OPTIMOZ Raises $2M Series A

5/22/18

Naresh Patel

OPTIMOZ (https://optimoz.com), a digital transformation company based in Bethesda, Maryland, raised $2 million in the series A round led by the Global Environment Fund to expand its enterprise DevSecOps platform service to meet the growing market needs. The evolving software supply chain and the broad-based adoption of cloud computing have transformed the way that software is developed and delivered, with a variety of open-source software components supplied through software applications. At the same time, developing and delivering secure applications faster than ever before has become an industry-wide imperative. OPTIMOZ allows organizations to take control of their software supply chains in order to increase the productivity and deliverability of high-quality and secure software applications.

"Our goal is to take away the burden of operational responsibility from clients, put them on the path of continuous modernization and allow them to focus on their core business competencies. IT modernization is no longer an event, but it is a continuous process," said Naresh Patel, founder and President of OPTIMOZ.

Traditional IT life cycles used to require both software and hardware to be constantly refreshed, transformed and/or modernized, leading to long waiting periods and massive capital expense. Market competition requires enterprises to shift from on-premise data centers to hybrid models. However, the widespread adoption of cloud computing and the emergent technologies cause the main obstacle to success to be a lack of expertise. For developers, embracing new tools and processes to deliver production-ready solutions, adopting cloud-native services and refactoring monolithic applications into API Driven microservices is a major challenge.

OPTIMOZ helps its customers set up processes and roadmaps to achieve continuous modernization. With its expertise and experience in Cloud Computing, Enterprise DevSecOps and Enterprise platforms, OPTIMOZ has successfully brought enterprise development teams to achieve the adaptation of new tools and technologies, enabling agile delivery of solutions. OPTIMOZ excels in providing Enterprise Platforms for Microservices and Cloud Application Lifecycle Management to meet the challenging demands of today's consumers.

"OPTIMOZ will utilize the funding it has received to package its expertise and experience in Enterprise DevSecOps. We aim to be a market leader by empowering developers to fast-track the application development and delivery process," said Patel.

"We are excited about packaging OPTIMOZ's expertise in Cloud Computing because these applications streamline Cloud migration and continuous modernization to replace IT legacy systems. In addition to saving IT costs, OPTIMOZ applications can reduce energy consumption and lighten the environmental footprint of enterprises and agencies," said Jeff Leonard, CEO and Founding Partner of GEF.

GEF has previously invested in a number of other successful government-oriented technology companies including: Aurora Flight Sciences, KEYW Corporation, Athena Controls and Essex Corporation.

About OPTIMOZ:
OPTIMOZ is a digital transformation company based in Bethesda, Maryland, that enables enterprises and federal agencies to accelerate development and delivery of applications that engage customers and drive revenue. Our mission is simple: We aim to empower customers to increase their delivery capabilities with the effective and efficient use of technology. OPTIMOZ specializes in all aspects of Cloud Computing, DevSecOps, Continuous Integration/Continuous Delivery and Application Development leveraging on microservices and API architecture. OPTIMOZ has successfully helped its customers refactor and migrate applications to Amazon AWS Cloud and Container platforms like Kubernetes and OpenShift. We have set up state-of-the-art Agile DevSecOps development processes including CI/CD that allow our customers to deploy application releases on a zero downtime basis. OPTIMOZ is also an AWS Advanced Consulting Partner.

About GEF: 

GEF is a private equity fund manager focused on seeking superior long-term financial returns by investing in businesses that advance resource and energy efficiency and safety and security. For nearly 30 years, the firm has been investing in businesses in both emerging and developed economies where changing energy, environmental, and natural resource constraints or needs have resulted in business and financial opportunities.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect