InsightFinder Inc., an intelligent AIOps platform provider, has announced that it has closed USD 2 million in pre-series A financing, the company said.
The funding was led by Idea Fund Partners and included participation from existing venture investors Eight Roads Ventures and Acadia Woods Partners. The company plans to use the investment to take its product offering to general availability, as it was previously in limited availability for qualified customers.
Optimizing the availability and performance of IT systems is increasingly difficult and complex due to the acceleration of digital transformation occurring in many enterprises. InsightFinder enables IT leaders to tackle this challenge by identifying potential system and application issues before they are able to impact production services, resulting in maximum system uptime and performance.
Powered by a patented unsupervised neural network, InsightFinder performs real-time anomaly detection across multiple data sources, including logs, metrics, and traces, and predicts future incidents, enabling IT leaders to take steps to prevent these issues from surfacing. The platform also accurately diagnoses the root cause of each system issue, and initiates automated self-healing responses to minimize the impact of service outages.
InsightFinder provides innovative unsupervised machine learning technology to predict potential incidents and prevent service outages. With full-Stack visibility across an entire IT system, InsightFinder allows IT leaders to pinpoint root causes, predict incidents, and prevent costly outages. The platform also accurately diagnoses the root cause of each system issue, and provides automated self-healing capabilities to minimize the impact of service outages. InsightFinder´s AIOps platform can be delivered as a cloud service or as on-premise deployment.
IDEA Fund Partners is an early stage venture capital firm focused on working with great entrepreneurs to build disruptive and scalable technology companies. IDEA Fund Partners has a long track record of success and is one of the most active early stage investors in the entire Southeast US IDEA Fund Partners is currently investing out of its third fund.