Auvik - About the company
Auvik is an acquired company based in Waterloo (Canada), founded in 2011 by Marc Morin, Mark Morin and Alex Hoff. It operates as a Cloud based network monitoring and management solutions. Auvik has raised $33.4M in funding from investors like OpenView, BDC and Rho Canada Partners. The company has 352 active competitors, including 42 funded and 67 that have exited. Its top competitors include companies like Blue Planet, NetScout and Allot.
Company Details
Cloud based network monitoring and management solutions. It provides a solution to discover the network, tracks operation, analyses configuration, recommends progress based on industry practices, and assists. Features include network topology, network monitoring, troubleshooting, remote management, and integrations of the network. Network monitoring is delivered by service and performance monitoring and providing notifications, alerts, and statistics with actionable insights. Troubleshooting capabilities are achieved by data debugging, configuration analysis, management, and network evidence collection.
- Website
- auvik.com
Key Metrics
Founded Year
2011
Location
Waterloo, Canada
Stage
Acquired
Total Funding
$33.4M in 3 rounds
Latest Funding Round
Ranked
1st among 352 active competitors
Employee Count
344 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Great Hill Partners (Jul 15, 2021)
Auvik's acquisition details
Auvik got acquired by Great Hill Partners on Jul 15, 2021 at an acquisition amount of $*****.
Click here to take a look at Auvik's acquisition in detail
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Auvik's funding and investors
Auvik has raised a total funding of $33.4M over 3 rounds. Its first funding round was on May 14, 2013. Its latest funding round was a Series C round on May 15, 2018 for $*****. 3 investors participated in its latest round. Auvik has 7 institutional investors.
Here is the list of recent funding rounds of Auvik:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2018 | 7630766 | Series C | 7991308 | 6068540 | 2595301 | 7218434 |
Aug 10, 2017 | 2271476 | Series B | 3640418 | 9437914 | 1698589 | |
May 14, 2013 | 1117310 | Series A | 4994679 | 1198361 | 1571964 |
View details of Auvik's funding rounds and investors
Auvik's founders and board of directors
Founder? Claim ProfileHere are the details of Auvik's key team members:
- Marc Morin: Former Co-Founder & CEO of Auvik and founder of 1 other company. They are also an angel investor in 1 startup.
- Mark Morin: Co-Founder of Auvik and founder of 1 other company.
- Alex Hoff: Founder of Auvik.
- Douglas Murray: CEO of Auvik.
View details of Auvik's Founder profiles and Board Members
Auvik's employee count trend
Auvik has 344 employees as of May 26. Here is Auvik's employee count trend over the years:
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Auvik's Competitors and alternates
Top competitors of Auvik include Blue Planet, NetScout and Allot. Here is the list of Top 10 competitors of Auvik, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud based network monitoring and management solutions | $33.4M | 71/100 | ||
2nd | Blue Planet 2000, Hanover (United States), Acquired | Developer of cloud-native software for network automation and orchestration solutions | $97.6M | 67/100 | |
3rd | NetScout 1985, Westford (United States), Public | Provider of network performance, observability, cybersecurity, and DDoS solutions | $6M | 67/100 | |
4th | Cloud based platform offering network management software | - | 65/100 | ||
5th | Kentik 2014, San Francisco (United States), Series C | Platform offering network observability solutions | $118M | 64/100 | |
6th | Provider of AI driven solutions for wired and Wi-Fi network performance | $3.91M | 60/100 | ||
7th | Telescent 2008, Irvine (United States), Series B | Provider of automated solutions for physical network configurations in data centers, extending software-defined networking to the fiber layer | $28M | 60/100 | |
8th | Cloud based platform offering network management solutions | $10.1M | 60/100 | ||
9th | Gluware 2007, Sacramento (United States), Acquired | Multi domain network automation and orchestration solution | $70.5M | 59/100 | |
10th | AVIZ Networks 2018, San Jose (United States), Series A | Provider of IT network support services | $31M | 57/100 |
Looking for more details on Auvik's competitors? Click here to see the top ones
Auvik's Investments and acquisitions
Auvik has not made any investments yet. Auvik has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 12, 2022 | Acquisition | 2017 | ||
Oct 12, 2022 | Acquisition | 2020 | Indianapolis (United States) | |
Oct 10, 2018 | Acquisition | 2013 | Barcelona (Spain) |
See all acquisitions by Auvik
News related to Auvik
Media has covered Auvik for a total of 7 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Auvik Launches Aurora AI Agents to Speed Ticket Resolution and Prevent OutagesSiliconAngle•Apr 29, 2026•Auvik
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Auvik Integrates with ServiceNow to Automate Network and Device Inventory ManagementBusiness Wire•Dec 17, 2025•ServiceNow, Auvik
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Auvik Advances Intelligent Insights and Innovation in IT ManagementFinancial Post•Sep 04, 2025•Auvik
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Auvik’s New Innovations Transform IT Automation and Network Visibility for IT Teams and UsersBusiness Wire•Mar 20, 2025•Auvik
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Auvik introduces new features for SaaS management, network visibility and server monitoringSiliconAngle•Mar 20, 2025•Auvik
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Auvik expands IT automation and monitoring capabilities for teams and providersSDxCentral•Mar 20, 2025•Auvik
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