O
Opsani
Optune Continuous Optimization AI is the quickest, easiest way to make your cloud applications run faster and more efficiently
About Opsani
Opsani, operating under the legal name Datagrid Systems Inc., provides a cloud optimization platform that utilizes artificial intelligence and machine learning to manage application performance and infrastructure costs. The company was established in 2014 by a team of seasoned entrepreneurs: Ross Schibler, who took on the role of CEO, Peter Nickolov as CTO, and Bert Armijo as VP of Products and Marketing. Schibler, a serial entrepreneur, previously founded Topspin Communications, which was acquired by Cisco, and Rapid City Communications, acquired by Nortel, bringing extensive experience in building successful technology companies to this venture.
The firm's core business revolves around addressing the complexities of cloud resource management for DevOps and IT teams. In today's cloud-native environments, determining the optimal configuration of resources like CPU, memory, and various application parameters is a significant challenge, with a simple five-container application having potentially trillions of permutations. Opsani's software-as-a-service (SaaS) platform automates this process, continuously analyzing and adjusting runtime parameters to achieve the best balance between performance, reliability, and cost, aiming to prevent overprovisioning and subsequent budget overruns. The technology, referred to as Continuous Optimization (CO), integrates into the CI/CD toolchain, working alongside continuous integration and delivery. It is particularly effective for applications running on Kubernetes, where it can create 'tuning pods' to optimize parameters without affecting the end-user experience. The service helps clients, such as Ancestry and Intuit, realize significant cost reductions, in some cases up to 80%, while simultaneously boosting performance.
The company's business model is providing its optimization capabilities as a service. This allows organizations to leverage advanced AI without needing to build their own models from scratch. Opsani's platform integrates with a wide array of DevOps and monitoring tools, including Jenkins, Spinnaker, Terraform, Prometheus, and Datadog, across major cloud providers like AWS, Azure, and GCP. In August 2019, Opsani secured $10 million in a Series A funding round led by Redpoint Ventures, with participation from Zetta Ventures and Bain Capital, to scale its operations. A significant milestone occurred in January 2022, when Cisco announced its acquisition of Opsani to enhance the capabilities of its AppDynamics platform, specifically to provide full-stack observability for cloud-native environments.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Redwood City, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 58.8/100
- Industry
- Enterprise Software
- Sector
- AI, Core AI, MLops, Hard Tech, AI Model Deployment and Monitoring, DT and LS
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCEquity / VC | Oct 2020 | $5.5M | $22M | Undisclosed | — |
| SERIES A✓Equity / VC | Aug 2019 | $10M | $40M | Zetta Venture Partners · Bain Capital · Redpoint | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Opsani is 90 monthly website visits, down 79.5% over the last three months. Opsani's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Zetta Venture Partners
Bain Capital Ventures
Series A2 investors entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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