Amazon Buys ClusterK
April 30, 2015
By Bio-IT World Staff
April 30, 2015 | Yesterday, Venture Beat reported that Amazon acquired ClusterK, a start up Bio-IT World covered in February for between $20 and $50 million. A ClusterK investor told Venture Beat that he expects the ClusterK team to relocate and work at Amazon headquarters in Seattle, adding that he expects ClusterK founder and chief executive Dmitry Pushkarev will take on a prominent role at AWS.
In February, ClusterK had seven employees in its Palo Alto offices. ClusterK’s first product, Cirrus, is a scheduler that bids on spot instances across multiple zones and regions; a ClusterK algorithm predicts which spot markets have the lowest price volatility.
“There are 600 different spot markets, if you are only using one instance type in one zone, you're stuck on spot price,” Pushkarev told Bio-IT World. Building you own cluster at Amazon usually gets you computer power for about ten cents per core hour. By playing the markets, Pushkarev claimed Cirrus users see costs of about $0.01 per core hour.
“There are 600 different spot markets, if you are only using one instance type in one zone, you're stuck on spot price,” Pushkarev told Bio-IT World. Building you own cluster at Amazon usually gets you computer power for about ten cents per core hour. By playing the markets, Pushkarev claimed Cirrus users see costs of about $0.01 per core hour.