“As we look across the business sector over the last year, it is clear that every industry has been impacted. From healthcare and finance, to education and government, every industry has one clear goal: to identify and activate an agile workflow for their employees,” said
The Series C financing follows major company milestones:
- Expanding the company’s client roster to B2C and B2B brands comprising more than 50 of the Fortune 100, including T-Mobile/Sprint, plus a host of others;
- Expanding the industry-leading platform to enhance its abilities as the most complete and unique platform for enterprise management of digital user experience;
- Growing the company employee base by more than 50% in 2020, employing 180 employees globally.
“ControlUp leads the next generation of performance automation of information systems, distributed among offices and endpoints, in any organization, anytime, anywhere, in a virtual or physical environment. It gives the organization a complete picture of its network performance,” says
ControlUp’s AIOps platform gives organizations an end-to-end view of their end-user computing environments. With the lion’s share of the global workforce currently working outside the office, the intelligence provided by ControlUp is vital to providing an optimal user experience and ensuring productive work environments. At the heart of ControlUp’s solution is its proprietary machine learning-based Real-Time Engine, which connects to a multitude of data sources using flexible and expandable data collectors that cover a wide array of architectures and technologies. It uses a high-performance, in-memory database in order to digest, associate and correlate hundreds of thousands of records in a single node.
“K1 is excited to partner with JVP and the ControlUp team as they continue their impressive expansion in the end-user computing space,” said
ControlUp enables ITOps teams to monitor, analyze and directly remediate problems in their on-premise, hybrid cloud and cloud infrastructure in real-time using a powerful yet easy-to-use ITOps analytics and management platform. ControlUp remediation also allows ITOps to proactively automate fixes for a rapidly-growing set of use cases. ControlUp analytics utilizes anonymous operational metadata from thousands of organizations to help ITOps calculate best-practice baselines to set accurate expectations and goals and set budgets appropriate for the implementation. ControlUp is headquartered in
K1 builds category-leading enterprise software companies. As a global investment firm, K1 assists high-growth businesses to achieve successful outcomes, and invests alongside strong management teams that continue to guide their organizations on a day-to-day basis. With over 100 professionals, K1 changes industry landscapes by assisting with operationally-focused growth strategies designed to assist portfolio companies scale efficiently. Since inception of the firm, K1 has partnered with over 130 enterprise software companies including industry leaders such as