OpsRamp offers an AIOps platform that uses machine learning to deliver intelligent alerting, automation and management for hybrid infrastructures. Its product portfolio also includes cloud monitoring and incident management tools. The company reports annual recurring revenue grew 300% in 2019 and it serves roughly 1,400 customers. OpsRamp has alliances with AWS, ServiceNow, Google Cloud Platform and Microsoft Azure. Most customers are mid-to-large enterprises managing complex, hybrid IT stacks. Management says it will expand product development and go-to-market efforts globally with the new capital. OpsRamp offers a cloud enterprise IT management SaaS platform designed for hybrid IT environments, serving IT teams across operations and service management. The company currently serves 1,400 organizations, including clients such as Dolby, Epsilon, KAR Auction Services and Bio‑Rad. OpsRamp maintains a partner portfolio that includes 2nd Watch, GreenPages, NetEnrich and NTT Data. Led by co‑founder and CEO Varma Kunaparaju, the company aims to expand its customer base and channel partner network. The business intends to use new funding to further develop its SaaS platform and accelerate go‑to‑market efforts.

Total raised

$58M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2020