Company Overview
Snapshot
Founded in November 2011 by Chen Harel, Tal Weiss, Niv Steingarten, and Dor Levi, OverOps operated with 1–10 employees. The company raised $50.2 million across 4 funding rounds from 3 investors. OverOps was acquired by Harness in March 2023.
Business overview
OverOps provides a platform that enables companies to understand the root causes of Java code failures in production environments. Its core technology allows users to detect new errors, identify critical issues by deduplicating millions of log errors, and pinpoint the exact code and variable states responsible for failures. The company serves the business software market, focusing on enterprises and professional services within the software development and testing sectors.
Strategic signal
In March 2023, OverOps was acquired by Harness, marking a significant exit for the company and its investors. This acquisition indicates a strategic consolidation within the DevOps and software reliability engineering market, with Harness integrating OverOps's debugging capabilities to enhance its platform offerings. For investors, this signals a successful realization of value and the continued demand for advanced tools that improve application quality and operational efficiency.
Company Intelligence Q&A
- What was the most recent significant corporate event for OverOps?
- OverOps was acquired by Harness in March 2023. The terms of the acquisition were not disclosed.
- When did OverOps last raise a funding round?
- Lightspeed Venture Partners and Menlo Ventures participated in this C Round.
- When was OverOps recognized by Gartner?
- OverOps was named a Cool Vendor in Performance Analysis by Gartner in May 2017.
- When did OverOps expand its language support?
- In January 2020, OverOps debuted new language support for .NET to help identify, prevent, and resolve critical code issues in enterprise applications.