DoiT announces USD $250m fund to boost AI automation
DoiT has announced a USD $250 million fund aimed at advancing AI-driven automation in its cloud operations.
The company intends to enhance infrastructure optimisation, security, and streamline operations as more businesses transition to public cloud services. As demand for AI technology increases globally, significant investment is required both in AI tools and the digital infrastructure that supports them. An M&A strategy positions companies to enhance their business portfolios by acquiring assets that are aligned with the AI value chain.
DoiT's latest financial commitment follows its recent acquisitions of PerfectScale and LiveDiagrams. These acquisitions form part of a broader M&A strategy to develop an advanced offering in AI-powered FinOps.
There is a dedication within DoiT to lead the future of AI-driven FinOps through further strategic acquisitions designed to drive growth. The company reported a 40% increase in annual revenue in 2024, supporting the establishment of this USD $250 million fund.
DoiT CEO Vadim Solovey commented on the potential impact of AI in cloud operations management. "FinOps teams have too much data and not enough context," Solovey said. "We see an immense opportunity to further integrate next-generation AI capabilities into DoiT Cloud Intelligence, a platform that enables businesses to autonomously optimize rate and usage, all while balancing security, performance, and reliability."
The company's strategic acquisitions aim at acquiring expertise in several areas, including autonomous cloud cost optimisation, specifically targeting storage, networking, AI workloads, AI-driven CloudOps, and cloud management solutions focusing on reliability and security.
M&A as a Growth Engine
DoiT's recent acquisitions of PerfectScale and LiveDiagrams are part of a broad M&A strategy to build the most advanced AI-powered enterprise-grade FinOps platform. With these investments, the company is actively exploring acquisitions of companies specializing in:
● Autonomous cloud cost optimization, specifically in storage, networking, and AI workloads
● AI-driven CloudOps automating break/fix runbooks, especially in Kubernetes-first environments
● Cloud management solutions focusing on reliability, performance optimization, and security measures
By expanding its capabilities through strategic acquisitions, DoiT is strengthening its position as the most trusted cloud intelligence partner for modern enterprises with more than 4,000 customers in 75+ countries.
A Global Vision for the Future
DoiT's expansion strategy continues to focus on serving cloud-native businesses in North America, Israel, Europe, and APAC, where demand for AI-powered cloud operations is growing rapidly. The company's deep expertise in AWS, combined with new AI-driven capabilities, will enable organizations to proactively and autonomously reduce costs while balancing performance, security, and reliability.
"We're not just investing in technology—we're investing in the future of cloud operations automation, making it easier for companies to adopt AWS at an accelerated pace," added Solovey.
"With this fund, we're doubling down on our mission to bring intelligent, autonomous cloud management to modern companies that are delivering the next wave of innovation."
