ControlUp Raises $10M in Series B Funding

ControlUp, a Sunnyvale, Calif.-based provider of an ITOps analytics and management platform, raised $10m in Series B funding round.

The round, which brought total funding to $13.3m, was led by K1 Capital and Jerusalem Venture Partners.

The company intends to use the funds to expand its global presence.

Led by Asaf Ganot, Founder and CEO, ControlUp provides an ITOps analytics and management platform for thousands of companies to monitor, analyze and directly remediate problems in their on-premise, hybrid cloud and cloud infrastructures. By leveraging big data, the platform enables teams to analyze operational IT data from a global customer base to find patterns, detect problems, establish dynamic baselines and generate actionable targeted insights.
The company also has R&D in Israel.



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