• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

3v.org

Venture Capital Matters

  • Pitch a Startup
    • Make a Contribution
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

Opsani Secures $10 Million Series A Funding For AI-Driven Continuous Optimization Of Cloud Applications

August 8, 2019 By admin Leave a Comment

Opsani, the leading provider of AI-driven Continuous Optimization for cloud applications, today announced the company has secured a $10 million Series A funding round led by Redpoint Ventures, with participation from early investors Zetta Ventures and Bain Capital. Satish Dharmaraj, Partner at Redpoint, will join the Opsani Board. The new funding will be used to scale Opsani’s operations to tackle the projected $50 billion cloud spend market in 2020, which is projected to grow at 20 percent* year over year.

Modern DevOps has evolved for cloud environments. Savvy organizations employ a robust and effective continuous integration (CI) and continuous delivery (CD) toolchain that quickly and automatically sends safe new code to users. But up until now, DevOps hasn’t been able to optimize the runtime environment—the complexity has grown beyond human scale. A simple five-container application can have more than 255 trillion hardware and software resources and basic parameter permutations. Applications run, but DevOps doesn’t really know if they’re getting the best performance and efficiency in their environments.

To address the problem, Opsani has added a new best practice to the CI/CD toolkit: automated continuous optimization (CO). CO uses artificial intelligence to autonomously optimize cloud applications and their infrastructure for maximum efficiency, performance for end-users, and cost savings. On average, Opsani customers experience more than a 200 percent increase in performance per dollar, getting more out of their applications while saving up to 80 percent on their cloud spend—overnight.

CO relies on systems that automatically adjust runtime parameters in response to performance and cost—even in ways people wouldn’t consider—to optimize the trillions of possible combinations. As a result, companies quickly recognize dramatic cloud cost savings through increased efficiency, while most importantly, delivering a better experience to their end-users.

As one customer shares, “Ancestry is obsessed with our customers’ experience and their journeys. That passion for their personal discovery and satisfaction drives us to continuously innovate and use cutting-edge technology to benefit our millions of users,” said Russ Barnett, Chief Architect, Ancestry. “We’re continuously growing and to support expansion, we invest in new products to ensure Ancestry’s performance and efficiency are delivering maximum value. Opsani will allow us to maintain optimal performance of our cloud resources and gain visibility and control to manage costs in an increasingly complex environment.”

Because it is constantly gathering new data, Opsani continuously uncovers new optimization solutions. Opsani reacts constantly to new traffic patterns, new code, new instance types, and all other key business metrics. With each new iteration, the system’s predictions find the optimal solutions, and they’re automatically promoted—no human intervention is needed. Infrastructure is tuned precisely to the workload and goals of the application—whether those goals relate to cost, performance, or some balance of the two.

“Redpoint has been successful in following its core philosophy of prioritizing and backing great teams, so getting behind Opasni carries that tradition forward. Ross and Peter are serial company builders and leaders, and they’ve again identified an unmet need that Opsani is uniquely positioned to service. Continuous Optimization of cloud-based applications completes the CI/CD toolset in DevOps,” said Satish Dharmaraj, Partner, Redpoint Ventures.

“Using machine learning, Opsani automatically tunes applications for efficiency, best possible performance for end-users, and saves millions on cloud spend,” Dharmaraj said. “This needs to be a new best practice for agile software teams. The savings Opsani delivers drops right to the bottom line while making the user experience consistently great, and that’s a boon for the industry as a whole.”

“Redpoint immediately saw the opportunity Company has to save companies millions against the soaring costs of cloud-first environments while creating the best possible experience for their applications’ users,” said Ross Schibler, CEO, Opsani. “They’re keenly aware of how DevOps is changing, growing and becoming a strategic advantage, and with Redpoint’s help, CI and CD will be joined by CO (Continuous Optimization) as the recognized best practices trifecta of DevOps.”

Opsani integrates with AWS, Azure, Google Cloud Platform and Kubernetes. Plugins are available for GitHub, Terraform, Jenkins, Spinnaker, Wavefront, DataDog, SignalFX, Prometheus, Splunk and New Relic.

