Machine learning startup Opsani raises $10 Million Series A funding led by Redpoint Ventures for AI-driven continuous optimization of cloud applications

August 8, 2019

Opsani (formerly Datagrid Systems), a tech startup that provides of AI-driven Continuous Optimization for cloud applications, has secured a $10 million Series A funding round to scale Opsani’s operations to tackle the projected $50 billion cloud spend market in 2020, which is projected to grow at 20 percent* year over year. The round was led  by Redpoint Ventures, with participation from early investors Zetta Ventures and Bain Capital. In conjunction with the funding, Opsani also announced that Satish Dharmaraj, Partner at Redpoint, will join its Board.

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