Auvik Networks Secures $6M in First-Time VC Funding

Kitchener, Ontario-based Auvik Networks Inc., an enterprise networking start-up, has obtained its first round of venture capital financing, totaling $6 million, from Canadian firms Celtic House Venture Partners, Rho Canada Ventures and BDC Venture Capital IT Fund. The company founders, which include serial entrepreneur Marc Morin, the founder of previously venture-backed PixStream and Sandvine, also contributed to the round. Auvik will use the new funds to accelerate development and commercialization of its cloud-managed network automation platform.

15 May 2013•4 mins read
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