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OpTier
Based in
New York, United States
Analytics, Application Performance Management, Enterprise Software
B2B
Business transaction management software
Acquired
-
Dates
Launch
1 January 2002
Closure
1 May 2014
Duration (months)
12 years, 3 months
Failure
Reason
Complex and buggy product
Submitted Failure Story
Failure categories
Poor product
Founders and team
Investment
Number of investors
8
Investors
Index Ventures, Lightspeed Venture Partners, Pitango Venture Capital, Cisco, Viola Ventures, Gemini Israel Ventures, Morgan Stanley, Viola Credit
Accelerator program
-
Acquisition status
Acquired by SAP for $10,000,000
Acquisition date
10 August 2014
Employee count
51-100
Founders
Amir Alon, Motti Tal
Founders Twitter
Funding
Total funding
$118,100,000
Number of funding rounds
9
Funding round(s) amount(s)
Series D - $7,000,000, Series D - $47,500,000, Venture - Series Unknown - $15,000,000, Series C - $9,500,000, Series B - $7,500,000, Debt Financing - $15,000,000, Series A - $8,600,000, Venture - Series Unknown, Series E - $8,000,000
Last funding
$118,100,000
Last funding date
13 August 2013
Last funding type
Series E
Funding Status
M&A
Online
Website
Public synopsis
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