The Stanford-StartX fund-backed cloud computing optimisation platform has brought in $30m in a round that took its total funding to $140m.
Instart Logic, a US-based cloud computing optimisation platform backed by the Stanford University-backed Stanford-StartX fund, has closed a $30m funding round led by ST Telemedia, a subsidiary of Singapore state-owned investment firm Temasek.
ST Telemedia invests in the communications, media and technology sectors.
Instart Logic has developed an artificial intelligence-powered, cloud-based digital experience platform that performs numerous functions for businesses including performance and image optimisation, bot management, digital advertising and analytics.
The company said the round boosted its total equity…
