Thursday, May 16, 2013

Auvik, Started By A Sandvine Co-Founder And An Ex-BlackBerry CTO, Gets $6M To Take Enterprise Network Control To The Cloud

auvik logoAuvik Networks, a Canadian enterprise networking startup co-founded by repeat entrepreneur Marc Morin (co-founder of now-public Sandvine and of PixStream, sold to Cisco); David Yach, a former CTO of BlackBerry's software division; and ex-Sandvine product manager Alex Hoff, is today announcing that it's raised it first round of outside funding: $6 million from?Celtic House Venture Partners, Rho Canada Ventures, and BDC Venture Capital IT Fund, along with more contributions from Auvik's founders, who have been backing it internally it to date. Auvik?is part of a wider trend of companies working in software-defined networking, in its case developing a cloud-based platform for enterprises to manage IP networks built out of hardware from multiple vendors. Auvik has yet to release a commercial product: that will only come at the beginning of 2014, according to Morin, who is the company's CEO.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/pPfCPUxKIPU/

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