OpsDataStore, a new company delivering complete and real-time operational transparency across the IT stack, has launched with $3 million in Series A funding.
The round was led by Forté Ventures and included investments from Citrix Systems, Persistent Systems, Osage Venture Partners, and individual investors, Frank Swain, former VP of Sales at Splunk and AppDynamics, and Mike Phelan, Venture Partner at Osage Venture Partners and former CEO at SevOne. Led by IT operations and applications management expert Bernd Harzog, OpsDataStore enables the enterprise to deliver superior online service quality based on a common data store for all management data and vendors.
“Despite massive investments in outdated frameworks from legacy vendors and scores of point tools, along with time spent building internal tooling, enterprises still suffer from numerous service outages that are difficult, expensive and time-consuming to resolve. Based on our work with hundreds of enterprise customers over the last several years, it’s clear the only way to transform modern IT management is a best-of-breed ecosystem of innovative new management tool vendors anchored by a common high-speed big data platform,” said Bernd Harzog, CEO at OpsDataStore.
Service quality across heterogeneous stacks and platforms has plagued enterprises for decades. Outdated legacy management frameworks, collections of unrelated point tools, homegrown solutions and other piecemeal approaches are time consuming, expensive and ineffective. To improve performance and availability of these systems, data from all platforms and tools must be combined into one real time data store.
“OpsDataStore is closing a 25-year-old gap in the industry, which was created by management vendors underestimating the rapid pace and diversity of technology innovation,” said Gabriel Lowy, CEO at Tech-Tonics Advisors. “Bernd has assembled a powerhouse team that uniquely understands the complex challenges faced by today’s enterprises. We believe OpsDataStore is at the forefront of the next wave of innovation in IT operations, service management and user experience assurance.”
The OpsDataStore executive team is built on decades of experience in application management, big data systems and enterprise solutions. In addition to serving as a research director at Gartner, CEO Bernd Harzog founded APM Experts, a strategy-consulting service to leading vendors in the modern management software industry. Spearheading OpsDataStore’s technical vision is CTO Dave Wagner, who spent over a decade at BMC Software as Director of Product Management for the company’s complete line of distributed systems monitoring and management solutions. Additional executives include: Todd Nist, VP of Architecture; Rich Salerno, VP of Global Accounts, NYC; and Joel Fortune, VP of Global Accounts, Chicago.
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