Colorado small businesses are less likely to change health insurers for the upcoming year, even as they anticipate continued price increases, according to the second-annual Delta Dental of Colorado Small Business Survey.
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Boulder-based VictorOps received $1.58 million in seed funding while it was in stealth mode. Ryan McIntyre from Boulder-based Foundry Group led the investment with participation from Chris Marks at Boulder-based Tango Investments and VictorOps’ co-founders Vernon, Ambraziunas and Jones.
Jim Lejeal, chief financial officer at Boulder-based Rally Software Development Corp., will join VictorOps’ board as an independent director.
VictorOps will be using the seed funding to build a web and mobile vertical-collaboration platform that will enable operation, development-operations and technical-operation teams to manage and remediate software system alerts and outages 24/7. The platform will be designed for small- and medium-size software-as-a-service businesses.
VictorOps wants to hire three software developers, and it is seeking SAS businesses to be alpha customers. Interested Ops teams can sign up at www.victorops.com.
This is the third startup for Vernon, who will serve as VictorOps’ chief executive. He co-founded Boulder-based Raindance Communications Inc., a web-conferencing company that was sold to West Corp. in 2006 for more than $170 million. He was also founder and chief executive of Boulder-based Lijit Networks Inc., an online advertising company that was sold to Federated Media Publishing in October for “just under $100 million” in stock, according to Fortune magazine.
Ambraziunas, who will serve as chief operating officer, has spent more than 17 years developing and operating real-time communications services where “downtime just isn’t an option.” Ambraziunas most recently was founder and COO at Affinity VideoNet, a 24/7 videoconferencing company working with some of the most demanding customers on the planet.
Jones, who will serve as chief technical officer, has 25 years experience in the software industry, the last 15 years architecting and building scalable Internet services designed to be “always on.” He served as chief architect and vice president of engineering at Raindance and Lijit Networks.