Auvik

Waterloo, Canada Founded: 2011 • Age: 15 yrs Acquired By Great Hill Partners
Cloud-based solutions for network monitoring and management are provided.
Annual revenue - Latest available
Total funding $33.4M 3 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Auvik

Auvik is a company based in Waterloo (Canada) founded in 2011 by Mark Morin and Alex Hoff was acquired by Great Hill Partners in July 2021. Auvik has raised $33.4 million across 3 funding rounds from investors including BDC, OpenView and Rho. Auvik has completed 5 acquisitions, including Boardgent, MetaGeek and Saaslio. Auvik offers products and services including Network Management, Server Monitoring, Endpoint Monitoring, and SaaS Management. Auvik operates in a competitive market with competitors including SolarWinds, Infinera, NetScout, Gigamon and Blue Planet, among others.

  • Headquarter Waterloo, Canada
  • Founders Mark Morin, Alex Hoff
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Auvik Networks Inc.
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $33.4 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15.65 M (USD), Series C

    May 15, 2018

  • Investors
    BDC

    & 4 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Boardgent

    & 4 more

  • Acquired by
    Great Hill Partners

    (Jul 15, 2021)

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Products & Services of Auvik

Auvik offers a comprehensive portfolio of products and services, including Network Management, Server Monitoring, Endpoint Monitoring, and SaaS Management.

Product name locked
Category locked
Primary

Software for real-time network discovery and visualization.

Product name locked
Category locked
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Platform for end-to-end visibility and quick issue resolution.

Product name locked
Category locked
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Tools to track and maintain user endpoint performance remotely.

Product name locked
Category locked
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System to discover and optimize software as a service usage.

People of Auvik

Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Douglas Murray
CEO
People
Alex Hoff
Co-Founder & Chief Strategy Officer
People
Bob Feller
Chief Financial Officer
People
John Astorino
COO

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Funding Insights of Auvik

Auvik has successfully raised a total of $33.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $15.65 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Auvik

Auvik has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, OpenView and Rho.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
US expansion-stage companies are invested in by OpenView.
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Rho is engaged in investing in innovative companies since 1981.
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Provider of a venture capital firm that focuses on investing in early-stage technology startups
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Investor details for Auvik

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  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Auvik

Auvik has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Boardgent, MetaGeek and Saaslio.

Investments
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Investment portfolio details for Auvik

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud based platform offering application performance monitoring solutions
Locked Locked 2020 Locked
Cloud-based IT equipment management and network scanning solutions are provided.
Locked Locked 2017 Locked
Network monitoring platform for enterprises is offered by Talaia.
Locked Locked 2013 Locked
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Complete acquisition details for Auvik

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Auvik

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Detailed financials for Auvik

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Auvik Comparisons

Auvik Primary company
Description
Cloud-based solutions for network monitoring and management ...
Location
Waterloo, Canada
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Auvik

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Competitors of Auvik

Auvik operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SolarWinds, Infinera, NetScout, Gigamon and Blue Planet, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based monitoring and tracing of hybrid application performance are provided.
Locked Locked Locked
Cloud-based optical network automation and transmission solutions are provided.
Locked Locked Locked
Cloud-based visual tools for network performance management are provided.
Locked Locked Locked
Cloud-based software for enterprise network management is provided.
Locked Locked Locked
Cloud-based network orchestration and management software is provided.
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Detailed competitors of Auvik

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Latest news on Auvik

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Complete news archive for Auvik

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Auvik

Auvik was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Auvik is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

Douglas Murray is the current CEO of Auvik.

Auvik is a funded company, having raised a total of $33.4M across 3 funding rounds to date.

Auvik was founded in 2011 in Waterloo, Canada, within the IT sector. Cloud-based tools for network discovery, operation tracking, configuration analysis, and improvement recommendations aligned with industry standards are offered. Operations encompass topology mapping, performance monitoring, troubleshooting, remote management, and system integrations. Notifications, alerts, statistics, and actionable insights are generated via service monitoring. Issue resolution is enabled through data debugging, configuration review, and evidence gathering.

Auvik's top competitors include SolarWinds, Blue Planet and Gigamon.

Auvik offers Network Management, Server Monitoring, Endpoint Monitoring, and SaaS Management.

Auvik has made 5 acquisitions, including Boardgent, MetaGeek, and Saaslio.

Auvik has 5 investors. Key investors include BDC, OpenView, Rho, Celtic House Venture Partners, and Great Hill Partners.

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