VictorOps raises $2.8M to close $15M Series B funding round

BOULDER — Boulder software company VictorOps Inc. on Monday announced completion of its Series B funding round, bringing in an additional $2.8 million to its previously disclosed $12.2 million.

The $15 million total Series B investment round was led by Shea Ventures, Foundry Group and Costanoa Ventures.

“We received a lot of interest in our Series B financing,” Todd Vernon, CEO and co-founder of VictorOps, said in a prepared statement. “It became clear that the round was going to be over-subscribed, and we wanted to take our time to choose the right investors to partner with — firms that share our drive to improve the real-time incident management space and displace competitor solutions.”

SPONSORED CONTENT

Empowering communities

Rocky Mountain Health Plans (RMHP), part of the UnitedHealthcare family, has pledged its commitment to uplift these communities through substantial investments in organizations addressing the distinct needs of our communities.

Vernon told BizWest in November that the Series B funding is “predominantly for growth. We believe we have the product dialed in.”

VictorOps’ software enables information-technology and DevOps teams to solve IT problems in real time. The company employs 45 people at its 1401 Pearl St. headquarters, with plans to add 15 to 25 employees in the coming year.