Idea Device raises USD 4 mn in funding from Sequoia Capital

BANGALORE, INDIA: Idea Device, a data center automation platform company, has raised a round of Series A funding from Sequoia Capital in India.

Idea Device provides automation solutions to help enterprises reduce operational errors and manual processes in their datacenters, resulting in robust systems, decreased downtimes and improved IT compliance. Idea Device currently works with leading organizations in the IT and BFSI sector.

Saju Pillai, Co-Founder and CEO, Idea Device said, "We believe that ‘Computers should manage Computers'. Our flagship product Epsilon can model complex IT processes across all types of datacenter technologies, allowing Epsilon to be a ‘single pane of glass' solution for all the automation needs of the datacenter. We are delighted to partner with Sequoia Capital and gain from their global experience."

Shailendra Singh, managing director, Sequoia Capital India Advisors:"We are very impressed with the team and the cross-platform, agent-less technology built by Idea Device. Their client success at such an early stage is a terrific validation of both the market need and their technical prowess."

Idea Device is exploring opportunities for global expansion by making inroads into the Singapore and US markets through partnerships and associations. The company is aggressively recruiting world class engineering and UI talent for expanding its product suite.