Country for PR: United States
Contributor: PR Newswire New York
Wednesday, May 27 2020 - 23:14
AsiaNet
Kentik Raises $23.5 Million in Growth Funding
SAN FRANCISCO, May 27, 2020 /PRNewswire-AsiaNet/ --

With Network Traffic Surging and New Visibility Gaps, Kentik is "the Right 
Company at Exactly the Right Time" 

Kentik(R), provider of the leading network intelligence platform trusted by 
digital enterprises and service providers, today announced $23.5 million in 
growth funding led by Vistara Capital Partners. Existing investors August 
Capital, Third Point Ventures, DCVC, and Tahoma Ventures also participated in 
the round, which combines equity and growth debt. To date, Kentik has raised 
$61.7 million in total funding.

"Kentik is the right company at exactly the right time. The company already 
keeps industry-leading enterprises and the largest service providers across the 
globe operating with the fastest network intelligence and business insights to 
deliver the most optimal digital experiences," said Randy Garg, Founder and 
Managing Partner of Vistara Capital Partners. "Our investment in Kentik 
demonstrates our confidence in the company as a market leader and its 
positioning for the next phase of growth, bringing new products to even more 
markets."

Always-on networks are essential, now more than ever, and Kentik is the 
solution businesses trust to keep the digital world connected. Leading SaaS 
companies that fuel the new normals of remote work and increased internet 
presence depend on Kentik as the only solution to close the network visibility 
gap and unlock real-time network intelligence. Companies like IBM, Zoom, 
Dropbox, eBay, Cisco, and GoDaddy turn to the Kentik Network Intelligence 
Platform for instant analytics and insights across cloud and hybrid 
environments to make informed network and business decisions.

"At Dropbox, our customers depend on us to keep the global workforce connected, 
and we've built a robust infrastructure to ensure the reliability of our 
services and support," said Dzmitry Markovich, Senior Director of Engineering 
at Dropbox. "As a great partner with a strong roadmap, Kentik provides the 
real-time visibility, traffic management, and network intelligence we need to 
deliver a great experience for our customers."

"Over the past few months, many of our customers have experienced a 200% to 
500% increase in traffic growth on their networks. With recent traffic growth, 
we now have real-time visibility into over 1 trillion traffic measurements per 
day across billions of users, and see every network connected to the internet, 
and every cloud and SaaS provider," said Avi Freedman, co-founder and CEO of 
Kentik. "The Kentik platform was built to scale and provide real-time network 
intelligence, even in unprecedented times, to close visibility gaps and enable 
businesses to remain always-on."

"With a tremendous customer base, an essential platform, a roadmap that 
includes new products, and solid investor backing, Kentik is well-positioned 
for growth," added Freedman. 

To learn more about Kentik, visit kentik.com ( 
https://c212.net/c/link/?t=0&l=en&o=2813966-1&h=1570665655&u=https%3A%2F%2Fwww.kentik.com%2F&a=kentik.com 
) or request a demo ( 
https://c212.net/c/link/?t=0&l=en&o=2813966-1&h=2312935480&u=https%3A%2F%2Fwww.kentik.com%2Fgo%2Fget-demo%2F&a=request+a+demo 
).

ABOUT KENTIK
Kentik(R) is the network intelligence platform for the connected world, trusted 
by leading digital enterprises and service providers. With Kentik, businesses 
eliminate the visibility and intelligence gaps associated with running dynamic 
and complex networks, and achieve greater network performance, reliability and 
security. The Kentik Network Intelligence Platform ingests diverse data streams 
from the internet, edge, cloud, data center and hybrid infrastructures and 
provides real-time visualizations and AIOps-powered insights and automation. 
Learn more at kentik.com ( 
https://c212.net/c/link/?t=0&l=en&o=2813966-1&h=1570665655&u=https%3A%2F%2Fwww.kentik.com%2F&a=kentik.com 
).

ABOUT VISTARA CAPITAL PARTNERS
Headquartered in Vancouver BC, Vistara Capital Partners provides highly 
flexible technology growth debt and growth equity solutions for companies 
across North America. Founded, managed, and funded by seasoned technology 
finance and operating executives, "Vistara" (Sanskrit for "expansion") is 
focused on enabling the growth and expansion of its portfolio companies. 
Additional information is available at www.vistaracapital.com.

SOURCE: Kentik

CONTACT: Michelle Kincaid, Director of Communications for Kentik, Email: 
michelle@kentik.com, Mobile: +1 757-503-1123