A.I based cloud compliance software OptIQ has secured $1.5 Mn in funding led by Better Capital. The round also saw participation from Carya Ventures and renowned angel investors like Arvind Kumar Gupta, Akash Singh, AkhilBhiwal, SarathSura, Swapnil Jain, Anil Advani, Raj Krishna Murthy, Vaibhav Raj Gupta and Videt Jaiswal.
The Palo Alto-headquartered startup's AI-driven platform enables developers to manage cloud infrastructure, deployment, monitoring, logging, and cloud security compliance in a single platform without having core DevOps expertise.
The latest cash injection will enable OptIQ to hire new talent, work towards product maturity, and establish its go-to-market (GTM).
"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 “productising 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 & Harsh from day zero”, said Vaibhav Domkundwar of Better Capital.
OptIQ was founded in January 2022 by Keshav Murthy, CEO and Harsh Sahu, CTO, entrepreneurs with diverse backgrounds.
Keshav Murthy, CEO at OptIQ, said, “Big organisations 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”.