Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. The rise of FinOps has led to multiple acquisitions, such as IBM’s plan to acquire Apptio for $4.6 billion. The trend of parametric insurance is also expected to continue making waves. Cloud optimization startup ProsperOps raised a $72 million funding round in February, suggesting that consolidation in this space is not yet over. IBM’s recent announcement to acquire Apptio highlights the ongoing interest in cloud spending management and optimization.
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