Datafy.io, a startup focused on cloud storage efficiency, has just secured $20 million in seed funding to scale its EBS (Elastic Block Store) Storage Optimization Engine. Backed by Bessemer Venture Partners and Insight Partners, the funding marks a pivotal step in Datafy’s mission to help enterprises dramatically cut cloud storage costs without compromising performance.

The round was led by Zivan Ori, Ziv Serlin, and Yoav Ilovich, experienced tech entrepreneurs with deep expertise in storage systems, cloud infrastructure, and data optimization. 

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Solving the Cloud Waste Crisis

Datafy.io’s solution tackles one of the most persistent pain points in the cloud ecosystem: storage waste. As companies scale on AWS and other cloud providers, they often overprovision block storage volumes - paying premium prices for unused or underutilized capacity.

Datafy.io’s engine continuously analyzes EBS usage, identifies inefficiencies, and provides real-time, automated optimization recommendations. This results in significant cost savings without impacting performance or requiring manual intervention.

By integrating seamlessly into existing environments, the platform empowers cloud teams to make better resource allocation decisions - automatically.

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The Industry Outlook: Why Now is the Moment

The cloud infrastructure market is booming. Research from MarketsandMarkets forecasts the global cloud storage market will grow from $105.3 billion in 2023 to $217.0 billion by 2028, at a CAGR of 15.7%. This surge is driven by digital transformation, remote work, and exponential data growth.

But with that growth comes complexity - and cost unpredictability. Gartner estimates that 70% of cloud costs are avoidable, particularly in compute and storage. As startups scale, uncontrolled costs not only impact margins but also investor confidence. That’s where precision tools like Datafy.io become not just nice-to-haves - but essential infrastructure hygiene.

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What Does Datafy.io Do?

Datafy.io addresses a problem that’s only growing in urgency - cloud waste. As enterprises migrate more workloads to the cloud, they often overprovision storage and leave expensive EBS volumes underutilized. Datafy.io offers a turnkey optimization engine that continuously monitors, analyzes, and right-sizes EBS usage across multiple environments.

Key Features:

• Continuous EBS optimization for Amazon Web Services (AWS)
  
• Automated savings recommendations with one-click implementation
  
• Non-intrusive integration with existing cloud workloads
  
• Guaranteed cost reduction with visibility into volume utilization
  

By leveraging machine learning and real-time analytics, Datafy.io ensures organizations only pay for the cloud storage they actually use.

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Why It Matters Now

With global cloud spending expected to reach $1 trillion by 2027, according to Gartner, organizations are urgently seeking ways to reclaim wasted cloud spend. In fact, reports estimate that over 30% of cloud storage is unused or misallocated, resulting in billions of dollars lost each year. And EBS, despite being mission-critical, is notoriously prone to overprovisioning.

Founders should understand that cloud cost optimization isn’t a one-time fix - it’s a continuous discipline. Platforms like Datafy.io don’t just help reduce cloud bills; they empower companies with operational agility, allowing them to reinvest saved capital into product innovation and hiring. In a market where every dollar counts, especially for startups scaling cloud-native architectures, this kind of efficiency becomes a strategic differentiator.

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Backed by the Best: Strategic Investors

The funding round drew interest from Bessemer Venture Partners and Insight Partners, two of the most respected names in tech investing. Both firms have a track record of backing infrastructure startups like PagerDuty, LaunchDarkly, and Datadog, signaling strong confidence in Datafy’s potential to become a key player in the cloud cost intelligence space.

Their involvement not only brings capital but also a wealth of strategic guidance and deep enterprise networks that Datafy.io can tap into as it scales.

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How Datafy.io Fits into the Cloud Infrastructure Ecosystem

As cloud environments grow more complex, tools that can simplify infrastructure management and eliminate waste are becoming essential. Datafy.io positions itself at the intersection of DevOps, FinOps, and cloud engineering, making it a must-have for:

• CTOs looking to cut cloud bills
  
• FinOps teams optimizing spend
  
• Cloud architects needing granular EBS insights
  
• Startups scaling rapidly and needing to avoid overages
  

Their product is not only reactive but proactive - flagging potential inefficiencies before they become expensive.

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The Market Opportunity: Cloud Cost Optimization Tools

According to a 2024 report by Flexera, 63% of companies cite cloud cost optimization as their top cloud challenge. Yet most still rely on spreadsheets, in-house scripts, or general-purpose monitoring tools that don’t offer actionable insights.

Datafy.io competes in a hot but fragmented market that includes players like CloudHealth, Harness, and Spot.io, but differentiates through hyper-focused EBS optimization and user-friendly automation. While many tools require deep technical know-how, Datafy emphasizes ease-of-use, promising value within hours of integration.

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What’s Next for Datafy.io?

With $20 million in fresh capital, Datafy.io plans to:

• Expand its R&D team to enhance product capabilities
  
• Launch support for additional cloud platforms like Azure and Google Cloud
  
• Build out its go-to-market strategy across North America and Europe
  
• Form strategic partnerships with cloud resellers and enterprise consultants
  

As storage needs balloon across industries - from fintech to media to SaaS - Datafy.io aims to become the default solution for smart, scalable EBS management.

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Final Thoughts

Datafy.io isn’t just another cloud tool - it’s a wake-up call for companies hemorrhaging money through inefficient infrastructure. In an era where tech budgets are scrutinized and scalability is everything, startups and enterprises alike can no longer afford to ignore cloud optimization. With its fresh funding and laser focus on solving one of the most overlooked pain points in cloud computing, Datafy.io is poised to lead the charge.

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