Tuesday, November 29, 2022
HomeInsightFunding Alert OptIQ Raises $1.5 mn From Better Capital, others

[Funding alert] OptIQ Raises $1.5 mn From Better Capital, others

Better Capital, Carya Ventures, and a group of investors have invested $1.5 million to OptIQ, which makes DevOps and cloud compliance for software firms simpler.
Team OptIQ

Better Capital, Carya Ventures, and a group of investors have invested $1.5 million to OptIQ, which makes DevOps and cloud compliance for software firms simpler.

Angel investors like Arvind Kumar Gupta, Akash Singh, Akhil Bhiwal, Sarath Sura, Swapnil Jain, Anil Advani, Raj Krishna Murthy, Vaibhav Raj Gupta, and Videt Jaiswal also participated in the round.

The money raised will be put to use to increase the staff, develop the product, and set up the go-to-market strategy (GTM), as per reported by Entrepreneur.com.

Read also – [Funding alert] Hubbler Raises $1.50 mn in Seed Round

“Big organizations like Google, Apple, Netflix, and Uber can afford to put so much effort and resources into automation to play the roles of deploying, scaling, monitoring, and security compliance. They no longer have a DevOps team. Instead, they have a self-diagnostics and self-healing system that does this automatically, which developers manage. Now the question is how other companies can achieve this automation. Hence OptIq offers the same quality solution to developers in software companies,” said Keshav Murthy, CEO, OptIQ.

OptIQ is a US-based firm that offers an autonomous AI platform that builds and protects a scalable, compliant cloud infrastructure stack for startups and scaleups. It was founded in January 2022 by Keshav Murthy and Harsh Sahu.

“DevOps is more crucial than ever before and at the same time companies are struggling to scale their DevOps teams with the right talent. OptIQ solves this by productizing DevOps so companies of all sizes get the same level of DevOps automation as large companies but for a fraction of the cost. We are excited to partner with Keshav and Harsh from day zero,” said Vaibhav Domkundwar, Better Capital.

Read also – [Funding alert] Creator-Led Commerce Platform Wishlink Raises $3 mn in Seed Funding

About OptIQ

Using Intelligent OptIQ, it can assist developers in building infrastructure, managed operations, and security. Platform for AI, In less than 15 minutes, create a secure, scalable, and compliant infrastructure stack for startups, scaleups, and enterprises.

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -
Newsletter

Subscribe to our weekly newsletter and don't forget to check out the latest updates.