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
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Auvik Networks Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.4 M (USD)
in 3 rounds
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Latest Funding Round
$15.65 M (USD), Series C
May 15, 2018
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Investors
BDC
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Boardgent
& 4 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for real-time network discovery and visualization.
Platform for end-to-end visibility and quick issue resolution.
Tools to track and maintain user endpoint performance remotely.
System to discover and optimize software as a service usage.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $15.6M
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First Round
First Round
(14 May 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series C - Auvik | Valuation | OpenView | |
| Aug, 2017 | Amount | Series B - Auvik | Valuation | OpenView | |
| May, 2013 | Amount | Series A - Auvik | Valuation | Rho Canada Partners , BDC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US expansion-stage companies are invested in by OpenView.
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Founded Year | Domain | Location | |
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Rho is engaged in investing in innovative companies since 1981.
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Founded Year | Domain | Location | |
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Provider of a venture capital firm that focuses on investing in early-stage technology startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Auvik
Auvik has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Boardgent, MetaGeek and Saaslio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud based platform offering application performance monitoring solutions
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2020 | ||||
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Cloud-based IT equipment management and network scanning solutions are provided.
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2017 | ||||
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Network monitoring platform for enterprises is offered by Talaia.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Auvik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Auvik Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based monitoring and tracing of hybrid application performance are provided.
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| domain | founded_year | HQ Location |
Cloud-based optical network automation and transmission solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based visual tools for network performance management are provided.
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| domain | founded_year | HQ Location |
Cloud-based software for enterprise network management is provided.
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| domain | founded_year | HQ Location |
Cloud-based network orchestration and management software is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Auvik
Frequently Asked Questions about Auvik
When was Auvik founded?
Auvik was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Auvik located?
Auvik is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Who is the current CEO of Auvik?
Douglas Murray is the current CEO of Auvik.
Is Auvik a funded company?
Auvik is a funded company, having raised a total of $33.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.93M, raised on May 14, 2013.
What does Auvik do?
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.
Who are the top competitors of Auvik?
Auvik's top competitors include SolarWinds, Blue Planet and Gigamon.
What products or services does Auvik offer?
Auvik offers Network Management, Server Monitoring, Endpoint Monitoring, and SaaS Management.
How many acquisitions has Auvik made?
Who are Auvik's investors?
Auvik has 5 investors. Key investors include BDC, OpenView, Rho, Celtic House Venture Partners, and Great Hill Partners.
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