OpTier Receives $62,500,000 Series D Round

  • Feed Type
  • Date
    9/23/2008
  • Company Name
    OpTier
  • Mailing Address
    130 West 42nd Street New York, NY 10036
  • Company Description
    OpTier develops software that dynamically assures IT business service levels and optimizes resources for the enterprise. The leader in Transaction Workload Management, OpTier introduces a transactional context for IT service management.
  • Website
    http://www.optier.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $62,500,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    OpTier’s management team will use the funding to aggressively pursue plans to enhance and broaden the company’s offerings in the BTM market via acquisition and organic development, fueling sales and marketing and expanding industry partnerships.
  • M&A Terms
  • Venture Investor
    Index Ventures
  • Venture Investor
    Morgan Stanley Venture Partners
  • Venture Investor
    Pitango Venture Capital
  • Venture Investor
    Carmel Ventures
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Gemini Israel Funds
  • Venture Investor
    Cisco Systems, Inc.
  • Venture Investor
    Pivotal Investments