon 2018 - December 2018
- Acquired our first 100 users November 2018
- Featured in Google marketplace January 2019
- Introduced 3 additional performance management features April 2019
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Contact the Founder:
Omar Mehilba
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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