Funding

LiveAction raises $36M

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What does LiveAction do?

LiveAction, is a leading enterprise IT network visibility software platform. It is an award winning application software for network aware performance management. It is designed for simplifying network management. The company was initially developed in 2007 for helping the US Department of Defence in its network operations. The company only commercialized in 2011 and currently is being used by many large companies globally and the top fortune 500 companies. This software platform features innovative visual display, deep router control, real time big data analytics and it switched for unparalleled network administration. The company accelerates troubleshooting with its QoS control, WAN functionality and application-aware developed via engineering partnerships with the CISCO Systems. This company’s software has been dubbed as the leader in bringing SDN- Software Defined Networking to the WAN.

How much LiveAction was funded?

LiveAction raised $36M in Series B on February 16, 2016 from Cisco Investments, Insight Venture Partners and AITV (Accelerate IT Ventures).

Previous funding

  • $500k on June 1, 2013 from Enerdigm Ventures
  • $5.35M in Series A on September 4, 2014 from AITV (Accelerate IT Ventures), Enerdigm Ventures and Cisco

What is next for LiveAction?

LiveAction plans to use the latest funding raised for expanding its operations worldwide and accelerating feature product development and for further establishing the company’s visibility software for the global 2000. As part of the funding, Michael Triplett, the Managing Director,  and Phillip Vorobeychik, the senior associate at Insight will join the company’s board of directors.

More about LiveAction

The company was founded in 2007 by John Smith. It has its headquarters in Santa Clara, CA. The company was initially developed as an aid to the U.S. Department of Defense in its network operations. Customers turn to this company for its unique interactive topology and end to end flow visualization which are unique capabilities in the industry.

 

 

 

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