Czech network assurance company IP Fabric raises $25M in a Series B funding
US and Prague-based startup IP Fabric has announced the raise of $25 million in funding to accelerate the automation of complex enterprise network infrastructure discovery, modeling, and visualization. The investment was led by One Peak, with participation of Presto Ventures and Senovo.
- Founded in 2015 by Pavel Bykov, IP Fabric provides a network assurance platform that helps clients to automate network operations and prevent outages. IP Fabric discovers, verifies, visualizes, and documents large-scale networks holistically, reducing costs and resources while improving security and efficiency.
- Among its clients are such organizations as Air France, Major League Baseball, Red Hat, HCL Technologies, Avast, and Blackberry.
“We’ve seen how network outages can cause businesses and critical infrastructure to grind to a halt, but amidst rising complexity and the need to ensure control in the face of rising cyber threats while adhering to regulatory compliance, enterprises lack the means to assure operations for their entire network end-to-end. IP Fabric delivers the network assurance needed to operate without the exponential risk of network failure or outages, while enabling innovation through standardized access to network control data,”Pavel Bykov, CEO of IP Fabric commented.
- The leading investor in this round is One Peak, UK-based growth equity firm investing in technology companies in the scale-up phase. German early-stage VC Senovo and Prague-based investment firm Presto Ventures also participated in the fresh round.
- IP Fabric will use the funding to continue scaling its private network mapping solution.