Founded in 2018 by Cornell University researchers Hakim Weatherspoon, CEO; Zhiming Shen, CTO; and Robbert van Renesse, Chief Scientist; Exotanium's cloud-optimization solutions-technology licensed through Cornell's Center for Technology Licensing at Cornell University-help companies reduce wasteful spending and enable more efficient usage of cloud resources. Exotanium completed the National Science Foundation I-Corps program, received pre-seed funding led by Launch NY and Red Bear Angels, and is a member of the Praxis Center for Venture Development, Cornell University's on-campus incubator for startups in engineering, digital, and physical sciences, as well as a member of Rev: Ithaca Startup Works, a community business incubator located in Ithaca, New York.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 04/13/21 | $5,000,000 | Seed |
Nepenthe Capital Walden International  | undisclosed |
