Companies in IT Operations
There are 6,861 companies in IT Operations which include ServiceNow, PagerDuty, VMware, Datadog, Splunk. 1,802 companies in IT Operations are funded, with 1,309 having secured Series A funding. Till date, the sector has seen the creation of 40 Unicorns. United States has the most number of companies in IT Operations (2,776), followed by India
(513), and then United Kingdom (512).
2026 has seen the creation of 4 IT Operations companies. On average, the last 10 years have seen 244 new companies launched every year. Most number of IT Operations startups have been founded by alumni from Stanford University, Tel Aviv University and Massachusetts Institute of Technology.
Here is a List of top companies in IT Operations
1. 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: 86/100 What is this?
- Competitors Rank: 1 of 93 Competitors

2. 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: Wellington, T. Rowe Price and 19 Others
- Latest Funding Round: Series D, Sep 06, 2018, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 92 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, Dell and 31 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 1,266 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 19 Others
- Latest Funding Round: Post IPO, May 2020, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 687 Competitors

5. 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, JK&B Capital and 19 Others
- Latest Funding Round: Post IPO, Oct 17, 2022, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 314 Competitors
