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Opsera, a continuous orchestration platform for DevOps, today announced it has closed a $15 million series A round led by Felicis Ventures. Opsera says it will place the capital toward increasing its engineering group and accelerating its sales, marketing and advertising, and consumer results initiatives.
An estimated 19% to 23% of computer software development projects fail, with that statistic holding steady for the previous couple of decades, according to information compiled by Ask Wonder. Standish Group found that “challenged” projects — i.e., these that fail to meet scope, time, or price range expectations — account for about 52% of computer software projects. Often, a lack of user involvement, executive help, and clear specifications are to blame for missed benchmarks.
Opsera, which was founded in 2020, aims to combat DevOps challenges with a self-service, no-code orchestration platform that lets engineers provision or integrate their CI/CD tools from a popular framework. With Opsera, customers can construct declarative pipelines for a variety of use situations, which includes computer software delivery lifecycle, infrastructure as code, and computer software-as-a-service app releases. Opsera correlates and unifies information all through the improvement procedure to provide contextualized diagnostics, metrics, and insights.
A increasing DevOps industry
The DevOps industry is projected to attain $14.97 billion by 2026, at a compound annual development price of 19.1%, according to a Fortune Business Insights report. Opsera competes straight or indirectly with firms which includes Harness, a continuous integration and delivery platform for engineering and DevOps teams, and Tasktop, which not too long ago nabbed $one hundred million. There’s also OpsRamp, which applies AI to DevOps processes. And Productboard delivers a solution arranging interface created for DevOps orchestration.
But Opsera claims to have a increasing client roster that consists of “several” Fortune 500 clients.
“Our mission is to democratize software delivery by abstracting any CI/CD tools into a common framework that can empower engineers to build pipelines in minutes, not days or weeks,” cofounders Chandra Ranganathan and Kumar Chivukula stated in a press release. “We offer the only DevOps platform that connects and orchestrates the entire tool stack with complete choice and visibility. Our customers can focus on their core product and will never waste time and resources building and managing toolchains and pipelines in-house or be stuck with single-vendor solutions. Having the support of Felicis and all of our investment partners will accelerate how we help customers along their DevOps journey.”
Beyond Felicis Ventures, current backers Clear Ventures, Trinity Partners, and Firebolt Ventures and new investor HMG Ventures also participated in San Francisco, California-based Opsera’s most up-to-date financing round. It brings the startup’s total raised to $19.3 million.