Opsani Secures $10M in Series A Funding

opsaniOpsani, a Redwood City, Calif. –based provider of AI-driven Continuous Optimization for cloud applications, secured $10m in Series A funding.

The round was led by Redpoint Ventures, with participation from early investors Zetta Ventures and Bain Capital. Satish Dharmaraj, Partner at Redpoint, will join Opsani’s Board.

The company intends to use the funding to scale operations.

Led by Ross Schibler, CEO, Opsani is a provider of AI-driven Continuous Optimization for cloud applications. Its automated continuous optimization service simultaneously improves performance and reduces costs for cloud applications. The solution uses AI to automatically adjust resources and parameters across the full application stack to continuously maximize efficiency and deliver a better customer experience. Opsani reacts constantly to new traffic patterns, new code, new instance types, and all other key business metrics. With each new iteration, the system’s predictions find the optimal solutions, and they’re automatically promoted—no human intervention is needed.
The system integrates with AWS, Azure, Google Cloud Platform and Kubernetes. Plugins are available for GitHub, Terraform, Jenkins, Spinnaker, Wavefront, DataDog, SignalFX, Prometheus, Splunk and New Relic.

FinSMEs

08/08/2019

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