Optaros provides open source software consulting and integration, delivering digital commerce services that leverage emerging technologies to create branded experiences. Founded in 2004 and based in Boston, MA, the company is led by president and CEO Robert Willms. It has served over 200 clients, including Wal‑Mart, Macy’s, McKesson, Rue La La and PUMA. Optaros received $2.5m in debt financing from Horizon Technology Finance Corp. The company states the funding will allow it to grow. The article does not provide revenue or other operating metrics beyond client counts. Optaros offers services to integrate disparate open-source software components for organizations. The company launched in July and positioned itself in an emerging market alongside OpenLogic, SpikeSource and SourceLabs. It received a $7.0 million first round of investment from Charles River Ventures and General Catalyst Partners. Optaros had about 16 employees at the time of the article and planned to grow to roughly 50 by year’s end. The article notes debate about whether there is a large market for this integration category, even as startups and venture dollars continue to flow into the space.

Total raised

$10M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Mar 2012