.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners led a $60m Series C funding round in Esper.

Financials

Edit Data
Transaction Value£47m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Friendly

Minority

Domestic

Digital Services

Private

Completed

DevOps SaaS platform

Private Equity

Venture Capital

United States

Single Bidder

Synopsis

Edit

Insight Partners, a venture capital and private equity firm, led a $60m Series C funding round in Esper, a DevOps platform for devices, with participation from Scale Venture Partners, Madrona Ventures and Root Ventures. “For years now, we’ve seen these massive projections about IOT devices of all kinds. But on the ground, enterprises and SMBs are struggling with the reality that large-scale deployments of devices are hard and expensive when you go it alone. Esper has emerged as the only platform that provides modern DevOps capabilities in a package purpose built for intelligent edge devices. And even better, developers tell us that they love using Esper,” Philine Huizing, Insight Partners Vice President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US