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Polar Signals wants to help companies cut cloud costs with more efficient code

Polar Signals wants to help enterprises cut cloud costs by writing "more efficient" code -- and it has secured $6.8 million to do so.

A young startup is setting out to help enterprises cut their cloud costs by writing “more efficient” code — and it has secured $6.8 million in fresh funding from notable backers including Alphabet’s GV, Spark Capital, and Lightspeed. “[The number one problem we solve] is helping organizations understand and improve resource bottlenecks — however, what we’ve learned is that the strongest motivation tends to be different than the one we initially thought,” Branczyk said. Since its formal commercial launch back in October, the company has amassed more than a dozen paying customers, including Vercel, Materialize, Canonical, and Weaviate — and this is something that its fresh cash injection will help it double down on, as it seeks further scale in the coming months and years.

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