Opster Raises USD5M in Funding

opster

Opster, a Tel Aviv, Israel-based developer of a platform for managing enterprise search engines and databases, raised $5m in funding.

The round was led by Jal Ventures Fund.

The company intends to use the funds to to accelerate the development process and hire new employees. 

Founded in 2019 by Yonatan Stern, chairman, founder and former CEO of Zoominfo (NASDAQ:ZI), Ziv Segal, CEO, who served as chief architect and was part of the founding team of Logz.io, Ori Shafir, COO, and Shahar Shaked, VP R&D, Opster provides a platform for automation and management of enterprise search engines and databases, with the aim of improving performance, ensuring stability and reducing costs. The platform enables companies to automate many functions that are currently managed manually, including handling the data structure, improving performance, preventing and troubleshooting issues, and more. Opster supports the two most common technologies in the field: Elasticsearch and OpenSearch.

Customers include companies from around the globe, including Bloomberg, Check Point, Palo Alto, LivePerson, Cybereason and Coupa.

The company employs 30 people, most of them in the development center in Tel Aviv.

FinSMEs

04/07/2022