OpSource On-Demand platform for delivering SaaS
OpSource has become known as the “software as a service (SaaS) delivery experts”. The company has zoomed to prominence and done everything right in terms of its approach to SaaS delivery (think FedEx delivers packages, OpSource delivers your SaaS applications).
With some serious VC backing (just closed an unsolicited “D” round for $15M led by Crosslink Capital, following closely on the heels of a September 2006 “C” round for $20M led by Intel Capital), OpSource has positioned itself as the leader in SaaS delivery.
The investment validates that OpSource has captured a wave in the industry and become the leader in the delivery of Web-based applications. In the summer of 2004, Treb saw SaaS as the future of software (when it was just a speck on the horizon for most in the software industry), and turned his company on a dime to enable software companies to deliver their SaaS applications. Through its OpSource On-Demand platform for delivering SaaS, OpSource has become involved not only in the future of Web-based software, but has also learned a great deal about how companies can leverage open source and Web 2.0 technologies to do so.
In the past two and a half years, OpSource has gone from 0 to 140 customers. Large enterprise software companies, such as BMC and Business Objects, and start-up Web 2.0 companies, such as Coghead and Ribbit, have chosen OpSource as their on-demand delivery partner.
OpSource currently supports hundreds of applications, millions of users and billions of transactions.
What’s different about OpSource? First, the company provides everything, from the operational infrastructure (hardware, software, networking) with a 100% uptime guarantee, all the way through to 24×7 call center support under the software company’s brand. But the icing on the cake is that OpSource delivers all this using on-demand pricing. That’s right - OpSource will match the unit-based pricing of the software company (if the software company charges per user, then that’s how OpSource charges the software company for delivery. Or, per transaction, per email, etc.). Thus, OpSource’s customers only pay for what they consume. Expenses only grow as revenues grow.
