Augtera Networks, a startup developing Network AI platform purpose built for modern enterprise multi-cloud networks, last week announced that it raised $13 million in series A funding led by Intel Capital.
Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times.
This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.
Augtera applies AI-driven anomaly detection techniques purpose-built for the network to automatically identify problems before they reach the boiling point, enabling operators to avoid network incidents by proactively detecting problems, grey failures and unknown unknowns. Augtera’s AI-driven resolution provides so much context and cross-layer correlation that operators are notified of the root cause and can resolve issues that escape detection much faster. Augtera does this across the application and network layers allowing modern enterprises to break silos, reveal if the network is the cause of application issues, and get insights needed to tune the network for application performance.
Nick Washburn of Intel Capital
Augtera’s Network AI Platform is effectively the proverbial ‘easy button’ for managing networks in a proactive and automated way. Co-founders Rahul and Bhupesh have leveraged their deep domain experience to build a product that is automatically identifying and correlating grey failure and other challenging networking problems that have plagued large enterprises and service providers.
Rahul Aggarwal, founder and CEO at Augtera
Dynamic pattern recognition is how a new intelligence takes shape. By ingesting and analyzing every bit of data from every source, we uncover patterns at scale. This leads to entirely new data and insights and creates a new network intelligence that is the foundation of our platform.
