OptIQ raises $1.5 Mn from Better Capital and others
DevOps and cloud compliance platform OptIQ has raised $1.5 million from Better Capital, Carya Ventures, and a group of investors. The round also witnessed the participation of Arvind Kumar Gupta, Akash Singh, Akhil Bhiwal, Sarath Sura, Swapnil Jain, Anil Advani, Raj Krishna Murtthy, Vaibhav Raj Gupta and Videt Jaiswal.
The fresh capital will be deployed to expand its workforce, work towards product maturity, and establish its go-to-market (GTM), the company said in a press release.
Founded by Keshav Murthy and Harsh Sahu, OptIQ is an artificial intelligence-driven platform that enables developers to manage cloud infrastructure, deployment, monitoring, logging, and cloud security compliance in a single platform without having core DevOps expertise.
The Bengaluru-based startup claims it is building an intelligent DevSecOps platform that developers can use and weed out the problem of managing friction between DevOps teams and developers. It also claims to solve the problem of managing cloud infrastructure, CI/CD, security, and compliance of software companies.
Micro venture capital firm Better Capital raised its maiden fund of $15.2 million in November last year to scale its pre-seed and seed investment strategy in India. So far, it has invested in more than 60 startups including Teachmint, Kutumb, Filo, Airmeet, Khatabook, and Paper.vc.
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