QualiSystems Ltd.
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QualiSystems Ltd. - overview
Established
2007
Location
Austin, TX, US
Primary Industry
IT Infrastructure
About
QualiSystems Ltd. is a technology firm specializing in AI-driven infrastructure management solutions, providing tools to streamline DevOps processes and optimize cloud environments for diverse industries. Founded in 2007 in Austin, US, QualiSystems Ltd. focuses on infrastructure management solutions, particularly through its flagship product, Torque.
The company has undergone strategic pivots to enhance its offerings but does not have any known subsidiaries or parent companies. The founders include Darci Palm, Rotem Ofir, and Ryan Wong, with Lior Koriat serving as the CEO. To date, Quali has secured a total of USD 54. 00 mn across various funding rounds, with the latest funding round being a Series D deal completed on January 19, 2021, involving investors such as Greenfield Partners and Jerusalem Venture Partners.
Quali's core offerings center around its flagship product, Torque, an AI-driven platform designed to optimize infrastructure management and DevOps processes. Torque automates the creation of infrastructure blueprints, allowing teams to deploy environments rapidly while providing real-time monitoring and automatic remediation of errors. Additionally, it facilitates cost optimization by identifying unused resources and automating the termination of idle assets, serving a global client base across technology, engineering, and infrastructure sectors. Quali operates on a subscription-based revenue model primarily through its Torque platform.
Clients engage in annual or multi-year contracts, utilizing Torque for infrastructure optimization, automated provisioning, and cost management. Its partnerships with cloud service providers enhance the platform's integration with existing infrastructures, promoting a streamlined user experience. The pricing plans cater to various organizational sizes and needs, emphasizing direct B2B engagements that enhance operational efficiency through increased dependency on Torque's capabilities. Looking ahead, Quali intends to leverage the recent Series D funding of USD 54.
00 mn raised in January 2021 to broaden its product offerings and expand into new markets. The funding will support the development of new features within Torque to enhance user experience and further automate infrastructure management processes. Additionally, Quali is targeting expansion into geographic markets across North America, Europe, and Asia-Pacific by the end of 2023, aiming to increase its market share and client base.
Current Investors
Evergreen Partners, Jerusalem Venture Partners, Gemini Israel Ventures
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Systems Management Software, Application Integration Software
Website
www.quali.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Series D
Total Amount Raised
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