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Finout secures $40M to dominate cloud cost management amid industry shake-up

Finout has raised $40 million in a Series C round, doubling its valuation as enterprises seek alternatives to Broadcom and IBM-owned competitors. The Tel Aviv- and New York-based FinOps firm helps businesses optimize cloud spending through analytics, predictions, and cost management strategies. With clients like Lyft and The New York Times, Finout plans to expand its engineering and go-to-market teams to meet rising demand.

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