Augtera Emerges From Stealth With $13M Series A Led By Intel Capital; Launches Network Ai Platform For Proactive Management And Resolution In Multi-Cloud Networks

Augtera Networks, the industry-first Network AI platform purpose built for modern enterprise multi-cloud networks, launched today with $13M in a Series A round led by Intel Capital, with participation from Dell Technologies Capital, and return investors Bain Capital Ventures and Acrew Capital. Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times. This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.