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§ Private Profile · Waterloo, ON, Canada
Cloud-based network management software provider offering automated network visibility and monitoring for MSPs and enterprise IT teams.
Auvik Networks is a Waterloo, Ontario-based software company that develops cloud-based network management and monitoring platforms for internal corporate IT departments and managed service providers. Operating on a B2B subscription model, the company's software automates troubleshooting and configuration backups, currently managing more than four million network devices across over 50,000 networks globally with a workforce of more than 250 employees. The enterprise has secured significant capital to scale its operations, highlighted by a $250 million majority growth investment led by Great Hill Partners, following earlier seed funding from Celtic House Venture Partners. Under the leadership of current CEO Douglas Murray, the firm recently expanded its product suite by acquiring Wi-Fi optimization provider MetaGeek and SaaS management platform Saaslio. Auvik Networks was founded in 2011 by Marc Morin, Alex Hoff, and David Yach.
Auvik Networks has raised $284.0M across 4 funding rounds.
Auvik Networks has raised $284.0M in total across 4 funding rounds.
Auvik Networks has raised $284.0M in total across 4 funding rounds.
Auvik Networks's investors include Celtic House Venture Partners, Openview Venture Partners, BDC Venture Capital, ICONIQ Capital, InterWest, Lead Edge Capital, Silverton Partners, Rho Ventures, BDC.
Auvik Networks is a technology company that builds cloud-based network management software, empowering IT teams and managed service providers (MSPs) to monitor, automate, and troubleshoot networks in real-time.[1][2][3] The platform serves MSPs managing multiple client sites and in-house IT departments handling diverse, distributed networks, solving problems like manual inventory tracking, downtime from undetected issues, configuration errors, and lack of visibility into traffic flows or device performance.[1][4][5] Key features include automated mapping, intelligent alerting (50+ pre-configured options), traffic analysis, configuration backups, and global multi-site dashboards, enabling faster mean time to resolution (MTTR), compliance-ready documentation, and scalability for hybrid/remote work environments.[1][2][5] With over 5,000 customers, Auvik manages 1.5 million+ network devices across 100,000+ networks and 10 million+ total devices, reflecting strong growth momentum fueled by expansions into server/endpoint monitoring and SaaS/WiFi management.[2][3]
Auvik Networks was founded in 2011 in Canada, emerging from the need for a simpler way to manage complex, changing networks amid the shift to cloud and remote work.[2] The idea stemmed from IT teams' frustrations with outdated tools lacking automation; early adopters were hooked by the automated network mapping but retained for broader effortless automation like inventory and alerting.[2] Key milestones include global expansion, adding SaaS and WiFi capabilities, launching server/endpoint monitoring in 2025, and surpassing 1.5 million network devices under management across 100,000+ networks.[2] Today, with 300+ employees across five countries, Auvik has evolved from a network-focused tool to a comprehensive IT management platform supporting 5,000+ customers and 10 million+ devices.[2]
Auvik stands out in network management through automation, real-time insights, and MSP-centric design:
These features deliver simplicity and scalability, earning high G2 ratings for efficiency in diverse, hybrid setups.[3]
Auvik rides the wave of hybrid/remote work and cloud-native IT, where networks span on-prem, SaaS, WiFi, endpoints, and security devices across global sites—trends accelerated post-pandemic.[2][6] Timing is ideal as distributed work demands 24/7 visibility without on-site presence; market forces like rising cyber threats, bandwidth strains from SaaS (managing 3M+ apps), and MSP growth favor automated tools that cut overhead and boost margins.[1][2][3] Auvik influences the ecosystem by enabling MSPs to scale services efficiently, reducing IT friction for enterprises, and setting standards for agentless, multi-tenant monitoring—now handling 10M+ devices amid IT complexity.[2][7]
Auvik is poised for continued acceleration, building on 2025 endpoint monitoring launches and vast scale to integrate AI-driven predictions, deeper SaaS/security orchestration, and zero-trust features.[2] Trends like edge computing, 5G proliferation, and AI-automated ops will amplify demand for its real-time, frictionless platform, potentially doubling device management amid MSP consolidation. Its influence may evolve from niche network tool to full IT observability leader, empowering global teams in an ever-hybrid world—cementing its role as the go-to for proactive, scalable network control.[1][2]
Auvik Networks has raised $284.0M across 4 funding rounds. Most recently, it raised $250.0M Other Equity in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 15, 2021 | $250M Venture Round | — | Celtic House Venture Partners | Announced |
| May 1, 2018 | $16M Series C | Openview Venture Partners | BDC Venture Capital, ICONIQ Capital, InterWest, Lead Edge Capital, Silverton Partners, Celtic House Venture Partners, RHO Ventures | Announced |
| Aug 1, 2017 | $12M Series B | Openview Venture Partners | BDC Venture Capital, ICONIQ Capital, InterWest, Lead Edge Capital, Silverton Partners, Celtic House Venture Partners, RHO Ventures | Announced |
| May 1, 2013 | $6M Series A | — | BDC Venture Capital, BDC, Celtic House Venture Partners, RHO Ventures | Announced |