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Cloud-based network management software firm Auvik raises $250M

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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. ....

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Auvik Networks Secures $250 Million Growth Investment from Great Hill Partners

Auvik Networks Secures $250 Million Growth Investment from Great Hill Partners
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IPO market reopens 'with a vengeance' as 15-plus Canadian companies look to go public, including Q4, Coveo

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Canadian tech IPO frenzy continues as Vendasta, Thinkific and Magnet Forensics all file to go public

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Remote Browser Market to Witness Stunning Growth | WEBGAP, Authentic8, Auvik Networks

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