Replex Announces Availability of Kubernetes Governance and Cost Management Platform

On Heels of $4M Seed, Replex Helps Customers Accelerate Cloud-Native
Adoption with Cost and Workload Optimization, Reduces Enterprise Cloud
Spend by Over 30 Percent

SAN FRANCISCO–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/cloudcosts?src=hash” target=”_blank”gt;#cloudcostslt;/agt;–Replex (www.replex.io),
the only governance and cost management platform purpose built for
cloud-native infrastructure, has introduced a powerful, lightweight
solution for monitoring and managing costs and resources while running
Kubernetes. With Replex, enterprise customers are able to regain
control, transparency, and efficiency across cloud providers such as
Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft
Azure. It helps customers to rightsize cluster, pod, and container sizes
for optimal utilization, and control costs based on real-time and
historical utilization, forecast usage, identify trends, manage
chargebacks, and plan capacity.

An estimated $62 billion is lost annually due to overprovisioning and
lack of right-sizing, according to Gartner. Adopting cloud-native
technologies has introduced even more complexity because DevOps
workflows have decentralized governance and data management, which means
a loss of transparency, accountability, and predictability, which
ultimately lead to ballooning costs. Replex solves this by giving
finance and IT managers a centralized view of costs and resource
allocation, and further engages development teams to be more resourceful
with accountability scoreboards.

“Our mission at Replex is to help enterprise customers accelerate
digital transformation and lower the total cost of ownership of cloud
native deployments across environments,” said Patrick Kirchhoff, CEO of
Replex. “Our customers have already shown that by implementing Replex,
they can lower their cloud spend by more than 30%. We hope that by
delivering even more control and visibility across Kubernetes
deployments, we can help enterprises make a better business case for the
shift to cloud-native and avoid overspending for those already in
production.”

“CIOs and ITDMs have to prove business value when going cloud-native and
embarking on a migration path, but they have to solve for new ways of
managing governance, cost, and complexity,” said Florian Leibert,
cofounder of Mesosphere and advisor to Replex. “Replex makes it simple
for CIOs, finance, and DevOps teams to always know how many resources
are being consumed, where, and at what price, so they can rightsize for
optimal efficiency and savings.”

Replex has raised $4.15 million in seed investment by Entrepreneurs
Investment Fund, eValue, and EnBW New Ventures, High-Tech Gruenderfonds
(HTGF) and Technologiegruenderfonds Sachsen (TGFS). Advisors include
Florian Leibert, Mesosphere cofounder, and Ed Baum, former VP of Cloud
Platform & Services at Cisco. It is currently a member of the Alchemist
Accelerator. To learn more about Replex, please visit www.replex.io.

ABOUT REPLEX

Replex (www.replex.io)
is the only cloud cost management and governance platform purpose built
for cloud-native infrastructure. With Replex, enterprises are able to
regain control, governance, and predictability over cloud costs for the
complete spectrum of IT infrastructure, from on-premises and VMs to
multi-cloud and Kubernetes-based architectures. Replex has raised $4.15
million in seed investment by Entrepreneurs Investment Fund, eValue, and
EnBW New Ventures, High-Tech Gruenderfonds (HTGF) and
Technologiegruenderfonds Sachsen (TGFS). Founded in 2016, Replex is
based in San Francisco, CA and Leipzig, Germany. To learn more, visit replex.io.

Contacts

Jennifer Lankford
AnyContext
[email protected]

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