Newvem fluffs up penny-pinching control freak for AWS cloud

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Ex-Sunners give away freebie Cloud Care as loss leader

Startup Newvem uncloaked from stealth last November with Cloud Care, a control freak that reaches into CloudWatch and other Amazon Web Services management APIs to help companies figure out what they are spending and where they might be wasting resources and money. The service has tracked over 125,000 EC2 instances over the past ten months, representing $200m in spending on Amazon’s compute cloud, and – here’s the kicker – has saved customers more than $80m over that time on their EC2 spending. Now Newvem is launching a simpler, companion version of Cloud Care, and better yet, this one is free.…

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