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Most companies aren’t big enough to have in-house IT departments to manage the services it needs to conduct business. And even if the company is big enough, managing all of those working parts can be a huge hassle.

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This is why many businesses turn to managed service providers (MSPs) to provide and manage services like helpdesk and support, VOIP, cybersecurity, data storage, and backups. But it turns out that even service providers rely on service providers, and for those that deal with networking infrastructure, remote monitoring and management (RMM) of hardware assets and information flows can be a challenge.

is a RMM service provider that lets its customers鈥攎ostly consisting of managed service providers鈥攁nalyze, automate, and control their clients’ switches, routers, firewalls, and other network infrastructure.

Today, the Waterloo, Ontario-based company announced its CA$20 million Series C round. The round is led by existing investor , which also last August. Auvik Networks was OpenView’s first Canadian investment. Its latest round also saw participation from prior Canadian investors聽 and . Including this round, the company has raised close to $33.5 million USD to date, according to Crunchbase data.

In a statement, OpenView partner Ricky Pelletier cited “increased network reliance and complexity” as a driving force behind market adoption of Auvik Networks and other MMR providers.

Among other features, Auvik’s cloud-based software creates exportable visualizations of network topologies, analyzes device and software configurations, integrates professional service automation (PSA) tools, and facilitates password and user identity management functions.

Auvik Networks co-founder and CEO 聽said in a statement that “[this] Series C financing is a huge vote of confidence from our investment partners.” He said that the new funding “will enable [Auvik Networks] to further accelerate [its] efforts and support an ever-growing number of MSP partners.”

As an aside, Morin is a聽聽and successful founder. In 1996, Morin co-founded PixStream with , and four years later, the company was later . In 2001, with the addition of other co-founders, Morin and Siim started broadband network provider , which in November 2006. Sandvine was taken private in in 2017.

Auvik Networks’s other co-founders include , who serves as the company’s VP of sales and product, and , who serves as the company’s CTO. Prior to starting Auvik Networks, Hoff was a senior product manager at Sandvine, and Yach served as Blackberry’s CTO for software and Sybase’s chief architect.

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