Esper Announces $30 Million in Series B Funding
May 24, 2021

Esper announced $30 million in Series B funding led by Scale Venture Partners, with participation from existing investors including Madrona Venture Group, Root Ventures, Ubiquity Ventures, and Haystack.

The investment brings Esper's total funding to $40.6 million, following a $7.6 million Series A fundraise in February 2020.

With the number of Internet of Things (IoT) connected devices projected to increase from 14 billion units in 2021 to 31 billion units in 2025, companies are learning how best to scale their core business applications. But with thousands of device manufacturers on Android alone, achieving scale comes with huge challenges. Esper’s platform helps companies bypass building an internal DevOps team by enabling developers and engineers to securely streamline deployment and management for distributed fleets of Android edge devices, creating positive user experiences that can rapidly scale.

“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. “Esper’s mature cloud infrastructure incorporates the functionality cloud developers have come to expect, re-imagined for devices.”

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 and hire for engineering in cloud, Android, and full-stack; product and program management, user experience, marketing, and sales.

“Just as AWS rapidly accelerated the time to bring a web application to market, Esper gives developers and engineers the platform to bring their dedicated devices and associated apps to market exponentially faster,” said Yadhu Gopalan, CEO and co-founder of Esper. “Regardless of your hardware choices or roadmap, Esper presents the infrastructure as a single pane of glass. We innovate for you on the infrastructure level, so you can innovate at the application level.”

“The world of edge devices is growing daily from the ubiquitous tablets in retail, restaurants and warehouses, to fitness equipment and kiosks. All these devices need provisioning, scaled deployments, and frequent and remote updates,” said Andy Vitus, partner at Scale Venture Partners. “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.”

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