Seattle startup Esper laid off staff for the second time in seven months, reducing 21% of its workforce within the newest spherical of layoffs.
The cuts are a part of a “firm restructuring,” in response to a press release shared with Startup.
“Regardless of robust buyer and income development in 2022, we felt it essential to optimize the effectivity of the corporate’s working prices, given the unpredictable enterprise atmosphere in 2023,” the corporate stated in its assertion.
Esper laid off 12% of its employees in June.
The startup operates a DevOps platform for patrons that handle fleets of company-owned Android units.
Esper has round 260 staff, in response to LinkedIn, and employed 150 individuals when it raised a $60 million Sequence C spherical in October 2021.
Layoffs proceed to hit the tech business amid an unsure financial atmosphere. Amazon confirmed this month that it’s slashing 18,000 company and tech staff; Salesforce is reducing 10% of its workforce, impacting Seattle-based Tableau; whereas Seattle startups equivalent to Rad Energy Bikes, OfferUp, Flyhomes, and others have additionally lowered headcount.
Based in 2018 by Microsoft vets Yadhu Gopalan and Shiv Sundar, Esper helps firms with growth, deployment, and upkeep of units used throughout industries equivalent to healthcare, schooling, retail, eating places, and extra. The thought is to beef up conventional cellular machine administration (MDM) software program with fashionable DevOps capabilities.
Perception Companions led Esper’s Sequence C spherical, which got here shortly after the corporate raised a $30 million Sequence B spherical in Could 2021. Different backers embrace Scale Ventures, Madrona Enterprise Group, and Root Ventures. Complete funding so far is $100 million.