Atlassian to buy OpsGenie for $295 mln
Summary
OpsGenie, which is based in Boston, provides a platform that helps organizations manage the flood of increasingly critical IT alerts that are now commonplace when operating “always-on” IT services.“Battery’s assistance with recruiting top executives—in addition to helping us with other strategic and tactical matters—has been extremely valuable.” Battery, a global, technology-focused investment firm, in 2016 led OpsGenie’s Series A investment—the company’s only institutional round—and is the company’s majority shareholder.With over 200 deep integrations and a highly flexible rules engine, OpsGenie centralizes alerts, notifies the right people reliably, and enables them to collaborate and take rapid action.Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies.Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, New York and Israel.