SAN FRANCISCO, CA, XOPS, the autonomous IT company, today emerged from stealth with $40 million in funding.
XOPS today emerged from stealth with $40 million in funding to transform IT operations for the world's most complex enterprises. Its intelligent platform solves the longstanding challenges of fragmented and inefficient IT operations, reducing costs and increasing operational efficiency by astonishing margins while improving the employee experience. The round was co-led by Activant Capital and FPV Ventures, with Andrew Steele (Activant) and Pegah Ebrahimi (FPV) joining the XOPS board of directors.
XOPS, the autonomous IT company, powers business-critical IT operations for the world's largest enterprises. As the pioneering active System of Intelligence, XOPS delivers total visibility across enterprise systems, unprecedented operational intelligence, and complete lifecycle context. The platform deploys in days, bringing immediate intelligence to existing system investments while enabling truly autonomous operations with a legion of XOPS robots. From employee onboarding to software license optimization and far beyond, IT leaders reclaim resources and reduce risk, while their organizations achieve an average 20% cost savings, 60% process acceleration, and 80% error reduction.
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