News & Announcements
Company milestones, partnerships, and product announcements.
PointFive Redefines AI and Cloud Efficiency with an OS That Spans Cloud and Coding Agents
PointFive launches the AI Efficiency OS and TokenShift — an AI-native platform to chat with your data, run agents, and build apps for cloud and AI efficiency, plus a companion product that governs and optimizes AI usage wherever coding agents run.
PointFive Raises $60M Series B, led by Accel, to Redefine AI and Cloud Efficiency
PointFive raises $60M Series B led by Accel, with participation from Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, and Index Ventures, to fund product development and go-to-market expansion.
PointFive Expands Cloud and AI Efficiency Platform to Cover Snowflake, Databricks, and BigQuery
PointFive extends its Cloud and AI Efficiency Platform beyond AWS, Azure, and GCP to cover Snowflake, Databricks, and BigQuery — addressing the fastest-growing segment of cloud spend with 400+ detections and agentic remediation.
PointFive Introduces DeepWaste™ AI to Deliver Full-Stack, Agentless Optimization for Production AI
PointFive launches DeepWaste™ AI, a standalone module that continuously optimizes LLM services, GPU infrastructure, and AI data platforms across AWS, Azure, GCP, OpenAI, and Anthropic — all without agents or code changes.
PointFive Expands Executive Leadership Team with Chris Calkin and Dave Anderson
PointFive appoints Chris Calkin as SVP Revenue and Dave Anderson as Chief Marketing Officer to accelerate enterprise growth and drive cloud and AI efficiency adoption.
PointFive Launches Pointer, a Context-Aware AI Agent for Cloud Efficiency Posture Management
PointFive introduces Pointer, an AI-powered agent that enables users to explore cloud cost data conversationally, removing the need to rely on FinOps teams to build queries or dashboards.
PointFive Launches Cloud Efficiency Hub for Real-Time Optimization Tracking
PointFive introduces the Cloud Efficiency Hub, a centralized dashboard giving engineering teams real-time visibility into cloud optimization progress, savings achieved, and waste prevention.
PointFive and XIBIX Forge Strategic Partnership to Enhance Cloud Efficiency Across Europe
PointFive partners with XIBIX Solutions GmbH to bring Cloud & AI Efficiency Management to European enterprises, expanding localized cloud optimization support across Germany and the broader region.
PointFive Earns Spot on InfraRed 100, Validating Rise of CEPM
PointFive has been selected for the 2025 InfraRed 100 by Redpoint Ventures, recognizing it among the most promising emerging private companies in cloud infrastructure.
PointFive Unveils Cloud Efficiency Posture Management (CEPM), Transforming How Enterprises Optimize Cloud Resources
PointFive launches Cloud & AI Efficiency Management, a new cloud optimization category that shifts enterprises from periodic cost reviews to continuous efficiency management.
PointFive Secures $20M in Series A Funding to Accelerate Cloud Cost Optimization with Multi-Cloud Support
PointFive raises $20M in Series A funding led by Salesforce Ventures, bringing total capital to $36M to expand its DeepWaste Detection Engine and multi-cloud capabilities.
PointFive Joins the AWS ISV Accelerate Program
PointFive has been accepted into the AWS ISV Accelerate Program, a co-sell initiative that enables deeper collaboration with AWS field sellers to deliver cloud cost optimization globally.
PointFive Raises $16M in Seed Funding to Revolutionize Cloud Cost Optimization
PointFive emerges from stealth with $16M in seed funding to build the first cloud cost optimization platform powered by deep waste detection technology.