About IT Operations sector in Bay Area, United States
The IT Operations sector in Bay Area, United States comprises 724 companies, including 439 funded companies having collectively raised $22.1B in venture capital money and private equity. Out of these, 325 are Series A+ funded, and 20 have achieved unicorn status.
IT Operations sector in Bay Area, United States has seen 216 acquisitions and 5 IPOs. This represents almost 30.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes processes used by an organisation’s IT department to facilitate delivery of IT services and to manage IT infrastructure used by internal and external customers.
IT Operations sector is also known as IT Ops.
Companies that provide tools that are used by IT department for managing their processes (monitoring, automation, service desks, incident handling, disaster recovery, etc). Consultancy firms, service companies, and resellers. Also, does not cover solutions that are specifically for developers.
Top IT Operations Companies in Bay Area, United States
There are 724 IT Operations startups in Bay Area, United States which include PagerDuty, ServiceNow, Splunk, VMware, Rubrik. Out of these, 439 startups are funded, with 325 having secured Series A+ funding, and 20 achieving unicorn status.
Over the past 10 years, an average of 22 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, University of California (Berkeley) and Massachusetts Institute of Technology.
Here is the list of top IT Operations startups in Bay Area, United States
1. PagerDuty
Cloud based platform offering incident management software. It provides end-to-end incident orchestration for issue resolution. It provides automation to accelerate critical work across enterprises. The platform includes features such as status pages, customer service operations bridging, and AIOps for alert triage. It offers integration and customization options through a developer platform.
Key facts about PagerDuty
- Founded Year: 2009
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $174M
- Investors: T. Rowe Price, Wellington and 19 Others
- Latest Funding Round: Series D, Sep 06, 2018, $*****
- Tracxn Score: 85/100 What is this?
- Competitors Rank: 1 of 88 Competitors
2. ServiceNow
Cloud based platform offering unified IT management software. It provides a platform to streamline and automate various business processes and IT operations through a system of records. It provides automation and orchestration platform for threat and incident response and vulnerabilities. It provides variours products including IT service management, operations management, automated service ops, telecommunications service operations management, security operations, and more.
Key facts about ServiceNow
- Founded Year: 2004
- Location: Santa Clara (United States)
- Stage: Public
- Total Funding till date: $83.7M
- Investors: JMI Management, Sequoia Capital and 9 Others
- Latest Funding Round: Grant (prize money), Oct 01, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 87 Competitors
3. Splunk
Provider of security and observability solutions that enable digital resilience. The platform offers unified security, full-stack observability, and custom applications. It helps organizations become more productive, compliant, and secure across various industries. The solutions include threat detection, investigation, and response, along with performance monitoring and troubleshooting.
Key facts about Splunk
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $40M
- Investors: August Capital, Sevin Rosen and 19 Others
- Latest Funding Round: Post IPO, Oct 17, 2022, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 311 Competitors
4. VMware
Cloud based orchestration solutions. It enables running any app on any cloud on any device through the solutions for modern apps, multi-cloud, and digital workspace. It transform data centers into aggregated computing infrastructures with VMware vSphere, its virtualization platform.
Key facts about VMware
- Founded Year: 1998
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $596M
- Investors: .406 Ventures, Dell and 31 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 1,258 Competitors
5. Rubrik
Provider of live data access for recovery and application development platform. It provides storage based converged data management solutions. It is a hybrid cloud appliance that combines backup and recovery software with deduplication storage on a web based system. The system is available in disc storage configurations ranging from bytes to terabytes. It includes automation, recovery, and cloud adoption. It provides a generative AI companion for data security that enhance cyber detection, recovery, and resilience for cyber experts.
Key facts about Rubrik
- Founded Year: 2014
- Location: Palo Alto (United States)
- Stage: Public
- Total Funding till date: $553M
- Investors: IVP, Greylock and 49 Others
- Latest Funding Round: Series F, Aug 17, 2021, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 1,807 Competitors
Companies founded year-on-year in the IT Operations sector in Bay Area
39 IT Operations startups in Bay Area were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 8 |
2024 | 17 |
2023 | 20 |
2022 | 27 |
2021 | 21 |
2020 | 39 |
2019 | 36 |
2018 | 23 |
2017 | 32 |
Stage-wise distribution of IT Operations sector companies in Bay Area
Out of the total 724 IT Operations companies in Bay Area, 439 have secured funding. Among them, 325 have reached Series A or higher, and 286 to Series B or beyond.
Founded - 724
Funded - 439
Series A+ - 325
Series B+ - 286
Series C+ - 259
Company Stage | No. of companies |
|---|---|
Founded | 724 |
Funded | 439 |
Series A+ | 325 |
Series B+ | 286 |
Series C+ | 259 |
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Funding Trends in the IT Operations sector in Bay Area
Total funding year-on-year in the IT Operations sector in Bay Area
The IT Operations sector in Bay Area saw a total funding of more than $15.2B in the last 10 years. The most amount of funding was in 2022 at more than $3.4B. There has been a total funding of $2M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $2M |
2025 | $815M |
2024 | $1.03B |
2023 | $453M |
2022 | $3.4B |
2021 | $2.59B |
2020 | $1.89B |
2019 | $1.56B |
2018 | $2.49B |
2017 | $940M |
Recent Funding Rounds in IT Operations in Bay Area
In the year 2026, till January 2026, IT Operations companies in Bay Area have raised $2M in equity funding across 1 round.
