DevOps for device fleets: Esper raises $ 60 million to manage devices used in retail, healthcare and schools

Esper co-founders Yadhu Gopalan (left) and Shiv Sundar. (Esper photos)

Seattle-area startup Esper has just raised a second round of investment in less than six months to support the growth of its software that helps companies manage fleets of tablets and smartphones.

Insight Partners led the $ 60 million Series C round, which comes shortly after the company raised a $ 30 million Series B round in May.

Founded in 2018 by vets at MIcrosoft, Esper is a DevOps platform for customers who manage fleets of company-owned Android devices. The 150-person startup helps businesses develop, deploy, and maintain devices used in industries such as healthcare, education, retail, restaurants, and more. The idea is to bolster traditional mobile device management (MDM) software with modern DevOps capabilities.

Customers include Ordermark, which helps restaurants manage online orders; Spire Health, a remote patient monitoring startup; and Teach for India, which enables students to learn using tablets in rural India.

Esper said they now have more than 200 clients and expect their revenues to quadruple in 2021. The startup is not profitable.

CEO of Esper Yadhu Gopalan Insight Partners said has proactively asked to invest more money in the business.

“There are billions of IoT devices already and the growth of the edge device space continues to accelerate,” he said.

The Esper team.

Spending on cloud services / IoT infrastructure grew 34.7% in 2020, according to IoT Analysis. Gopalan previously said the pandemic has accelerated the adoption of smart edge devices for some industries.

Gopalan is a 19-year Microsoft veteran who led the development of Windows CE and Windows Phone. Gopalan left Microsoft in 2013 for Amazon, where he developed back-end technology for Amazon Go, FireOS, and AWS before launching Esper.

Co-founder of Esper Shiv Sundar also worked at Microsoft on Windows Phone and left in 2012. Sundar then spent time at Quixey, Cyanogen and Huawei, where he led Android’s global strategy.

The Series C cycle included participation from Scale Ventures, Madrona Venture Group and Root Ventures. Total funding to date is $ 100 million. Philine Huizing at Insight Partners has joined the board of directors.

“For years we have seen these massive projections on IoT devices of all kinds. But in the field, businesses and SMEs are grappling with the reality that large-scale device deployments are difficult and expensive when you go it alone, ”Huizing said in a statement. “Esper has become the only platform that provides modern DevOps functionality in a package specifically designed for smart edge devices. “

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