OpsRamp

OpsRamp

Enterprise IT management platform built for hybrid environments. Learn more
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DateInvestorsAmountRound
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$20.0m

Late VC

$37.5m

Series C
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N/A

Acquisition
Total FundingAUD88.9m

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OpsRamp is a company specializing in IT Operations Management (ITOM) with a focus on leveraging Artificial Intelligence for IT Operations (AIOps). The company provides a platform that helps businesses manage their IT infrastructure more efficiently by automating routine tasks and providing insights through AI-driven analytics. This platform is designed to support Managed Service Providers (MSPs) and enterprise IT teams in monitoring, alerting, and resolving IT issues swiftly.

OpsRamp operates in the IT management market, which is crucial for organizations that rely heavily on technology to run their operations. Their clients include large enterprises and MSPs who need robust solutions to manage complex IT environments. These clients benefit from OpsRamp's ability to integrate with existing enterprise resources, making it easier to adopt without overhauling current systems.

The business model of OpsRamp revolves around a subscription-based service. Clients pay for access to the platform, which includes various tools for IT management such as discovery, monitoring, alerting, escalation, and remediation. The company also offers integration guides to help clients connect OpsRamp with their existing IT resources, ensuring a seamless transition and ongoing support.

OpsRamp makes money by charging for its platform on a subscription basis, which can vary depending on the scale and specific needs of the client. This recurring revenue model provides a steady income stream and allows the company to continuously invest in improving its platform and services.

In summary, OpsRamp is a key player in the ITOM market, providing AI-driven solutions to help enterprises and MSPs manage their IT operations more effectively. Their subscription-based model ensures a steady revenue stream, allowing for continuous innovation and support for their clients.

Keywords: ITOM, AIOps, MSPs, IT infrastructure, automation, monitoring, alerting, remediation, enterprise IT, subscription-based.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.