Pelanor

growth-positive

Defense startup Kela has made its first acquisition by purchasing Pelanor, an Israeli company specializing in AI-based cloud spending analysis, for an estimated tens of millions of dollars. This acquisition is part of Kelas strategy to expand its next-generation military platform. Kela, founded in July 2024, has raised approximately $100 million in under a year, with investments from Sequoia, Lux Capital, and In-Q-Tel. The company aims to create an operating system for militaries that integrates advanced commercial technologies into military infrastructure. The acquisition of Pelanor, which employs AI to optimize cloud expenses, aligns with Kelas mission to accelerate development and enhance capabilities in the defense sector.

growth-positive

Kela Technologies, a defense startup, has made its first acquisition by purchasing Pelanor, a cloud management platform company, for an estimated $20-30 million. Pelanor, which specializes in monitoring cloud activity and managing cloud computing costs, was founded by former IDF 8200 unit members and has developed an AI-based platform. The acquisition is seen as a strategic fit for Kela, which also develops AI-based systems for defense management. Kela has raised $100 million to date, with its last funding round valuing the company at approximately $200 million. The acquisition was announced to employees last Thursday and is reported here for the first time.