To see Opsani’s SaaS solution in action, go to https://opsani.com/product/

About Opsani
Opsani is the leading provider of AI-driven Continuous Optimization for cloud applications. Founded by a team of seasoned entrepreneurs, who pioneered some of the major innovations that power current IT, Opsani offers the first automated continuous optimization service to simultaneously improve performance and reduce costs for cloud applications. Opsani uses AI to automatically adjust resources and parameters across the full application stack to continuously maximize efficiency and deliver a better customer experience. For more information, visit https://opsani.com.

Filed Under: PR

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

New Technologies to Disrupt Traditional Renewable Fuels
How to sell across a variety of channels
Immersive Virtual
DeFiRetailing.com (DeFi Retailing): DeFi will change retail as we know it
Event Calendar
Comparing WordPress Performance on MySQL vs SQLite
Global Wealth Grew by Double Digits to $530 Trillion in 2021, Despite Continued Crises

Market Research Media

1.7 billion people could be affected by the global food crisis
MultimodalRetail.com (Multimodal Retail): Should retailers split e-commerce operations from stores?
America’s 100 largest housing markets are overpriced
SetupMarketplace.com: Setup Marketplace
Global assets under management (AuM) grew at 12% to more than $112 Trillion in 2021
Gaming-Disorder.com: Gaming disorder is now recognised by the World Health Organisation
PublicDomain.ai: Public Domain Meets AI

Secondary Sidebar

Technologies

Emerging Technologies to Watch in 2022
The global tech industry will become an even more dynamic opportunity for PE investors
Toshiba Materials in Major Investment to Increase Silicon Nitride Ball Production Capacity
Trends in data and analytics
iPhone 14 is already less than six months away

Tech Events

The 2022 Design and Verification Conference and Exhibition United States (DVCon U.S.), February 28-March 3, 2022, Doubletree Hotel in San Jose, California
Snowflake Concludes Its Largest-Ever Global User Conference with New Innovations to Drive Application Development and Increased Collaboration in the Data Cloud
DesignCon 2021, August 16-18, 2021, San Jose McEnery Convention Center
North America’s Leading Automation Trade Show Expected to Bring 20,000 Attendees and 600 Exhibitors to Detroit June 6-9
AppianEUROPE20 Virtual Conference: 14 – 15 October 2020

Footer

Recent Posts

  • Breakthrough VR Basketball App Gym Class Closes $8 Million in Seed Round Led by Andreessen Horowitz
  • Techstars and Audi Launch Pre-Accelerator Program to Promote Innovation in Mobility
  • Latchel Closes $16.7 Million to Enhance Resident Services and Maintenance Workflow
  • Seedtag raises over €250M from Advent International
  • Arable Raises $40 Million to Accelerate Sustainable Agriculture
  • European Quantum Computing Leader IQM Raises €128m Led by World Fund to Help Combat the Climate Crisis
  • Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace
  • ZeroAvia Secures Additional $30 Million in Funding from IAG, Barclays, NEOM & AENU
  • Medusa Raises $8m to Build the Leading E-Commerce Platform for Developers
  • Blue Ocean Barns Completes $20 Million Series A Financing, Accelerating Solution to Agricultural Methane Emissions

Dossier

Zapier Acquires Makerpad
Deloitte Acquires Zero Trust Network Access Provider TransientX
Mobile monetization firm IronSource will go public through SPAC at $11.1 billion valuation | VentureBeat
The problem with performance reviews
Xilinx Acquires Silexica to Broaden its Developer Base

Press Media Release

Morabito Consultants Issues Statement on Building Collapse in Surfside, Fla.
What is the most disrupted occupation in marketing and public relations?
Travel Digest, July 2022
Atlas VPN releases a new security tool for monitoring data breaches
insightsoftware’s Embedded Analytics Solutions Named A Leader in 2022 Business Intelligence Market Study by Dresner Advisory Services

App Coding

Fungible Storage Cluster Certified for VMware vSphere to Support High Performance VM Systems
security-as-code integrated with dev tools
Browser innovation has stalled
Trellix Finds Workforce Shortage Impacts 85% of Organizations’ Cybersecurity Posture
Software can be classified into two categories

API Coding

Difference between REST and GraphQL
Web3 can take power and control from BigTech
Apple Provides Developers with Even More Powerful Technologies to Push the App Experience Forward
DarkOwl Announces Release of Ransomware API
One AI to Take on Global Language AI Challenge with NLP-as-a-service Platform for Developers

Copyright © 2022 3v.org

Technologies, Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT