OpsRamp Raises $37.5M in Funding

opsramp

OpsRamp, a San Jose, CA-based service-centric AIOps platform for hybrid enterprise IT operations, raised $37.5M in funding.

The round was led by Morgan Stanley Expansion Capital, with participation from new investor Hewlett Packard Enterprise (HPE) and existing backer Sapphire Ventures.

The company will use the funds to grow and scale its platform.

Led by Varma Kunaparaju, co-founder and CEO, OpsRamp provides a cloud-based platform for discovery, monitoring, and automation of hybrid, multi-cloud, enterprise environments via alliances with AWS, ServiceNow, Google Cloud Platform, and Microsoft Azure. Companies are using the platform for a variety of use cases, including hybrid infrastructure monitoring, incident management, AIOps, and a digital operations command center.

OpsRamp currently serves over 1,400 customers.

FinSMEs

31/01/2020

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