# Opsware

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

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.opsware.com
- Total disclosed funding: $141M
- Latest round: Series B (Jun 27, 2000)
- Investors on record: 8

## About

Opsware, Inc. specializes in providing solutions for data center automation and operational efficiency, leveraging innovative technologies to optimize IT management processes for global enterprises.Opsware, Inc. is a provider of data center automation solutions, formed in 2002 after the sale of Loudcloud's managed services business to EDS. The headquarters is located in Sunnyvale, California, US. The company was founded in 1999 and has undergone significant changes, including a name change and a pivot from managed services to automation software. In 2007, Opsware was acquired by Hewlett Packard for USD 1.6 billion after successfully raising USD 160 mn in a TRADE SALE in March 2001. The founder's history includes previous ventures that set a solid foundation for Opsware's success.Opsware offers a suite of automation solutions aimed at optimizing data center operations, including software for managing server farms and application deployment. Their products are designed to increase efficiency and reduce operational costs for large organizations across various sectors, notably in technology and telecom. Opsware’s solutions are utilized globally, with implementations in North America, Europe, and Asia-Pacific, ensuring a robust presence in key markets.In the most recent fiscal year of 2007, Opsware reported revenue of USD 101.73 mn, alongside an EBITDA loss of USD 14.54 mn. The company's financial model is anchored in their subscription-based services, which are aligned with enterprise clients seeking long-term partnerships for IT automation.Opsware's future growth strategy includes the continuous enhancement of its software solutions to address emerging needs in data center automation. The company aims to expand its offerings and penetrate new markets in regions such as Latin America and Asia by 2024. Recent funding from the TRADE SALE has been directed towards product development and market expansion initiatives. Following its initial public offering in March 2001, where Opsware raised USD 160 mn, the company strategically shifted focus from managed services to software solutions, leading to its acquisition by Hewlett Packard in July 2007.

## Funding rounds

- Series B, Jun 27, 2000, $120M — Aurora Funds, Benchmark, Focus Ventures, Integral Capital Partners, Amerindo Investment Advisors, Angel Investors, Capital Research and Management, Octane Capital Management
- Series A, Nov 1, 1999, $21M — Benchmark, Angel Investors

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B
- Angel Investors (https://capitalatlas.ai/funds/angel-investors) — Series A, Series B
- Aurora Funds (https://capitalatlas.ai/funds/aurora-funds) — Series B
- Focus Ventures (https://capitalatlas.ai/funds/focus-ventures) — Series B
- Integral Capital Partners (https://capitalatlas.ai/funds/integral-capital-partners) — Series B
- Amerindo Investment Advisors — Series B
- Capital Research and Management — Series B
- Octane Capital Management — Series B