What is OpsRamp?
Based in San Jose, California, OpsRamp is a digital operations management software company. Its SaaS platform is engineered for managed service providers and enterprise IT teams, facilitating the monitoring and management of both cloud and on-premises infrastructure. The OpsRamp solution offers robust capabilities including hybrid infrastructure discovery and monitoring, comprehensive event and incident management, and advanced remediation and automation, all underpinned by artificial intelligence. This integrated approach aims to streamline complex IT environments for its clientele.
How much funding has OpsRamp raised?
OpsRamp has raised a total of $57.5M across 2 funding rounds:
Other Financing Round
$20M
Corporate Investment
$37.5M
Other Financing Round (2017): $20M with participation from Sapphire Ventures
Corporate Investment (2020): $37.5M led by Morgan Stanley & Co. and Hewlett Packard Enterprise Company
Key Investors in OpsRamp
Morgan Stanley & Co.
Morgan Stanley & Co. is a leading global financial services firm, likely providing strategic financial backing and expertise to support OpsRamp's enterprise-level growth and market penetration.
Sapphire Ventures
Sapphire Ventures is a venture capital firm specializing in technology investments, indicating a focus on OpsRamp's software platform and its potential for significant returns in the IT management sector.
Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company's participation suggests a strategic alignment or potential partnership within the enterprise IT infrastructure and solutions market.
What's next for OpsRamp?
With a substantial enterprise-level funding round, OpsRamp is strategically positioned for accelerated growth and market expansion. The recent major strategic investment suggests a focus on enhancing its AI-driven capabilities, expanding its platform's reach into new markets, or potentially pursuing strategic acquisitions. This capital infusion will likely fuel further research and development, bolster sales and marketing efforts, and strengthen its competitive edge against other players in the digital operations management space. The company's trajectory points towards solidifying its role as a key provider of intelligent IT operations solutions.
See full OpsRamp company page
