What is OnApp?
OnApp provides a comprehensive cloud platform designed to simplify cloud management for Managed Service Providers (MSPs), Telcos, and IT service providers. Its 'single pane of glass' interface offers a unified approach to delivering a wide array of Infrastructure-as-a-Service (IaaS) capabilities. These include on-premises private cloud, hosted private cloud, public cloud, bare metal, Content Delivery Network (CDN), and Disaster Recovery solutions. With a global team of 160 staff and headquarters in London, UK, OnApp is positioned to serve a diverse international clientele.
How much funding has OnApp raised?
OnApp has raised a total of $20M across 1 funding round:
Unspecified
$20M
Unspecified (2013): $20M with participation from University of Pennsylvania
Key Investors in OnApp
University of Pennsylvania
The University of Pennsylvania, an Ivy League institution founded in 1740, is a prominent academic and research entity. Its involvement suggests a potential interest in innovative technology or companies with strong research and development foundations.
What's next for OnApp?
The recent major strategic investment indicates OnApp is likely in a scaling or expansion phase, aiming to further enhance its platform capabilities and market reach. This capital infusion will probably fuel product development, bolster sales and marketing efforts, and potentially support geographic expansion or strategic partnerships. The company's focus on simplifying complex cloud services positions it well to capitalize on the growing demand for flexible and manageable cloud solutions.
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