What is OnApp?
OnApp provides a comprehensive cloud platform designed to simplify cloud management for Managed Service Providers (MSPs), telecommunications companies, and IT service providers. The platform offers a unified 'single pane of glass' interface, enabling the delivery of a wide array of Infrastructure-as-a-Service (IaaS) capabilities. These include on-premises private cloud, hosted private cloud, public cloud, bare metal servers, container orchestration, content delivery networks (CDN), and disaster recovery solutions. With a global team of 160 employees spread across the EU, U.S., and Asia-Pacific, and headquartered 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 esteemed Ivy League institution founded in 1740, is known for its comprehensive academic programs and research initiatives. Its involvement suggests a strategic interest in innovative technology sectors.
What's next for OnApp?
The company's recent major strategic investment, alongside its substantial total funding, indicates a phase of scaling and market expansion. OnApp is likely to leverage this capital to enhance its platform's capabilities, potentially focusing on advanced features like containerization and disaster recovery, and to broaden its market reach. Further development in its IaaS offerings and strengthening its partnerships with MSPs and Telcos will be crucial for sustained growth and competitive positioning in the enterprise cloud solutions market.
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