[Funding alert] Amazon’s top investor Madrona Venture Group injects $ 7.6 million into cloud startup Esper
Scott P. Arroyo
2 min read
Cloud platform based in Seattle and Bangalore , Thursday, announced to have lifted $ 7.6 million in his Series A round, led by a US-based venture capital firm Madrona corporate group, which had previously invested in e-commerce giant .
Existing investors Root companies, , HaystackCompanies, and Pioneer companies, also participated in the round.
In a report, Yadhu Gopalan, CEO and co-founder, Esper, noted,
“We are delighted to have the full support of these investors to expand our team and further develop our business to help customers move beyond mobile device management to true device orchestration. Our vision is to provide a platform that allows our clients to focus on building their value proposition rather than their infrastructure. “
The Esper device and app management platform plans to use the funding to product development and to expand its clientele in India and the United States. The startup team in Bangalore is ready to expand through engineering, Sales, marketing, and customer success.
Founded in 2018 through Yadhu and Shiv Sundar, cloud startup Esper claims to have a large following in the United States and India. The platform enables device manufacturers and chipset suppliers to provide a lean Android solution specially designed for the space dedicated to smart devices.
It allows its customers to control every aspect of their device fleet and enables real-time debugging of applications on a remote device when needed.
Shiv said, “India was one of the early adopters of Android devices for business use cases. We have leading customers in India in Point of Sale, Logistics and Retail who use Esper to deploy their fleet of devices. We look forward to using our Series A fundraiser to increase our market share in India and expand our engineering team in Bangalore. “
In India, its clientele includes companies in the retail, logistics, hospitality and healthcare sectors.
The startup also has ongoing partnerships with MediaTek, Lenovo, and Zebra for the development of hardware and peripherals. On top of that, Esper is also Android Enterprise Recommended as GoogleEMM partner.
(Edited by Saheli Sen Gupta)
