OpTier Secures $8 Million in Additional Funding
August 13, 2013
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OpTier has secured $8 million in additional funding from a group of venture capitalists to support its portfolio of application monitoring solutions.

This round of financing was led by Pitango Venture Capital and also included Viola Group and Gemini Israeli Funds.

The new funding will fuel OpTier’s continued growth in the application monitoring and data analytics space.

“We’re very appreciative to have the strong financial backing of our trusted investors as we seek to capitalize on promising analytics and cloud-monitoring opportunities,” said Mark Thompson, CEO of OpTier. “This new funding will allow us to aggressively pursue lucrative market opportunities, meet escalating demand for feature-rich, light-weight application monitoring, and seamlessly scale for future growth.”

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