Overview

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Status
Acquired by on July 23, 2007
IPO / Stock
Went Public on Mar 9, 2001 / NASDAQ:LDCL
Headquarters:
Sunnyvale, CA
Description:
Opsware offers products for server and network device provisioning, configuration and management, specifically for enterprise customers.
Founders:
, ,
Categories:
Education, EdTech, SaaS, Cloud Computing, Software
Website:
http://www.opsware.com
Social:

Company Details

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Founded:
September 1, 1999
Aliases:
Loudcloud
Contact:
+1 (877) 686-9637
Employees:
251 - 500 | 1 in Crunchbase

Opsware, Inc. is a software company based in Sunnyvale, California which offers products for server and network device provisioning, configuration and management targeted toward enterprise customers. Opsware also has offices in New York City, Seattle, Washington and Cary, North Carolina.

The company that was formerly known as Loudcloud was founded on September 9, 1999 (i.e., 9/9/99) as a managed services provider. After selling the operations side of the business to EDS in the summer of 2002, Loudcloud became Opsware and went to market as a technology company, offering the software that had been developed internally to support customer systems via automated server life-cycle management. In December 2003, Opsware acquired asset management systems provider Tangram Enterprise Solutions, and in December 2004 acquired network device configuration management vendor Rendition Networks. In July 2006 Opsware acquired CreekPath to fill out its Data Center Automation (DCA) product offering, by allowing provisioning of storage components as well. Lastly, in March 2007 Opsware acquired Seattle-based iConclude and their run-book automation software, which allowed Opsware to tightly integrate datacenter management duties end-to-end.

In July 2007, HP announced that it had agreed to acquire Opsware for $1.6 billion in cash ($14.25 per share), 16x revenues. It is HP's third largest acquisition behind Compaq and Mercury.

Funding Rounds (3) - $186M

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2000$120M / Series B9
Jan, 2000$45M / Debt Financing1
Nov, 1999$21M / Series A2

Current Team (1)

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  • Senior Manager, Product Marketing and Professional Services

Board Members and Advisors (1)

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News (392)

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DateNews
Jun 14, 2016TechCrunch - Why would a VC firm IPO?
Jun 10, 2016Fortune - Andreessen Horowitz Raises $1.5 Billion for New Fund
Jun 10, 2016Business Insider Australia - Not all software M&A is created equal
Jun 9, 2016Business Insider (tech) - Not all software M&A is created equal
Jun 8, 2016Andreessen Horowitz - Not All Software M&A Is Created Equal
Mar 16, 2016Re/code - Ben Horowitz to Take Board Seat at Security Startup Tanium
Feb 17, 2016Mattermark - From Impossible To Inevitable: 3 Lessons
Feb 6, 2016David Cummings on Startups - Video of the Week: Ben Horowitz Of Andreessen Horowitz On What He Looks For In A Pitch

Offices/Locations (1)

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  • Headquarters

    599

    N Mathilda Avenue

    Sunnyvale, CA 94086

    USA

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