News Update

DevOps startup Esper raises $60M in Series C led by Insight Partners


DevOps startup Esper raises $60M in Series C led by Insight Partners, with participation from existing investors including Scale Venture Partners, Madrona Ventures, and Root Ventures. The investment brings Esper’s total funding to $100 million and follows the company’s $30 million Series B raised just four months ago, in May 2021. Esper developed the industry’s first DevOps platform for intelligent edge devices, and was named one of the top 10 hottest startups in 2021 by CRN. This latest funding round will primarily be used to further expand Esper’s ability to get the word out to more enterprise customers. “India witnessed unprecedented digital transformation since the pandemic, which makes it a unique market with the potential to adopt DevOps across every industry. Android DevOps has the potential to transform Indian businesses through their journey towards agility, increase operational efficiency and control costs,” said Yadhu Gopalan, CEO and Co-founder at Esper.

DevOps startup 1

Commenting on the investment, Philine Huizing, Vice President at Insight Partners, said, “For years, we’ve seen these massive projections about IoT devices of all kinds. But on the ground, enterprises and SMBs are struggling with the reality that large-scale deployments of devices are hard and expensive when you go it alone. “Esper has emerged as the only platform that provides modern DevOps capabilities in a package purpose-built for intelligent edge devices. And even better, developers tell us that they love using Esper,” she added. Esper has over 200 paying customers and over 2,000 developers use its platform for product development. The Seattle-based company quadrupled headcount during 2021, and tripled its office footprint in Bellevue on a square footage basis.

Follow Startup Story

Related Posts

© Startup Story Private Limited. All Rights Reserved.