Follow The Money: 10 Recent Tech VC Investments To Watch In May


Auvik Networks

Headquarters: Waterloo, Ontario

CEO: Marc Morin
New Funding: $6 Million
Round: A
Backers: Celtic House Venture Partners, Rho Canada Ventures, BDC Venture Capital IT Fund

A Canada-based networking vendor that is developing a cloud-managed network automation platform has scored $6 million to help accelerate product development and marketing. The core technology involves a proprietary compiler that constructs network configurations from abstract business requirements in order to make the process more efficient and less tedious. The technology also includes monitoring and management capabilities.