OpsRamp
CEO: Varma Kunaparaju
OpsRamp provides an AIOps platform for hybrid enterprise IT operations, enabling discovery, monitoring and automation of hybrid and multi-cloud environments. In January, the San Jose, Calif.-based startup announced closing a $37.5 million funding round that was joined by new investor Hewlett Packard Enterprise.
Part of the funding haul has gone toward enabling the startup's diverse channel and boosting the profitability of systems integrators, resellers and MSPs. Morgan Stanley Expansion Capital led the Series C round, which added a second investment from Sapphire Ventures in addition to HPE's stake.
OpsRamp says it has been putting the funding toward hiring more staff to engage its growing channel. The startup has also been investing in further scaling the distribution of the company’s cloud-based platform for enterprises and MSPs.
The SaaS model for delivering hybrid-cloud management is popular with both SMBs and enterprises managing complex environments, making it a good fit for solution providers focused on multi-cloud and hybrid cloud, according to OpsRamp.
