IP Fabric raises $25m in Series B funding led by One Peak to expand network assurance
The Series B round was led by One Peak to support the expansion of the company's network assurance platform.
≈ £19.8M at $1 = £0.7928 on 29 Jun 2023
IP Fabric provides automated network assurance platforms that help enterprises model, visualise and secure complex private networks.
IP Fabric has secured $25m in a Series B funding round led by One Peak, with participation from Senovo and Presto Ventures. The company intends to use the capital to support its mission of making network assurance ubiquitous across private networks.
Modern private networks powering critical utilities, aviation and financial systems have grown increasingly complex and difficult to manage. IP Fabric addresses this by offering an API first, vendor neutral platform that models and visualises network environments, helping operators troubleshoot faults and safely test automation initiatives.
The business has experienced rapid expansion, posting an annual growth rate of 160% over four years and securing a client base that includes Airbus, Air France and Major League Baseball.
From the founder
"We’ve seen how network outages can cause businesses and critical infrastructure to grind to a halt,"
Pavel Bykov
CEO at IP Fabric
Investor perspective
"Gartner has reported only 26% of network leaders maintain accurate network data, massively hindering the effectiveness of automation initiatives for 74% of enterprises."
Humbert de Liedekerke
Co-founder and Managing Partner, One Peak
