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§ Private Profile · 801 2nd Ave Ste 350, Seattle, Washington 98104, US
Optio3 Inc is a company.
Key people at Optio3 Inc.
Optio3 Inc was founded in 2016 by Luis Salazar (Co-Founder & interim COO).
Optio3 provides an AI-based IoT platform functioning as an IoT Operating System for the digital enterprise. The company focuses on accelerating the convergence of Information Technology and Operational Technology by unlocking IoT data and integrating it into existing enterprise systems. Its cloud-native SaaS solutions deliver a consolidated, real-time view of portfolio-wide operational health, leveraging expertise in machine learning, AI, and distributed systems to create highly customized offerings.
The company was founded in 2016 by Sridhar Chandrashekar and Brian Hilgendorf. Both founders brought significant pedigree from their previous roles as executives at technology leaders such as Microsoft and ServiceNow, with Chandrashekar notably serving as VP IT Operations Management at ServiceNow. They identified a critical need for enterprises to overcome the complexity of heterogeneous operational infrastructures and the challenges of integrating burgeoning IoT, AI, and Big Data technologies.
Optio3 primarily serves large enterprises aiming to optimize their operational efficiency and drive digital transformation initiatives. The company’s vision centers on empowering these organizations to make intelligent operational decisions by delivering real-time, contextual, and actionable insights. This enables a future where integrated IT and OT systems foster greater agility and innovation across complex operational environments.
Optio3 Inc developed an AI-based IoT operating system for digital enterprises, focusing on operational intelligence, predictive maintenance, asset inventory, and energy management. The platform bridged IT and OT by unlocking IoT data from connected and non-connected assets, providing real-time insights, anomaly detection, and customizable workflows to prevent downtime and optimize performance for facilities managers, property owners, and enterprises.[1][2][4] It served sectors like building management and infrastructure, solving problems such as siloed data, reactive maintenance, and high energy costs through proactive monitoring and AI/ML-driven predictions, with early partnerships like McKinstry demonstrating traction during COVID-19.[3] Founded in 2016 in Seattle, the company raised $5.42M before its acquisition by CoreStack in September 2022, after which its technology integrated into CoreStack's multi-cloud governance offerings.[1]
Optio3 was founded in 2016 in Seattle, Washington, by experienced technologists with expertise in scalable cloud-native SaaS platforms capable of processing billions of transactions daily.[1][2] The core team emphasized values like obsession, teamwork, curiosity, and action-oriented accountability, fostering a data-driven culture in a growing startup environment headquartered in downtown Seattle.[2] The idea emerged from the need to accelerate IT-OT convergence by unlocking IoT data for enterprise use, starting with remote operations management for non-IT devices in facilities and infrastructure.[2][3] Early traction included partnerships like McKinstry's expansion in 2020 for remote energy management amid COVID-19 challenges, building momentum toward its $5.42M funding and eventual acquisition by CoreStack in 2022.[1][3]
Optio3 rode the IoT and edge AI wave in industrial digital transformation, addressing the explosion of connected devices in smart buildings, energy, and infrastructure amid rising demands for predictive analytics and sustainability.[1][2][4] Its timing aligned with multi-cloud complexity and post-COVID remote operations needs, as seen in partnerships enabling uninterrupted facility management.[3] Market forces like escalating energy costs, regulatory compliance for assets, and the push for IT-OT convergence favored its platform, which unlocked siloed OT data to fuel AI insights—positioning it ahead of competitors in remote IoT management.[3][5] Post-acquisition, Optio3's tech bolstered CoreStack's governance for $2B+ in customer cloud spend, influencing the ecosystem by enhancing scalability in DERs, renewables, and enterprise AI applications.[1]
Optio3's acquisition by CoreStack in 2022 marked a pivotal evolution, embedding its IoT OS into a growing multi-cloud leader with 100% renewal rates and global expansion.[1] Next steps likely involve deeper AI integrations for complex ecosystems like renewables and EVs, capitalizing on trends in sustainable energy management and zero-trust OT security.[1][4] As IoT data volumes surge with 5G and edge computing, its legacy tech could drive CoreStack's influence in digital twins and autonomous operations, potentially amplifying impact in the $2B+ cloud governance market while shaping predictive enterprise standards.[1] This trajectory ties back to Optio3's founding mission: transforming raw IoT data into actionable enterprise intelligence.
Optio3 Inc was founded in 2016 by Luis Salazar (Co-Founder & interim COO).
Key people at Optio3 Inc.