AI platform for networks gets seed funding: Page 2 of 2

December 09, 2019 //By Rich Pell
Industry's first AI platform for networks gets funding
Computer networking platform startup Augtera Networks (Palo Alto, CA) has announced that it has raised $4 million in seed funding for what it says is the industry's first AI platform for networks.

Enrique Salem, partner at Bain Capital Ventures, which led the funding round, says, "Networks have become highly complicated, and management solutions to date have not kept up. Augtera has built a ground-breaking AI system with algorithms designed specifically for networks, and we are already witnessing the efficacy and commercial potential of its highly-differentiated product in a number of customer environments."

With this announcement Salem, who was also former CEO of Symantec, joins Augtera's board of directors. Also participating in the funding round was aCrew Capital.


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