How Much Did Kentik Raise? Funding & Key Investors

Kentik has successfully raised funding over five rounds, with the latest being a Series C round led by Third Point Ventures. The company is backed by a total of 17 investors, including notable names like August Capital and Delta-v Capital.

Keep reading to explore the intricacies of Kentik's fundraising journey and the investors backing this innovative network intelligence platform.

What Is Kentik?

Kentik is a network intelligence platform designed for modern infrastructure teams. The company operates in industries such as cloud data services, information technology, network security, and software. Kentik provides solutions that help organizations manage and optimize their network performance and security.

Founded in San Francisco, California, Kentik has grown to employ between 101-250 people. The company offers a range of products including AI Advisor, Deep Traffic Insight, and Network Monitoring, serving a diverse set of industries and some of the largest enterprise AI companies globally.

How Much Funding Has Kentik Raised?

1. Seed Round
   • Amount Raised: USD 3,100,000
   • Date: September 2014
   • Lead Investors: First Round Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop the initial product and build the core team.
2. Series A
   • Amount Raised: USD 12,100,000
   • Date: June 2015
   • Lead Investors: August Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale the product and expand market reach.
3. Series B
   • Amount Raised: USD 23,000,000
   • Date: August 2016
   • Lead Investors: Third Point Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To enhance product features and increase customer acquisition.
4. Series Unknown
   • Amount Raised: USD 23,500,000
   • Date: May 2020
   • Lead Investors: Vistara Growth
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support business continuity and growth during the pandemic.
5. Series C
   • Amount Raised: USD 40,000,000
   • Date: October 2021
   • Lead Investors: Third Point Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand operations, business reach, and accelerate platform investments.

Total Amount Raised: USD 101,700,000. Current Valuation: Not publicly disclosed.

Key Investors

• Third Point Ventures
  • Details: Third Point Ventures is a venture capital firm that led Kentik's Series C funding round. They focus on investing in technology and healthcare sectors.
  • Investment Focus Areas: Technology, healthcare, innovation-driven companies.
  • Notable Investments: SentinelOne, Upstart.
• Vistara Growth
  • Details: Vistara Growth provides growth capital to technology companies. They participated in Kentik's Series Unknown funding round.
  • Investment Focus Areas: Technology, software, growth-stage companies.
  • Notable Investments: Clio, Thinkific.
• August Capital
  • Details: August Capital is a venture capital firm that invests in early-stage technology companies. They participated in Kentik's Series A funding round.
  • Investment Focus Areas: Early-stage technology companies.
  • Notable Investments: Splunk, Seagate.
• First Round Capital
  • Details: First Round Capital is a seed-stage venture capital firm. They led Kentik's Seed funding round.
  • Investment Focus Areas: Seed-stage technology companies.
  • Notable Investments: Not publicly disclosed.
• DCVC
  • Details: DCVC specializes in deep tech and data-driven science and engineering companies. They participated in Kentik's Series C funding round.
  • Investment Focus Areas: Deep tech, data-driven companies, science and engineering.
  • Notable Investments: Planet Labs, Zymergen.

What's Next for Kentik?

Kentik is poised to capitalize on the growing need for network observability, driven by the rise of digital business and the API economy. The company plans to expand its operations, extend its business reach, and accelerate investments in its platform. With a total of $102 million raised, including a recent $40 million Series C round, Kentik is well-positioned to seize these opportunities.

Future fundraising rounds are likely as Kentik continues to grow and innovate. However, the company will face challenges such as competition in the network observability space and the need to continuously innovate to keep up with rapid technological changes. Despite these hurdles, Kentik's strong financial backing and strategic partnerships suggest a promising path forward.

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