Esper Raises $60 Mn From Insight Partners, Scale Venture Partners

SUMMARY

This latest funding round will primarily be used to further expand Esper’s ability to get in front of more enterprise customers, said in a statement.

The latest investment brings Esper's total funding to $100 million and follows the company’s $30 million Series B in May 2021.

Esper has over 200 paying customers and over 2,000 developers using its platform for product development

Just five months after announcing a $30 Mn Series B round, Bengaluru-based DevOps SaaS startup Esper has raised $60 Mn in Series C funding led by Insight Partners aimed at expanding its enterprise customer base.

Esper’s existing investors Scale Venture Partners, Madrona Ventures and Root Ventures also participated in this round of funding.

The latest investment brings Esper’s total funding to $100 Mn.

“This latest funding round will primarily be used to further expand Esper’s ability to get in front of more enterprise customers,” Esper said in a statement.

Enterprise edge devices is a fast-growing category that includes everything from the tablets used in travel, restaurants, and warehouses, to medical devices, fitness equipment, and in-store kiosks.

Founded in 2018 by Sundar and Yadhu Gopalan, Esper’s device infrastructure enables developers, mid-market businesses securely streamline deployment and management for distributed fleets of mission-critical Android edge devices, creating delightful user experiences that rapidly scale.

Some of its clients include cult.fit, Teach for India amongst others.

“Android DevOps has the potential to transform Indian businesses through their journey towards agility, increase operational efficiency and control costs,” says Yadhu Gopalan, CEO and co-founder at Esper.

Shiv Sundar, COO & co-founder at Esper, “Currently 83 employees work out of India and are responsible for designing and engineering Esper’s core DevOps platform along with tackling the core marketing and sales functions. We plan to increase the employee count to 200 by 2022 as we are looking to expand the Engineering and Sales functions.”

Esper has over 200 paying customers and over 2,000 developers using its platform for product development. The platform addresses verticals as diverse as fast food, healthcare, connected fitness, retail, and digital signage, driving 2021 revenue 4x higher than the year prior.