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Opslevel Raises $15M To Help Developers Manage Their Microservices

Mar 01, 2022over 3 years ago

Amount Raised

$15 Million

Description

OpsLevel, a startup that helps development teams organize and track their microservices in a centralized developer portal, today announced that it has raised a $15 million Series A funding round. The round was led by Threshold Ventures. Previous investors Vertex Ventures, which led the company’s $5 million seed round, S28 Capital and Webb Investment Network also participated in this round, in addition to a number of angel investors.

Company Information

Company

Ops Level

About

At its core, the company, which was co-founded by former PagerDuty engineers John Laban and Kenneth Rose, provides development teams with a centralized service catalog. The company plans to use the new funding to expand its engineering team in order to speed up its product development efforts. So to help these engineering teams, OpsLevel provides them with a developer portal that provides a single interface to manage all of their services, systems and tools.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech