Auvik Networks Secures $15 Million
Software startup Auvik Networks announced it has secured $15 million in Series B financing. Three investors participated in the round: OpenView Venture Partners, Celtic House Venture Partners and Rho Canada Ventures.
Auvik provides remote monitoring and management (RMM) focused on network infrastructure, such as switches, routers, firewalls, and wi-fi controllers. Its cloud-based software provides unprecedented insight into client networks and automates complex and time-consuming tasks so managed service providers can scale their businesses efficiently and profitably. Auvik was named to the ChannelE2E 100 list in 2016, which identifies top disruptors and innovators in the IT channel.
According to the company, Auvik Networks intends to use the funds to accelerate product development, continue building partner initiatives, and expand into new markets.