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Frugal
Canada
- Ottawa, Ontario
- 13/11/2025
- Seed
- $5,000,000
Frugal’s mission is to empower developers to reduce the cost of applications. That’s why we created Frugal: the world’s first AI-native Application Cost Engineering platform that automatically reduces cloud spend by fixing inefficient code patterns in applications. Frugal was founded by veteran startup entrepreneurs and engineers with a proven track record of building world class companies.
- Industry Technology, Information and Internet
- Website https://frugal.co/
- LinkedIn https://www.linkedin.com/company/frugalco/
Related People
Mike WeiderCo Founder
Canada -
Ottawa, Ontario
Michael was the Founder/CEO of 3 venture backed startups - Watchfire (Acquired by IBM), Blaze (Acquired by Akamai) and SHOEBOX (Acquired by WSA). Michael has served as an independent board member of numerous startups and non-profits. Michael is an active seed investor and partner at Fundfire.co supporting over 40 startups with early stage funding.
From 2013-2020, Michael was the CEO of SHOEBOX, a digital health company acquired by WS Audiology.
From 2010-2012, Michael was the co-founder and CEO of Blaze. Blaze was a Web performance optimization service that was acquired by Akamai in 2012. At Akamai, Michael served as a Vice President in the Web Performance Division.
From 1996-2007, Michael was the Founder and CTO of Watchfire. Watchfire was the largest provider of Web Application Security testing software. Watchfire was acquired by IBM in 2007. Michael spent 3 years at IBM and was responsible for the Security and Cloud product lines.
Michael holds a B.Sc. in engineering from Queens University. He enjoys running, biking, tennis, skiing and other outdoor activities.
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