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Augtera Emerges From Stealth With $13M Series A Led By Intel Capital; Launches Network Ai Platform For Proactive Management And Resolution In Multi-Cloud Networks

Augtera Emerges From Stealth With $13M Series A Led By Intel Capital; Launches Network Ai Platform For Proactive Management And Resolution In Multi-Cloud Networks

06/29/21, 1:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Money raised
$13 million
Round Type
series a
Augtera Networks, the industry-first Network AI platform purpose built for modern enterprise multi-cloud networks, launched today with $13M in a Series A round led by Intel Capital, with participation from Dell Technologies Capital, and return investors Bain Capital Ventures and Acrew Capital. Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times. This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.

Company Info

Company
Augtera Networks
Location
palo alto, california, united states
Additional Info
Augtera Networks’ industry-first network AI platform is designed for proactive visibility and resolution in multi-cloud networks. Founded by Rahul Aggarwal and Bhupesh Kothari, Augtera’s investors include Intel Capital, Bain Capital Ventures, Dell Technologies Capital and Acrew Capital. Augtera’s Network AI Platform is deployed in large scale production networks of Fortune 500 and global enterprises enabling them to proactively prevent network incidents and dramatically reduce resolution times. To learn more visit http://www.augtera.com.