Auvik, a Waterloo, Ontario, Canada and Boston, MA-based provider of cloud-based network management software, secured a US$250m investment from Great Hill Partners.
The company intends to use the funds for product development, segment expansion, geographic reach, and other strategic growth initiatives.
Founded by Marc Morin, Alex Hoff, and David Yach, Auvik provides a cloud-based network management platform enabling visibility and automation IT professionals need to focus on the work.
Today, the company’s software helps IT teams manage more than four million devices on over 50,000 networks.
FinSMEs
Auvik Networks Secures $250 Million Growth Investment from Great Hill Partners marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.