Companies in IT Operations
There are 8,823 companies in IT Operations which include PagerDuty, ServiceNow, VMware, Datadog, Veeam. 1,892 companies in IT Operations are funded, with 1,348 having secured Series A funding. Till date, the sector has seen the creation of 45 Unicorns. United States has the most number of companies in IT Operations (3,243), followed by India
(628), and then United Kingdom (586).
2026 has seen the creation of 280 IT Operations companies. On average, the last 10 years have seen 321 new companies launched every year. Most number of IT Operations startups have been founded by alumni from Stanford University, IIT Delhi and Massachusetts Institute of Technology.
Here is a List of top companies in IT Operations

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 20 Others
- Latest Funding Round: Series D, Sep 06, 2018, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 149 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 10 Others
- Latest Funding Round: Grant (prize money), Oct 01, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 169 Competitors

3. 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, Intel and 33 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 2 of 1,605 Competitors
4. Datadog
Provider of integrated platform for monitoring, security, and observability services. The platform offers end-to-end visibility into infrastructure, applications, and data. It facilitates threat detection, prioritization, and response. The platform also optimizes digital experiences and accelerates software delivery.
Key facts about Datadog
- Founded Year: 2010
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $147M
- Investors: Index Ventures, OpenView and 22 Others
- Latest Funding Round: Post IPO, May 2020, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 855 Competitors

5. Veeam
Provider of data resilience and cyber security solutions for enterprises. The company offers self-managed data protection software for hybrid and multi-cloud environments. It provides solutions for ransomware recovery, hybrid cloud, and data protection. The company delivers services such as cyber extortion response and cyber secure programs.
Key facts about Veeam
- Founded Year: 2006
- Location: Seattle (United States)
- Stage: Acquired
- Total Funding till date: $1.04B
- Investors: Insight Partners, Vertica Capital Partners and 6 Others
- Latest Funding Round: Series C, Feb 25, 2025, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 1,257 Competitors
