Tech Company Financing Transactions

PointFive Funding Round

PointFive, based in Tel Aviv-Yafo, secured $20 million from Salesforce Ventures, Entree Capital and Index Ventures.

Transaction Overview

Company Name
Announced On
11/12/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors

Salesforce Ventures (Lead Investor)

Entree Capital

Index Ventures

private investors (Amiram Shachar)

private investors (Assaf Rappaport)

private investors (Dean Sysman)

private investors (Kfir Tishbi)

private investors (Mickey Boodaei)

private investors (Raanan Raz)

private investors (Tamar Yehoshua)

private investors (Yasmin Lukatz)

Sheva Fund

Vesey Ventures

Proceeds Purpose
The company intends to use the funds to accelerate its mission to expand into multi-cloud environments, including recently announced GCP support and upcoming Azure capabilities.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
114 Yigal Alon St.
Tel Aviv-Yafo, Undisclosed
Israel
Phone
Undisclosed
Email Address
Overview
PointFive enables continuous cloud cost efficiency through deeper detection and collaborative remediation tools that integrate seamlessly with teams' natural workflows. Our unique DeepWaste� detection & monitoring technology dives deep to expose typically overlooked cloud inefficiencies. PointFive's powerful remediation suite adds rich context to system insights, enabling rapid, seamless action - transforming every engineer into a champion of cloud efficiency.
Profile
PointFive LinkedIn Company Profile
Social Media
PointFive Company Twitter Account
Company News
PointFive News
Facebook
PointFive on Facebook
YouTube
PointFive on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alon Arvatz
  Alon Arvatz LinkedIn Profile  Alon Arvatz Twitter Account  Alon Arvatz News  Alon Arvatz on Facebook
Chief Technical Officer
Amir Hozez
  Amir Hozez LinkedIn Profile  Amir Hozez Twitter Account  Amir Hozez News  Amir Hozez on Facebook
VP - Product Management
Gal David
  Gal David LinkedIn Profile  Gal David Twitter Account  Gal David News  Gal David on Facebook


 

 

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We record every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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