Esper, an Android DevOps platform, has raised $60 million in Series C funding led by Insight Partners, with participation from existing investors Scale Venture Partners, Madrona Ventures, and Roots Ventures.
The Series C funding comes just over four months after the company closed a $30 million round led by Scale Venture Partners, bringing the company’s total cash received to $100 million.
Esper intends to use the funds to increase its presence and attract more enterprise customers. It also intends to more than double its employee count to 200 by 2022 in order to strengthen its engineering and sales operations.
“India has experienced unprecedented digital transformation since the pandemic, making it a one-of-a-kind market with the potential to adopt DevOps across all industries.”
“Android DevOps has the potential to transform Indian businesses by increasing operational efficiency and cost control,” said Yadhu Gopalan, cofounder and CEO of Esper.
Esper’s platform enables businesses to remotely manage and upgrade edge devices and custom apps, with a focus on tablets used in the travel, restaurant, and warehouse industries.
Its platform is also capable of supporting medical devices, fitness equipment, and store kiosks, where devices have evolved into an important part of the customer journey.
“Customer expectations are higher than they have ever been. When a retailer’s point of sale terminal fails, the merchant lacks the time and expertise to repair it. These devices are mission critical and must function flawlessly 24 hours a day, seven days a week,” Gopalan added.
According to the company, the fast food, healthcare, linked fitness, retail, and digital signage industries have all contributed to the startup’s revenue growth in 2021.
It now has more than 200 paying customers and over 2,000 product developers using its platform.
“We’ve been seeing these massive projections about IoT devices of all kinds for years now. On the ground, however, enterprises and SMBs are grappling with the reality that large-scale device deployments are difficult and costly when done alone,” said Philine Huizing, Vice President at Insight Partners. “Esper has emerged as the only platform that offers modern DevOps capabilities in a package designed specifically for intelligent edge devices.”