# VictorOps

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

- Industry: Software
- Headquarters: Boulder, US
- Website: www.victorops.com
- Total disclosed funding: $34M
- Latest round: Series B (Nov 30, 2016)
- Investors on record: 4

## About

VictorOps Inc. is a provider of incident management solutions designed to streamline on-call processes for development, DevOps, and operations teams through effective collaboration and swift incident resolution.Founded in 2012 and headquartered in Boulder, US, VictorOps Inc. specializes in incident management. The company was acquired by Splunk Inc. in June 2018 for approximately USD 120 mn. CEO Doug Merritt leads the organization, which has participated in 6 funding deals, with the latest deal occurring on June 11, 2018, during its acquisition.Splunk On-Call, formerly known as VictorOps, provides a comprehensive incident management platform designed to enhance the efficiency of on-call processes for development, DevOps, and operations teams. The platform offers context-rich notifications that facilitate swift incident resolution while minimizing downtime and mean time to acknowledge and resolve outages. This service is utilized by a diverse client base, including technology companies, healthcare providers, and financial institutions across North America, Europe, and Asia-Pacific, demonstrating the platform’s versatility in addressing the needs of teams in fast-paced, technology-driven environments.Splunk On-Call generates revenue primarily through subscription-based pricing models tailored to various organizations. Clients engage on an annual basis, selecting from tiered pricing plans that align with their incident management needs. High-tier subscriptions offer advanced features such as enhanced analytics, integrations with operational tools, and prioritized support services, primarily involving business-to-business interactions.With the acquisition by Splunk Inc. finalized in June 2018, VictorOps aims to leverage new product development and enhanced market presence under the larger umbrella of Splunk's operations. The recent funding will support initiatives aimed at expanding into new geographical regions and enhancing product features, positioning the company to better serve a broader range of clients in the incident management space.

## Funding rounds

- Series B, Nov 30, 2016, $15M — Foundry Group, Shea Ventures, Costanoa Ventures
- Series A, Nov 10, 2015, $11M — Foundry Group, Costanoa Ventures
- Series A, Sep 13, 2013, $6.5M — Foundry Group, Costanoa Ventures
- Seed, Dec 11, 2012, $1.6M — Foundry Group, High Country Venture

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Seed, Series A, Series B
- High Country Venture (https://capitalatlas.ai/funds/high-country-venture) — Seed
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A, Series B
- Shea Ventures (https://capitalatlas.ai/funds/shea-ventures) — Series B