What is OpsRamp?
Based in San Jose, California, OpsRamp operates as a digital operations management software company. Its Software-as-a-Service (SaaS) platform is engineered for managed service providers and enterprise IT departments, 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 enhanced by artificial intelligence.
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 Hewlett Packard Enterprise Company and Morgan Stanley & Co.
Key Investors in OpsRamp
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies, based in Palo Alto, California.
Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company is a global provider of technology solutions, likely investing strategically in companies that complement its enterprise offerings.
Morgan Stanley & Co.
Morgan Stanley & Co. is a leading global financial services firm, providing a wide range of investment banking and wealth management services.
What's next for OpsRamp?
The substantial enterprise-level funding and recent strategic investment signal a strong growth trajectory for OpsRamp. This capital infusion is likely to fuel further development of its AI-driven platform, expansion into new markets, and enhancement of its service offerings for IT operations. The company is well-positioned to capitalize on the increasing demand for integrated digital operations management solutions.
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