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Fixstream Networks Inc has raised $10.0M across 1 funding round.
Key people at Fixstream Networks Inc.
Fixstream Networks Inc has raised $10.0M in total across 1 funding round.
Fixstream Networks Inc is a San Jose, California-based company that provides an artificial intelligence-driven IT operations platform for datacenter and cloud management. The software utilizes machine learning to correlate application instances, storage, and network services, enabling enterprises to visualize infrastructure, predict system issues, and automate root cause analysis across hybrid environments. Prior to its acquisitions, the enterprise software provider scaled its operations to support 72 employees while generating approximately $9.5 million in revenue and securing $10 million in total funding. The platform has been utilized by major corporate customers including Cisco Systems, CenturyLink, and DirecTV. Tech Mahindra initially acquired a majority stake in the business in 2014, and the company was subsequently acquired by IT automation firm Resolve Systems in 2019. Fixstream Networks Inc was founded in 2013 by Abhinay Padhye and Sameer Padhye.
Key people at Fixstream Networks Inc.
FixStream Networks Inc. (FixStream) builds an AI platform for IT Operations (AIOps) that enables proactive management, planning, and troubleshooting of business-critical processes in hybrid IT environments, including datacenters and clouds.[1][2][3] It serves enterprises and service providers by correlating application instances, storage, flows, paths, and network services, while visualizing and analyzing physical and logical infrastructure to enhance efficiency, resiliency, and business continuity.[1][2][3][4] The company raised $10M in funding before being acquired, with estimated revenue of $5M-$10M and 51-100 employees at its peak.[1][2]
Founded in 2013 in San Jose, California, FixStream emerged to address the complexities of managing hybrid IT infrastructures amid growing datacenter and cloud adoption.[1][2][3] Headquartered initially at 2001 Gateway Place and later at 2680 N 1st St Ste 250, the company developed a platform for IT automation and AIOps, gaining early traction through investments from Resolve and Tech Mahindra, culminating in its acquisition by Tech Mahindra.[1][3] Key milestones include partnerships like the 2019 collaboration with T4S Partners to boost operational performance for enterprises.[3]
FixStream rides the AIOps trend, automating IT operations amid exploding hybrid cloud complexity and post-COVID demands for resilient infrastructure.[1][3] Its timing aligned with the shift to AI-powered ops for faster issue resolution, as highlighted in 2024 market reports on AIOps growth through 2031.[1] Market forces like rising datacenter demands and service provider needs favor its solutions, influencing the ecosystem via Tech Mahindra's integration, which amplifies enterprise adoption of AI for IT management.[1][3]
Post-acquisition by Tech Mahindra, FixStream's platform will likely integrate deeper into global IT services, scaling AIOps for enterprise clients amid surging AI infrastructure needs.[1][3] Trends like sustainable growth in AIOps markets (projected to 2031) and hybrid cloud expansion will propel its evolution, potentially expanding automation features.[1] Its influence may grow through Tech Mahindra's network, solidifying AIOps as essential for proactive IT in an increasingly automated tech landscape—echoing its founding mission to tame hybrid IT chaos.[1][4]
Fixstream Networks Inc has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in June 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 5, 2014 | $10M Series A | Tech Mahindra | — | Announced |
Fixstream Networks Inc has raised $10.0M in total across 1 funding round.
Fixstream Networks Inc's investors include Tech Mahindra.
