OpsCruise emerged from stealth today with $5 million in Seed funding led by The Fabric and focused on the $17 billion market opportunity for IT monitoring and observability.
In addition to The Fabric other notable investors include First Rays Venture Partners, Impact Ventures, The Band of Angels and TiE Silicon Valley.
OpsCruise is a platform that enables enterprises to predict performance degradations and automate causal analysis in dynamic modern applications without proprietary software agents or code instrumentation.
"For years, IT monitoring systems have been a cure worse than the disease - generating a lot of noise and false positives,” said Scott Fulton, Opscruise Co-Founder and CEO. “OpsCruise automatically transforms, shapes and analyzes fragmented instrumentation in context so that SREs and DevOps engineers can detect and resolve issues at an order of magnitude greater speed and efficiency."
"With its deeply differentiated technology, OpsCruise is extremely well-positioned to capitalize on growth of cloud native applications in general and Kubernetes in particular.” said Rajan Raghavan, CEO of The Fabric and Co-Creator of OpsCruise.
Amit Sridharan, General Partner of First Rays Venture Capital added, “We believe that the proliferation of hybrid cloud and microservices will require new approaches to observability in ensuring uptime. The OpsCruise team stood out in their unique approach in using open source foundational models and overlaying machine learning to drive a new observability platform required for these modern applications.”
OpsCruise’s team includes founders Scott Fulton (ex-HPE, BMC), Aloke Guha (ex-Hitachi, ex-Copan) and Shridhar Venkatraman (ex-HPE). OpsCruise’s executive team also includes CCO, Tim Colby (ex-CloudPassage, Infoblox) and Sales Engineering Leader, Cesar Quintana (ex-Moogsoft, Trace3).
OpsCruise is currently working with 25+ customers, including several Fortune 500 companies in the financial services, telecom, tech and e-tailing industries.
OpsCruise was purpose-built for dynamic cloud native Kubernetes applications and exclusively leverages the open source and cloud monitoring stack that’s gaining rapid adoption.
Beyond its observability features, OpsCruise is also 5x less expensive than traditional monitoring tools since it relies on an open source monitoring foundation and doesn’t charge based on the amount of instrumentation it analyzes.
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