PointFive is a technology company specializing in cloud cost optimization. The company aims to help businesses manage and reduce their cloud expenses through advanced detection and analysis software. Founded by Alon Arvatz, Gal Ben-David, and Amir Hozez, PointFive emerged from the founders' experience in cybersecurity with IntSights, which was acquired in 2021. The company is based in Tel Aviv, Israel, and has raised $16 million in seed funding to grow its operations and technology. As of late 2024, PointFive is focused on expanding its presence in the United States.
In recent years, PointFive has made several key developments:
| Attribute | Information |
|---|---|
| Founding Date | Not publicly specified, emerged around 2024 |
| Headquarters | Tel Aviv, Israel |
| Founders | Alon Arvatz, Gal Ben-David, Amir Hozez |
| Revenue | Not publicly disclosed |
| Key Investors | Index Ventures, Entrée Capital, Sheva Capital, Vesey Ventures |
| Industry | Cloud Computing, Cost Optimization |
| Number of Employees | Not publicly disclosed |
Alon Arvatz, Gal Ben-David, and Amir Hozez founded PointFive after their previous success with IntSights, a cybersecurity company acquired by Rapid7. The founders are alumni of the Israeli Unit 8200, known for its technological expertise. The idea for PointFive arose from the realization that many enterprises face challenges in optimizing their cloud infrastructures, often overlooking significant cost-saving opportunities. Their experience in cybersecurity translated well into cloud cost management, as they employed similar analytical and technical skills to launch PointFive's pioneering platform.
PointFive has positioned itself as a leader in the cloud cost optimization space. Its technology, including the unique DeepWaste™ Detection Engine, allows enterprises to identify and remediate inefficient cloud expenditures:
PointFive focuses on continuous innovation in cloud cost optimization. Its products seamlessly integrate with existing enterprise systems, enhancing cloud cost visibility and management. The company targets large enterprises with complex cloud usage architectures, helping them streamline expenses and align operations with broader business objectives. As of 2024, PointFive has made significant strides in the U.S. market, bolstering its position with additional funding and strategic expansions.
PointFive is a key player in the cloud cost optimization sector, offering innovative solutions that target inefficiencies in enterprise cloud spending. With its strong founding team, strategic investments, and continuous product advancements, PointFive is well-positioned to influence the way businesses approach cloud infrastructure management. As cloud technology continues to evolve, PointFive's focus on efficiency and integrated solutions positions it for substantial growth and impact in the industry.