- Acquired by Hewlett-Packard on July 23, 2007
- IPO / Stock
- Went Public on Mar 9, 2001 / NASDAQ:LDCL
- Sunnyvale, CA
- Opsware offers products for server and network device provisioning, configuration and management, specifically for enterprise customers.
- Insik Rhee, Tim Howes, Ben Horowitz
- Education, EdTech, SaaS, Cloud Computing, Software
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) - $186MUpdate
Current Team (1)Update
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N Mathilda Avenue
Sunnyvale, CA 94086