NetOp.Cloud, a Tel Aviv, Israel-based cloud-based network operation management solution, announced the company’s public launch, following a successful $4.5 million seed funding.

The round was led by Springtide Ventures, together with OurCrowd, Venture Israel, and Labs02.

The funds from the recent seed round will be used to grow the R&D and sales teams.

Company: NetOp CLD Ltd. 

Raised: $4.5M

Round: Seed Round

Funding Month: April 2022

Lead Investors: Springtide Ventures, together with OurCrowd, Venture Israel, and Labs02

Additional Investors: 

Company Website: https://netop.cloud/

Software Category: Network Management Software

About the Company: NetOp.Cloud is the first company to deliver a cloud-native solution to the rising complexity of these business-critical networks. NetOp.Cloud’s SaaS network operation platform uses artificial intelligence (AI) to constantly monitor network health, simplify IT and network operations, and automate workflows so that networks can self-heal. NetOp.Cloud automatically locates the cause of slow or interrupted internet service and suggests actions or automatically reconfigures systems to resolve the problem. NetOp.Cloud provides an artificial intelligence (AI)-powered software-as-a-service (SaaS) solution that proactively keeps critical business networks healthy and secure, automating and optimizing network operations for enterprises and managed service providers (MSPs). The company was founded in 2019 and is headquartered in Tel Aviv.

Source: https://www.prweb.com/releases/2022/4/prweb18639211.htm