Kentik Raises $23.5 Million For Network Intelligence Platform

Kentik Raises $23.5 Million For Network Intelligence Platform

by NeoTech Post

Kentik, a network intelligence platform for digital enterprises and service providers, announced $23.5 million in growth funding led by Vistara Capital Partners. 

Existing investors August Capital, Third Point Ventures, DCVC, and Tahoma Ventures also participated in the round, which combines equity and growth debt. 

Including the latest round, Kentik has raised $61.7 million to date.

The Kentik Network Intelligence Platform ingests diverse data streams from the internet, edge, cloud, data center, and hybrid infrastructures and provides real-time visualizations and AIOps-powered insights and automation.

“Over the past few months, many of our customers have experienced a 200% to 500% increase in traffic growth on their networks. With recent traffic growth, we now have real-time visibility into over 1 trillion traffic measurements per day across billions of users, and see every network connected to the internet, and every cloud and SaaS provider,” said Avi Freedman, co-founder and CEO of Kentik. “The Kentik platform was built to scale and provide real-time network intelligence, even in unprecedented times, to close visibility gaps and enable businesses to remain always-on.”

“With a tremendous customer base, an essential platform, a roadmap that includes new products, and solid investor backing, Kentik is well-positioned for growth,” added Freedman.

The company’s clients include IBM, Zoom, Dropbox, eBay, Cisco, and GoDaddy.

Image by Gerd Altmann from Pixabay