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Auvik Networks
Network monitoring and management software for managed service providers
About Auvik Networks
Auvik Networks Inc., accessible via auvik.com, is a cloud-based network management software company that focuses on providing comprehensive network visibility and control. The company operates in the Information Technology (IT) sector, specifically targeting network administrators and IT professionals across various industries, including education and finance.
Auvik's primary offering is its network management and monitoring software, which is designed to be user-friendly and quick to deploy. The software provides out-of-the-box solutions for network monitoring, automatic discovery, and inventory management. It also includes features such as custom alerts, automated network tasks, and backup and restore configurations to ensure compliance and security. These capabilities help organizations maintain essential services and adapt to changing workforce demands, such as remote work, which became particularly relevant during the COVID-19 pandemic.
The company serves a diverse client base, including educational institutions like the Kingman Unified School District and financial institutions that require secure and reliable network management solutions. Auvik's software helps these clients achieve network visibility, ensuring that critical services remain consistently available and secure.
Auvik operates on a Software-as-a-Service (SaaS) business model. This means that clients subscribe to the software on a recurring basis, typically monthly or annually. The company generates revenue through these subscription fees, which provide clients with continuous access to the software and its updates.
In summary, Auvik Networks Inc. offers a robust, cloud-based network management solution that simplifies network monitoring and management for IT professionals. Its user-friendly interface, quick deployment, and comprehensive features make it a valuable tool for organizations looking to maintain secure and efficient networks.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2011
- Headquarters
- Waterloo, Canada
- Employees
- 354
- Open positions
- 13
- Dealroom signal
- 72.3/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Navigation, Network Management, SaaS, Messaging, Monitoring, Mapping, Back Office, Automated Process, Chat, Network, Automated Technology
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 3 companies, latest Oct 2022
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| BUYOUT✓Exit | Jul 2021 | $250M | — | Great Hill Partners | — |
| SERIES C✓Equity / VC | May 2018 | $15M | $60M | Celtic House Venture Partners · Rho Canada Ventures · OpenView Venture Partners | ↗ |
Growth signals
Latest recorded traffic for Auvik Networks is 230K monthly website visits, up 9.5% over the last three months. Auvik Networks's team grew 4.4% over the past year.
Open positions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
BDC Capital
Celtic House Venture Partners
Rho Canada
OpenView Venture Partners
Series B and later2 investors entered at this stage
Rho Canada Ventures
Great Hill Partners
Other known investors2 additional known investors
Business Development Bank of Canada
Marc Morin
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Auvik Networks on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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