OpTier
Founded Year
2002Stage
Asset Sale | AssetsPurchasedTotal Raised
$118.1MAbout OpTier
OpTier, headquartered in New York, is a provider in the Application Performance Monitoring (APM) space. OpTier offers a simple and cloud-based APM solution that empowers application owners, quality assurance (QA) professionals, DevOps teams, and IT operations managers to proactively detect and resolve application problems before they affect the business and customers. OpTier works with businesses such as Aflac, Deutsche Bank, HSBC, Morgan Stanley, O2 and Wells Fargo – to help convert application intelligence into tangible business value.
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OpTier Patents
OpTier has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/20/2010 | 7/3/2012 | Performance management, System administration, Distributed computing architecture, Network management, Information technology management | Grant |
Application Date | 8/20/2010 |
|---|---|
Grant Date | 7/3/2012 |
Title | |
Related Topics | Performance management, System administration, Distributed computing architecture, Network management, Information technology management |
Status | Grant |
Latest OpTier News
Jun 25, 2015
-by Brenon Daly Despite raising more than $100m in backing, OpTier quietly wound down this summer after a dozen years in business. Even more quietly, some of the assets from the formerly highly valued startup may have been snapped up on the cheap by SAP. That’s according to several market sources, and an opportunistic purchase would certainly make sense. SAP licensed a fair amount of OpTier to monitor its cloud software internally, so it could have simply brought the technology in-house. Although a deal hasn’t been announced (much less terms for any transaction), we understand SAP paid $10-20m for much of OpTier’s IP. Assuming our understanding is correct, it would mark a sharp comedown for OpTier. As recently as three years ago, the Israeli startup was reported to be seeking an exit of up to $300m in a process run by Morgan Stanley, which is also an investor in OpTier. Although OpTier grew quickly through much of the past decade with its business transaction monitoring product, it was slow to step into the more valuable market of code-level application performance monitoring (APM). (See our 2012 report on the ‘pivot’ at OpTier . ) For comparison, at least two APM startups founded after OpTier – AppDynamics and New Relic – are both valued in the neighborhood of $1bn and are expected to go public in 2015. For more real-time information on tech M&A, follow us on Twitter @451TechMnA .
OpTier Frequently Asked Questions (FAQ)
When was OpTier founded?
OpTier was founded in 2002.
Where is OpTier's headquarters?
OpTier's headquarters is located at 350 Fifth Avenue, New York.
What is OpTier's latest funding round?
OpTier's latest funding round is Asset Sale.
How much did OpTier raise?
OpTier raised a total of $118.1M.
Who are the investors of OpTier?
Investors of OpTier include SAP, Pitango Venture Capital, Gemini Israel Ventures, Viola Group, Viola Credit and 7 more.
Who are OpTier's competitors?
Competitors of OpTier include AppDynamics.
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Compare OpTier to Competitors
New Relic develops cloud-based software. The company provides solutions to track and provide insights on the performance of websites and applications. It serves e-commerce, retail, healthcare, media, and other industries. The company was founded in 2008 and is based in San Francisco, California.
ThoughtData is a company that focuses on unified IT monitoring across various performance metrics and cyber threats, operating in the technology sector. The company offers services that provide visibility into network, application, and infrastructure performance, as well as cyber threat monitoring. ThoughtData primarily serves sectors such as finance and banking, government and federal institutions, healthcare, retail and manufacturing, energy, and educational institutions. It was founded in 2019 and is based in Acton, Massachusetts.
VuNet Systems operates as a data analytics platform. It offers solutions that help businesses to monitor their processes and improve their users’ payment experience. It provides network interactive maps, analyzes petabytes of data, and more. It was founded in 2014 and is based in Bengaluru, India.
eG Innovations is a company that specializes in IT performance monitoring and digital intelligence solutions in the technology sector. The company offers a range of services including application performance monitoring, cloud monitoring, and IT infrastructure monitoring, all designed to automate and accelerate the discovery, diagnosis, and resolution of IT performance issues. These services are applicable across various sectors including healthcare, education, government, banking and finance, and retail. It is based in Singapore.
Heal Software is a company that focuses on IT operations, specifically in the domain of preventive healing software. The company's main product is an autonomous IT operations platform that uses artificial intelligence to predict and prevent IT problems before they occur, offering services such as real-time data analysis, early warning signals, root cause analysis, and auto-healing actions. The company primarily sells to sectors that require uninterrupted IT services, such as banking and online businesses. It was founded in 2019 and is based in Santa Clara, California.
JetPatch is a company that focuses on IT operations, specifically in the domain of server management. The company offers a range of services including patch management, agent management, software discovery and distribution, and IT process automation. These services aim to enhance business resilience by governing and automating patch and configuration management, while also providing operational efficiencies and cost savings. It was founded in 2010 and is based in Newton Center, Massachusetts.
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