DevOps platform Esper raises $30M in Series B round
Written by Finbarr Toesland Wed 26 May 2021
Esper plan to capitalise on the increasing number of Internet of Thing (IoT) and use funding in order to widen their portfolio and improve their infrastructure.
In a funding round led by Scale Venture Partners, leading Android DevOps platform Esper announced they had raised $30M in Series B round funding from investors including Madrona Venture Group, Root Ventures, Ubiquity Ventures, and Haystack.
Esper aims to capitalise on the rapidly increasing number of Internet of Things (IoT) connected devices and Android products by helping companies scale their offering.
A central benefit of Esper’s platform is its ability to provide developers the tools they need to improve deployment and management for distributed fleets of Android edge devices. Esper plan to use this funding to widen their portfolio and improve their infrastructure to manage larger workloads.
The start-up also plans to build on the success of 2020, where the company recorded 70 times year-over-year revenue growth and saw the number of devices running on Esper grow by 15 times. Esper now counts brans like Ordermark, Spire Health, Inspire Fitness and Intelity as their clients.
“The pandemic has transformed industries like connected fitness, digital health, hospitality, and food delivery, further accelerating the adoption of intelligent edge devices. But with each new use case, better software automation is required,” said Yadhu Gopalan, CEO and co-founder at Esper. “Esper’s mature cloud infrastructure incorporates the functionality cloud developers have come to expect, re-imagined for devices.”
Yadhu Gopalan, CEO and co-founder at Esper, has a great deal of experience in this industry, with his past roles including designing back-end solutions for Amazon’s FireOS, AWS cloud services, and leading systems engineering for Amazon Go. After seeing the importance of maintaining a DevOps mindset during his previous work, Gopalan saw the opportunity for a solution like Esper. The latest round brings total investment in Esper to $40.6 million, after a $7.6 million Series A fundraise in February 2020.