Cloud-based Network Management Software Auvik Networks Raises $250 Million
Summary
Auvik Networks Inc, a cloud-based network management software firm has raised $250 million in funding to accelerate product development and global reach. The funding was exclusively announced by Great Hill Partners that has taken a majority stake in the company. The CEO of the company stated that the key to the new funding is international growth, especially the Indian and Asian markets. A part of the funding will also be used to develop products that address all aspects of cloud-based and remote network infrastructure. Auvik has raised $283.3 million to date.
Funding
Amount
$250.0M
Total raised
Date
July 15, 2020
Announcement date
Investors
Auvik Networks
Lead investors
Company
http://www.auvik.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
Network Management Software
SaaS
IT Management Software
Linked Companies
Auvik Networks
$25M to $50M