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flag PointFive raises $20M to optimize cloud spending, backed by big investors.

flag PointFive, a cloud cost optimization platform, has raised $20 million in Series A funding. flag Investors include Salesforce Ventures, Index Ventures, and others. flag The company uses its DeepWaste™ Detection Engine to identify and fix inefficiencies in cloud infrastructure, helping businesses save up to 30% on cloud costs. flag Funds will be used to expand multi-cloud support and grow the team and sales efforts in the U.S.

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