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OptIQ, which simplifies DevOps and cloud compliance for software companies, has raised $1.5 million from Better Capital, Carya Ventures and a group of investors. The round also attracted angel investors including Arvind Kumar Gupta, Akash Singh, AkhilBhiwal, SarathSura, Swapnil Jain, Anil Advani, Raj Krishna Murthy, Vaibhav Raj Gupta, VidetJaiswal and other angel investors. Funds raised will be used to expand the workforce, work towards product maturity, and establish go-to-market (GTM).
“Large organizations like Google, Apple, Netflix, and Uber can afford to put so much effort and resources into automation for deployment, scaling, monitoring, and security compliance. They no longer have DevOps teams. Instead, they have a self-diagnosing and self-healing system that does this automatically, managed by the developers. The question now is how other companies can implement this automation. So OptIq provides the same quality solutions for developers of software companies ,” said Keshav Murthy, CEO of Optical IQ.
Software developers spend an average of 15 hours per week doing non-productive operations work due to poor CI/CD processes. Currently, it takes 3 to 6 months to bring cloud infrastructure to ISO, SOC2 and PCI standards. OptIQ will help companies optimize these questions through its AI-based platform, according to the company’s statement.
“DevOps is more important than ever, and at the same time, companies are struggling to expand their DevOps teams with the right talent. OptIQ addresses this by productizing DevOps, so companies of all sizes can gain access to the same skills as larger companies. The same level of DevOps automation, but Better Capital’s Vaibhav Domkundwar said: “We are delighted to have worked with Keshav and Harsh from the ground up. “
Founded in January 2022 by Keshav Murthy and Harsh Sahu, OptIQ is a US-based startup providing an autonomous AI platform to create and secure scalable, compliant cloud infrastructure stacks for startups and scaling up.