PointFive Raises $60M Series B Led by Accel, Total Funding Hits $96M

According to Calcalist, PointFive, a Tel Aviv-based software startup, raised $60 million in a Series B round led by Accel. Index Ventures, Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, and Sheva Ventures also participated. The funding brings PointFive's total raised to $96 million. The company, founded in 2023, is shifting focus to AI cost management as enterprises face rising infrastructure bills.
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