How does boosting hardware performance between 20% and 80% sound? This is what startup Granulate promises.

With the world still in lockdown, the economy taking a hit as a consequence, and uncertainty reigning supreme, we don’t see as much funding news as we used to these days. That’s no surprise. What is surprising is seeing today’s news.

Granulate, an Israel-based company that optimizes infrastructure performance in real-time and allows businesses to cut compute costs and increase revenue, announced today that it has raised $12 million in Series A funding. The round is led by Insight Partners, one of the largest global funds focused on investing in scale-up software companies, with participation from TLV Partners and Hetz Ventures.

ZDNet connected with Asaf Ezra, co-founder and CEO of Granulate, to talk about what makes Granulate special enough to be able to pull this through.

Ezra and his co-founder, Tal Saiag, have a story shared by many Israeli startup founders. They met over a decade ago and served together in one of Israel’s top technological intelligence units. Ezra said that besides the fact that this enabled them to hone their problem solving and initiative-taking skills, it also had some technical influence on them.

Read the full article on ZDNet