OpsRamp secures $37.5 million from Morgan Stanley Expansion Capital

OpsRamp, funding, AIOps platform, IT teams, ML, cloud-based discovery, automation products, Hewlett Packard Enterprise, Morgan Stanley Expansion Capital, intelligent alerting
OpsRamp secures $37.5 million from Morgan Stanley Expansion Capital

OpsRamp, a service-centric AIOps platform, has raised $37.5 million with Morgan Stanley Expansion Capital, with new investor Hewlett Packard Enterprise. The startup will use the capital to grow and scale its family of cloud-based discovery, monitoring, and automation products.

Peeking into the Future Ready IT Automation Industry

OpsRamp uses ML and other techniques to help IT teams manage complex infrastructure deployments, provide intelligent alerting, and automate more of their tasks. The firm’s product portfolio includes tools including cloud monitoring and incident management. OpsRamp can monitor on-premises hardware and cloud deployments while providing visibility into several different operational areas.

Source: https://techcrunch.com/2020/01/30/opsramp-raises-37-5m-for-its-hybrid-it-operations-platform/