Virtana, a San Jose, CA-based leading provider of AI-driven monitoring solutions for hybrid cloud management, raised $73 million to accelerate growth.
The round was led by Atalaya Capital Management, Elm Park Capital Management, HighBar Partners, and Benhamou Global Ventures.
The investment will support the company’s continued innovation in the AIOps market and further bolster Virtana’s position within the $30+ billion IT operations management software market.
Company: Virtana Corp.
Raised: $73.0M
Round: unknown
Funding Month: January 2022
Lead Investors: Atalaya Capital Management, Elm Park Capital Management, HighBar Partners, and Benhamou Global Ventures
Additional Investors:
Company Website: https://www.virtana.com/
Software Category: HybridCloud Transformation Platform
About the Company: Virtana delivers unified observability and optimization platform for managing application workloads across public, private, hybrid, and multi-cloud environments. Using artificial intelligence for IT operations (AIOps) technologies, including machine learning and advanced data analytics, the cloud-agnostic Virtana Platform solves the most difficult challenges facing enterprises as they seek to leverage public clouds. The SaaS platform enables a “know before you go” approach by providing intelligent observability into which workloads to migrate. It also ensures that unexpected costs and performance degradation are avoided once workloads are operating in the cloud. With the Virtana Platform, enterprises can confidently speed cloud adoption and reduce cloud operating costs by simplifying the management of their IT environments.
Source: https://www.virtana.com/press-release/virtana-raises-73-million-in-financing-to-accelerate-growth-in-the-aiops-hybrid-cloud-management-market/