Indian SaaS platform Esper raises $30m Series B led by Scale Venture Partners

Photo: Livemint

Android-based development and operations platform, Esper, on Thursday said that it has raised $30 million as a part of its Series B funding round led by Scale Venture Partners.

Existing investors including Madrona Venture Group, Root Ventures, Ubiquity Ventures, and Haystack, also participated as a part of this round.

With this investment, the total funding raised by Esper stands at $40.6 million.

With the new funding, Esper plans to continue to build out its product portfolio and expand its infrastructure platform to support even larger workloads. Additionally, Esper plans to expand its team in India and the US, as it looks to hire across engineering, product and program management roles. It also looks to increase its team size in marketing and sales functions.

Esper offers a software-as-a-service platform and helps companies securely streamline deployment and management of solutions for Android edge devices.

“Android is the most widely-used operating system in Asia-Pacific. Enterprises require the right set of tools and processes to scale their edge device deployment and provide quality mobile experiences for their customers,” said Shiv Sundar, chief operating officer and co-founder at Esper.

With the pandemic providing tailwinds for larger digital adoption, Esper claims that its revenue grew by almost 70-times, in 2020.

“The pandemic has transformed industries like connected fitness, digital health, hospitality, and food delivery, further accelerating the adoption of intelligent edge devices. But with each new use case, better software automation is required,” said Yadhu Gopalan, CEO and co-founder at Esper.

Based out of Bengaluru and Seattle, the company currently has clients across industries including retail, hospitality, logistics, healthcare, and education.

“Esper is the DevOps infrastructure for the millions of fleets of devices out there in the hands of non-IT staff users – consumers, restaurant workers, shoppers, and more. We led their Series B because we see similarities to other DevOps companies and Esper has already established themselves as the leader in the exploding need for Device DevOps,” ,” said Andy Vitus, partner at Scale Venture Partners.

The article was first published on livemint.com.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.