OpsGenie

OpsGenie

a mobile IT management service providing rich alert notifications and mobile response capabilities.

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DateInvestorsAmountRound
investor

€0.0

round
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$295m

Valuation: $295m

Acquisition
Total Funding000k
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OpsGenie, established in 2012, operates as a modern incident management platform tailored for development and operations (DevOps) teams to manage always-on services. The company was founded by Berkay Mollamustafaoglu, Abdurrahim Eke, and Sezgin Küçükkaraaslan, who had previously collaborated at iFountain, a tech company where Mollamustafaoglu served as CTO. Recognizing the growing pressure on IT professionals due to the rise of always-on services, they launched OpsGenie to modernize incident response tools. The venture originated within iFountain, a firm that provided IT products and consulting, by productizing a segment of its services into a Software-as-a-Service (SaaS) model.

The business provides a centralized platform that integrates with over 200 monitoring, ticketing, and chat applications to consolidate alerts, filter out noise, and ensure critical issues receive immediate attention. Its primary function is to notify the correct personnel based on on-call schedules and escalation policies, utilizing multiple channels such as SMS, voice calls, email, and mobile push notifications. This system is designed for a client base that includes small, medium, and large enterprises across various sectors, with notable customers like Air Canada, The Washington Post, Overstock, 7-Eleven, and Expedia. Revenue is generated through a subscription-based model with different pricing tiers.

OpsGenie's product is an on-call and alert management software that enables teams to plan for, respond to, and analyze incidents. Key features include the ability to categorize warnings by importance and timing, create and manage on-call schedules, and define escalation rules to ensure no critical alert is missed. The platform provides tools for team collaboration during incidents, tracks the entire lifecycle of an alert, and offers analytics to identify areas for improvement in operational efficiency. A core benefit is the reduction of alert fatigue by grouping related notifications and de-duplicating redundant ones. The system's architecture is built to be flexible, allowing for customization of workflows and integrations to fit diverse operational needs. In September 2018, Atlassian acquired OpsGenie for $295 million, integrating it with its own product suite, particularly Jira, to create a more comprehensive incident response solution.

Keywords: incident management, on-call scheduling, alert management, DevOps, IT operations, alert notification, incident response, PagerDuty competitor, Atlassian, Berkay Mollamustafaoglu, IT alerting, service reliability, operational efficiency, escalation management, ChatOps, monitoring tool integration, SaaS, cloud infrastructure, alert fatigue, incident command center

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