Secures $12.4 Million in Series B Funding to Boost AI Capabilities and Expand Network Monitoring Features, an AI-powered IT hardware management startup, has successfully secured $12.4 million in a Series B funding round. The funding was led by Addition and March Capital, with participation from Matrix Partners India. The company plans to utilize this investment to further develop its artificial intelligence capabilities and expand its range of network monitoring features. Founded in 2020, offers a unified platform designed to streamline and simplify IT management processes and workflows for Managed Service Providers (MSPs).

Rapid Advancement in AI-Powered IT Management has rapidly gained recognition for its innovative approach to IT management. By harnessing the power of artificial intelligence, the startup aims to address the complex and evolving needs of MSPs. The recent injection of $12.4 million in funding reflects strong investor confidence in the company's potential to revolutionize the IT management landscape.

Enhancing AI Capabilities

A significant portion of the freshly acquired funds will be channeled into enhancing's artificial intelligence capabilities. The company recognizes that AI is at the forefront of modern IT management. By investing in AI, aims to offer cutting-edge solutions that not only streamline operations but also provide intelligent insights and predictive analytics. This will enable MSPs to proactively identify and mitigate issues, ultimately improving their service quality and efficiency.

Network Monitoring Expansion

In addition to bolstering its AI capabilities, has also made a strategic move by introducing network monitoring features as part of its unified platform. This new addition caters to the growing demands of MSPs who require comprehensive insights into the performance and security of their networks. With network monitoring integrated into the platform, MSPs can have a centralized view of their entire IT infrastructure, enabling them to respond promptly to any anomalies, thus minimizing downtime and potential security risks.

A Unified Solution for MSPs, founded in 2020, has consistently aimed to simplify the often intricate IT management processes for MSPs. By offering a unified platform, the startup provides a one-stop solution that integrates various IT management tasks. This reduces complexity, improves operational efficiency, and enhances the overall service quality for MSPs, resulting in increased customer satisfaction.

Investor Confidence and Partnerships

The successful Series B funding round, led by prominent investors like Addition and March Capital, underscores the confidence that the investment community has in's potential. This financial backing will allow the company to accelerate its product development and expand its market reach.

the participation of Matrix Partners India adds further credibility to the startup's capabilities and vision. With this strong network of investors and partners, is well-positioned to execute its growth plans effectively.'s recent funding achievement and the introduction of network monitoring capabilities mark a significant milestone in the company's journey. With a clear commitment to advancing AI-powered IT management, the startup is poised to empower MSPs with innovative tools and features that will elevate their service delivery. As continues to evolve, it will likely play a pivotal role in reshaping the IT management landscape, offering streamlined and intelligent solutions to meet the ever-changing demands of the industry.



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