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A note from the undertakers: As you explore these grounds, be advised that this site is meant to be used as a resource but it is not as a source of aboslute fact, but the curation of data from different resources. Additionally, companies are very complex and their undertaking is usually the result of interrelated long term factors that are nearly impossible to deduce. With that said, this is the best account of the information available.

Optier

OpTier

OpTier was a cloud-based platform that creates contextual big data to accelerate business growth and analyze business transactions. OpTier was closed then acquired by SAP.

  Analytics
  2005 – 2014
  New York, NY
  Founded by JMotti Tal, Amir Alon
  Raised $103.1 million in 8 rounds
  Backed by 8 investors

Reasons for Failure

The market changed, increasing the speed of implementation and ease of use faster than OpTier could keep up with

User expectations changed, there was a shift to mobile first they weren’t ready for

Competitors

Sources:  A Fond Farewell To OpTier