Exostellar

Exostellar

Optimizes high-performance computing cloud applications

About

Exostellar specializes in optimizing high-performance computing (HPC) applications within the cloud computing sector. The company helps enterprises lower their cloud computing costs while improving or maintaining performance by automatically migrating HPC applications to more affordable virtual machines. This service enhances resource utilization and adapts to changing project demands, allowing clients to achieve up to five times more computing power for their cloud spending without needing to invest upfront in reserved instances. Exostellar likely operates on a subscription-based model, generating revenue through these subscriptions and possibly performance-based pricing. The company targets industries that heavily depend on HPC applications, such as finance, healthcare, and scientific research. Exostellar stands out from competitors by providing a centralized interface that offers clients greater control over their cloud resources, simplifying the management of cloud expenses.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Consumer Software, Enterprise Software

Total Funding

$32.7M

Headquarters

Ithaca, New York

Founded

2019


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Simplify's Take

What believers are saying

  • Exostellar raised $15M in Series A funding to expand AI-GPU capabilities.
  • Growing demand for AI-driven cloud optimization enhances Exostellar's market potential.
  • Hybrid cloud solutions offer expansion opportunities for Exostellar's optimization services.

What critics are saying

  • Increased competition from Exotanium threatens Exostellar's market share.
  • Rapid AI and GPU tech evolution may outpace Exostellar's current capabilities.
  • Dependency on Cornell's patent-pending technologies poses potential risks.

What makes Exostellar unique

  • Exostellar uses exclusive patent-pending technologies from Cornell University for cloud optimization.
  • The company offers up to 5x more compute for cloud spend without upfront investments.
  • Exostellar provides a single interface for high control over cloud resources.

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Growth & Insights
Headcount

6 month growth

16%

1 year growth

22%

2 year growth

104%

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