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With $2 Million Series A, OPTIMOZ Gears-up to Transform the Way Software Is Developed & Delivered

By SiliconIndia   |   Wednesday, May 23, 2018
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OPTIMOZ, a digital transformation company, raises $2 million in series A led by Global Environment Fund (GEF) to widen its DevSecOps platform service to meet the market needs. With a variety of open-source software components supplied through software applications, the software supply chain and the broad-based adoption of cloud computing has changed the way software is developed and delivered. It also allows organizations to take control of their software supply chains to increase the productivity and deliverability of high-quality and secure software applications.

Naresh Patel, Founder & President, OPTIMOZ, says, “Our goal is to take away the burden of operational responsibility from clients, put them on the path of continuous modernization and allow them to focus on their core business competencies. IT modernization is no longer an event, but it is a continuous process. OPTIMOZ will utilize the funding it has received to package its expertise and experience in Enterprise DevSecOps. We aim to be a market leader by empowering developers to fast-track the application development and delivery process.”

The traditional IT life cycles require both software and hardware to be constantly refreshed, transformed or modernized. The widespread adoption of cloud computing and emergent technologies is one of the obstacles for success, whereas for developers, embracing new tools and processes to deliver production-ready solutions, and adopting cloud-native services is a major challenge. OPTIMOZ aids its customers set up process and roadmap to achieve continuous modernization.

Speaking on the funding, “We are excited about packaging OPTIMOZ’s expertise in Cloud Computing because these applications streamline Cloud migration and continuous modernization to replace IT legacy systems. In addition to saving IT costs, OPTIMOZ applications can reduce energy consumption and lighten the environmental footprint of enterprises and agencies” said Jeff Leonard, CEO & Founding Partner of GEF.”

With a reputation of investing in a number of other successful government-oriented technologies, GEF is a private equity fund manager which focuses on seeking superior long-term financial returns by investing in businesses that advance resource and energy efficiency and safety and security. Founded by Jeff and John Earhart, it works on the principle that well-deployed capital can bring significant improvements to environment and quality of life throughout the world.

Headquartered at Maryland, OPTIMOZ enables enterprises to accelerate delivery of applications that engage customers and drive revenue while optimizing cloud usage to reduce risk and costs. It specializes in Cloud Computing, DevSecOps, Continous Integration/Continous Delivery and Application Development leveraging on microservices and API architecture. It also helped customers refractor and migrate applications to Amazon AWS Cloud and Container platforms like Kubernetes and OpenShift.

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