Spot

Company Overview

Snapshot

Founded in February 2015 by Amiram Shachar, Aharon Twizer, and Liran Polak, Spot operated with 51–200 employees. The company raised a total of $52.6 million across 4 funding rounds from 9 investors. In June 2020, Spot was acquired by NetApp.

Business overview

Spot provides a SaaS optimization platform designed to help businesses reduce costs while maintaining high availability and performance in cloud environments. The company offers a virtual cloud-agnostic layer that functions as a multi-cloud enabler, providing high availability across Amazon Spot Market, Microsoft Azure low-priority virtual machines, Google preemptible virtual machines, and Packet bare metal servers. Spot facilitates the balance between various infrastructure purchase options and offers smart infrastructure products, primarily serving enterprises within the Business Software sector, focusing on cloud, data storage, and AI/machine learning technologies.

Strategic signal

In November 2025, it was reported that Flexera, which had acquired Spot from NetApp, decided to cease the startup's operations in Israel, leading to employee layoffs. This indicates a significant operational restructuring and a shift in the company's regional presence and strategic direction under its current ownership.

Company Intelligence Q&A

When was Spot acquired by NetApp?

Spot was acquired by NetApp in June 2020.

What was the reported acquisition amount when NetApp acquired Spot?

NetApp acquired Spot for $450 million in July 2020, as reported by Globes and Calcalistech.

Which company acquired Spot from NetApp?

Flexera acquired Spot from NetApp in January 2025.

What was a significant operational change for Spot in November 2025?

In November 2025, Flexera decided to close Spot's operations in Israel, resulting in layoffs for local employees.

Did Spot make any acquisitions?

Spot acquired StratCloud in April 2019.