SHARE Cloud-based network management software firm Auvik Networks Inc. has raised $250 million in new funding to accelerate product development and global reach. The funding, announced today, came exclusively from Great Hill Partners, which have now taken a majority stake in the company. Founded in 2011 and based in Ontario, Canada, Auvik offers cloud-based network management software designed to keep information technology networks running optimally. The company’s software automates network management to increase efficiency and capacity. Auvik’s cloud-based software is pitched as simplifying network performance monitoring and troubleshooting including responding to network issues in real-time. Along with offering a deep dive into problems with Syslog, the software also includes remote access, intelligent insights into network traffic and complete documentation of a network picture as it evolves.