In the same period last year (i.e. till January 2025), IT Operations companies in Bay Area had raised $47.9M across 7 rounds.
So, 2026 has seen a 95.83% drop in funding in IT Operations companies in Bay Area as compared to 2025.
Here are some recent, important funding rounds in IT Operations companies in Bay Area:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6598 | Jan 06, 2026 | and 1 more | |
Series A | 8877 | Dec 19, 2025 | ||
Series B | 2537 | Dec 11, 2025 | ||
Seed | 7697 | Nov 25, 2025 | and 3 more | |
Seed | 1388 | Nov 12, 2025 |
Top Investors in IT Operations in Bay Area
Y Combinator is the top investor in IT Operations companies in Bay Area based on number of companies invested.
Here are some top investors in IT Operations companies in Bay Area:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Menlo Park (United States) | ||
Palo Alto (United States) | ||
Menlo Park (United States) | ||
Menlo Park (United States) |
M&A activity in IT Operations sector in Bay Area
In the year 2025, till December 2025, 10 acquisitions happened in IT Operations sector in Bay Area. Last year, in 2024, a total of 13 acquisitions happened in IT Operations sector in Bay Area.
Here are some recent, important acquisitions in IT Operations sector in Bay Area:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 16, 2025 | ||
Business Acquisition | Nov 04, 2025 | ||
Business Acquisition | Sep 24, 2025 | ||
Business Acquisition | Sep 08, 2025 | ||
Business Acquisition | Jun 24, 2025 |
Acquisition trends in IT Operations sector in Bay Area
Here are the acquisition trends in IT Operations sector in Bay Area:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 10 |
2024 | 13 |
2023 | 17 |
2022 | 13 |
2021 | 10 |
2020 | 17 |
2019 | 12 |
2018 | 13 |
2017 | 19 |
IPOs in IT Operations in Bay Area
In the year 2024, till April 2024, 1 IPO happened in IT Operations sector in Bay Area.
Here are some recent, important IPOs in IT Operations sector in Bay Area:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 25, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Aug 25, 2022 | Mexican Stock Exchange (BMV) | |
Jul 29, 2022 | Frankfurt Stock Exchange (FRA) | |
Feb 17, 2022 | Brazil Stock Exchange (B3) | |
Dec 10, 2021 | New York Stock Exchange (NYSE) |
Colleges which produce the most IT Operations companies in Bay Area
Companies founded by alumni from top colleges in the IT Operations in Bay Area
Most number of IT Operations startups in Bay Area have been founded by alumni from Stanford University, University of California (Berkeley) and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Stanford University | 35 |
University of California (Berkeley) | 30 |
Massachusetts Institute of Technology | 16 |
IIT Kharagpur | 15 |
University of Pennsylvania | 15 |
IIT Madras | 13 |
IIT Delhi | 12 |
IIT Bombay | 10 |
Wharton School | 10 |
BITS Pilani | 8 |
Total funding in IT Operations companies founded by alumni from top colleges in Bay Area
In the last 10 years, IIT Delhi graduates' IT Operations companies in Bay Area have raised the most funding among top colleges. University of Pennsylvania alumni are second, and Wharton School alumni are third.
College | Total Funding |
|---|---|
IIT Delhi | $3.62B |
University of Pennsylvania | $3.47B |
Wharton School | $3.23B |
IIT Kanpur | $2.37B |
Stanford University | $2.26B |
IIM Calcutta | $1.72B |
University of California (Berkeley) | $1.39B |
Massachusetts Institute of Technology | $1.34B |
IIT Kharagpur | $995M |
IIT Madras | $838M |
Top News in IT Operations in Bay Area
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New Relic's Outlook on Observability and AI in India: Engineering InsightsCyberMedia India Online•Dec 17, 2025•New Relic
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Moveworks and Unily Deepen Partnership to Transform the Intelligent Employee ExperienceBusiness Wire•Dec 12, 2025•Unily, Moveworks
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Veeam Partners with ServiceNow to Power Data Resilience Processes and WorkflowsBusiness Wire•Dec 09, 2025•Veeam, ServiceNow
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Broadcom Enhances Advantage Partner Program to Accelerate Customer ValueReseller•Dec 05, 2025•Broadcom, VMware
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Splunk Expands to Saudi Arabia with Google Cloud for Digital ResilienceTahawulTech.com•Dec 05, 2025•Splunk
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Digitate and BMC Unveil a Multi-Product Solution on the AWS MarketplaceBusiness Wire•Dec 03, 2025•BMC Software, Digitate
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Moveworks Named to Inc.’s 2025 Best in Business List in Best in InnovationBusiness Wire•Dec 02, 2025•Moveworks
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Riverbed Partners With Kellanova to Amplify Purpose Across South AfricaMedia Update•Dec 01, 2025•Kellanova, Riverbed
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