Canadian startup Auvik Networks declared on Tuesday, May 14th that it has successfully raised $6 million in its first round of funding. Auvik is based in Waterloo and has managed to seize this amount from BDC Venture Capital IT Fund, Rho Canada Ventures, Celtic House Venture Partners and from its own founders. The founders of this startup are David Yach, ex-CTO of BlackBerry, Alex Hoff, former product manager of Sandvine and last but not least Marc Morin, who has also founded PixStream and Sandvine. The list of founders clearly indicates that Auvik has got a serious team behind it that has raised this amount to “accelerate the development and initial commercialization of its cloud managed network automation platform,” according to the company.
On this occasion Auvik has issued a press release that bears the following details and a statement from the CEO of the startup as well:
“Auvik’s software brings a new level of simplicity and automation to what today is a complex and tedious function that can require a significant level of network expertise. The core technology is a proprietary compiler that constructs network configurations from abstract business requirements. This allows IT to approach networking very differently, focusing on supporting business goals rather than worrying about network configuration. The platform enables anyone in IT to easily configure, monitor and manage network devices and applications. SMB’s and smaller enterprises will benefit from best practices that are automatically implemented by the platform, resulting in a more reliable, secure and agile network, without the need to add in house expertise.
“We believe networks and related applications shouldn’t be complicated to configure, monitor and manage”, says co-founder CEO Marc Morin, “They should just work.” Auvik’s platform will not only address the networks and devices of today, but will allow companies to take full advantage of networks of the future. “Software Defined Networking (SDN) will usher in a renaissance for the networking world. We embrace this way of thinking, which shifts the focus from hardware to software, unlocking the latent capability in networking hardware and spurring new and innovative applications. Our cloud managed network automation platform brings many of the advantages of SDN to your existing network.””
With this funding Auvik will look to make networking even easier than before by using innovative technology. This will help businesses to configure and manage the complexity of networks and apps related to it. Apart from this Auvik will also be able to assist businesses in getting benefit from future networks as well.
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