OpSource scores $10M for on-demand app delivery
OpSource, provider of software-as-a-service and web applications for a variety of functions, just raked in $10 million in fifth-round funding from Nippon Telegraph and Telephone (NTT), Velocity Venture Capital, Key Venture Partners, Crosslink Capital and Artiman Ventures to continue expanding its software portfolio. Its flagship product, called OpSource On-Demand, lets application developers automatically deliver their own products to clients without investing in the expensive infrastructure usually required to deploy them.
The Santa Clara, Calif.-based company also offers related services, including billing, analytics and user support software. It has now raised $56.5 million to date, including past funds from Intel Capital.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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