# OpsRamp

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.opsramp.com
- Total disclosed funding: $58M
- Latest round: Series C (Jan 30, 2020)
- Investors on record: 3

## About

OpsRamp, Inc. is a US-based company specializing in AIOps solutions that enhance IT operations by delivering autonomous management capabilities for hybrid environments, ensuring efficient service delivery and operational resilience.Founded in 2014 and headquartered in San Jose, US, OpsRamp, Inc. provides a digital operations management platform. The company recently closed its Series C funding round, raising USD 37.50 mn led by Morgan Stanley Expansion Capital. The firm's total amount raised is USD 37.50 mn and it has achieved a current valuation of USD 181.90 mn. Varma Kunaparaju, the founder, has not previously founded other companies.OpsRamp delivers a digital operations management platform that leverages artificial intelligence to provide autonomous IT operations for hybrid environments. Its core offerings include hybrid discovery and monitoring, event and incident management, and intelligent automation, focused on minimizing downtime and enhancing service delivery. The platform integrates with over 3,000 tools to provide a comprehensive view of IT performance, targeting Managed Service Providers (MSPs), enterprises, and partners across sectors such as technology, finance, and healthcare in North America, Europe, and Asia-Pacific.OpsRamp operates on a subscription-based revenue model, offering its products and services primarily through annual licensing. Clients engage via direct partnerships, subscribing for ongoing access to the platform's features, which include network observability and AI-powered analytics. Pricing plans are tailored to reflect customer needs and the complexity of services utilized, ensuring a consistent revenue stream aligned with client requirements.In March 2023, Hewlett Packard Enterprise Development LP acquired OpsRamp, Inc. from its investors. The recent funding will likely be allocated to further product enhancement and expansion into new markets. OpsRamp is expected to design and launch new products aimed at improving operational efficiencies in hybrid IT environments, while also targeting growth in emerging markets and regions, leveraging insights from the acquisition to refine its strategies.

## Funding rounds

- Series C, Jan 30, 2020, $38M — Sapphire Ventures, Morgan Stanley Expansion Capital, Hewlett Packard Pathfinder
- Series A, Oct 2, 2017, $20M — Sapphire Ventures

## Investors

- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series A, Series C
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series C
- Hewlett Packard Pathfinder (https://capitalatlas.ai/funds/hewlett-packard-pathfinder) — Series C