Kentik, a San Francisco, CA-based network observability company, closed a $40 million in Series C funding.
The round was led by existing investor Third Point Ventures with participation from August Capital, Tahoma Ventures, DCVC, Engineering Capital, Vistara Growth, Golub Capital, Gaingels, and Delta-v Capital.
The company, which has raised $102m in total funding to date, intends to use the funds to continue to expand operations (with open positions in engineering, marketing, operations, product management, and sales), its business reach, and accelerate investments in the platform.
Company: Kentik, Inc.
Raised: $40.0M
Round: Series C
Funding Month: October 2021
Lead Investors: Third Point Ventures
Additional Investors: August Capital, Tahoma Ventures, DCVC, Engineering Capital, Vistara Growth, Golub Capital, Gaingels, and Delta-v Capital
Company Website: http://kentik.com/
Software Category: Network observability platform
About the Company: Led by Avi Freedman, Co-founder, and CEO, Kentik provides a network observability platform for the network front line, whether digital business, corporate IT, or service provider to plan, run and fix any network, relying on granularity, AI-driven insights and fast search. The system helps users make sense of network, cloud, host and container flow, internet routing, performance tests, and network metrics.
Source: https://www.finsmes.com/2021/10/kentik-raises-40m-in-series-c-funding.html