# OpSource

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opsource

- Industry: IT Infrastructure
- Headquarters: Santa Clara, US
- Website: www.opsource.net
- Total disclosed funding: $64M
- Latest round: Series E (Apr 28, 2009)
- Investors on record: 8

## About

OpSource delivers enterprise cloud computing and managed hosting solutions, enhancing operational efficiency for businesses through a comprehensive suite of services tailored to meet diverse IT needs.Founded in 2002 and headquartered in Santa Clara, US, OpSource specializes in providing cloud infrastructure and managed hosting services. The company has undergone no major pivots since inception and is not known to have any subsidiaries. OpSource has raised a total of USD 4.00 mn, with its latest funding round occurring on June 30, 2011, where it attracted investment from ATEL Capital Group. It has successfully completed 8 deals since its founding, which included its acquisition by Dimension Data in 2011 for an undisclosed amount.Opsource specializes in enterprise cloud computing and managed hosting solutions, providing a comprehensive suite of services designed to enhance operational efficiency for businesses. The company's core offerings include cloud infrastructure services, dedicated server hosting, and managed IT services, which all aim to streamline IT operations and improve system reliability. By leveraging advanced technologies, Opsource serves a diverse range of clients, including small to medium-sized enterprises and large corporations across various sectors such as finance, e-commerce, and healthcare. Its solutions are particularly beneficial for organizations seeking to optimize their IT frameworks without the burden of extensive in-house management. Opsource operates in key geographical markets, including North America, Europe, and parts of Asia, ensuring that its services meet the needs of a global client base.Opsource generates revenue primarily through subscription-based models and managed service agreements with its clients. Upon onboarding, businesses typically engage in service contracts that guarantee a set range of cloud resources and managed support, creating predictable revenue streams. The company's pricing structures are tiered based on service level, allowing clients to select options that align with their operational requirements and budgets. Flagship offerings include customizable cloud solutions and dedicated server packages, which are tailored to meet specific business needs. These transactional frameworks enable Opsource to maintain long-term partnerships with clients, fostering customer loyalty and repeat business within its targeted markets.In June 2011, OpSource was acquired by Dimension Data, which may enhance its product offerings and market reach post-merger. OpSource is focused on leveraging this acquisition to introduce innovative solutions and expand its service offerings. Additionally, the company may explore entry into emerging markets in Asia and Europe by the end of 2012, providing tailored cloud solutions to meet local demand.

## Funding rounds

- Series E, Apr 28, 2009, $10M — Crosslink Capital, NTT, Artiman Ventures, Velocity Venture Capital, Key Venture Partners
- Series D, Jun 1, 2007, $15M — Crosslink Capital, Artiman Ventures
- Series C, Sep 18, 2006, $20M — Intel Capital, Fuse Capital, Western Technology Investment, Artiman Ventures, Key Venture Partners
- Series B, Feb 20, 2004, $13M — Fuse Capital, Artiman Ventures, Key Venture Partners
- Series A, Mar 26, 2003, $2M — Artiman Ventures
- Series A, Dec 10, 2002, $4.5M — Fuse Capital

## Investors

- Fuse Capital — Series A, Series B, Series C
- Artiman Ventures (https://capitalatlas.ai/funds/artiman-ventures) — Series A, Series B, Series C, Series D, Series E
- Key Venture Partners (https://capitalatlas.ai/funds/key-venture-partners) — Series B, Series C, Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C
- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Series C
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series D, Series E
- NTT — Series E
- Velocity Venture Capital (https://capitalatlas.ai/funds/velocity-venture-capital) — Series E