Network Monitoring Vendor Auvik Networks Raises $15 Million

Network Monitoring Vendor Auvik Networks Raises $15 Million Image Credit: Auvik

Auvik Networks, a provider of network monitoring and management software for managed service providers, announced it has raised CAD$15 million in a Series B round of financing

Boston-based OpenView Venture Partners led the new round of investment, with participation from existing investors Celtic House Venture Partners and Rho Canada Ventures. In conjunction with the funding, Ricky Pelletier, Partner at OpenView, joined Auvik Networks’ board

Based in Canada, Auvik provides remote monitoring and management (RMM) focused on network infrastructure, such as switches, routers, firewalls, and Wi-Fi controllers. The funding will fuel product development, partner success initiatives, and expansion into new markets.

Its cloud-based software gives MSPs unprecedented insight into their client networks and automates complex and time-consuming tasks so they can scale their managed services efficiently and profitably.

Ricky Pelletier, Partner at OpenView
Auvik brings together an all-star team with exceptional technology built to give MSPs true visibility into their network infrastructure like never before. 

Marc Morin, CEO, Auvik 
We’re seeing rapid adoption of Auvik which tells us we’ve developed a product that managed service providers have been waiting for for a long time. It’s incredibly rewarding to hear stories from our channel partners about the value we’re bringing to their businesses. And we’re just getting started.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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