InsightFinder team outing to NYC in summer 2022
DURHAM, NC (PRWEB)
September 13, 2022
Today, InsightFinder announced that it has raised $10M in Series A funding led by Silicon Valley Future Capital with participation from Yu Galaxy, Acadia Woods Partners, Eight Roads Ventures, Eastlink Capital, Fellows Fund, IDEA Fund Partners, and Triangle Tweener Fund.
InsightFinder predicts and prevents outages in complex distributed IT architectures through the company’s unique patented technology for unsupervised stream learning and pattern-driven auto-remediation.
“We are excited about InsightFinder’s vision and advanced AI platform to transform the way IT operates from fixing to preventing production losses with the enthusiasm from their very demanding enterprise customers,” said Dr. Miao Hong, General Partner at Silicon Valley Future Capital.
“What’s unique about InsightFinder is that we help customers predict and prevent IT outages before they happen versus putting out IT fires after they start,” said InsightFinder founder and CEO Dr. Helen Gu, well-known pioneer in AI technology for automatic prediction and analysis of system anomaly with many patents, papers, and recognitions.
“Working with the NHL, Formula 1 and other major media brands, expectations are at an all-time high to deliver first-class content, connectivity and analytics without a hitch. InsightFinder helps Source Digital provide the most innovative media solutions and enables us to meet our service level targets thanks to their AI-powered incident prediction and prevention platform,” said Nick Steele, CTO of Source Digital.
Many IT professionals today are required to focus on fixing what is broken, with metrics such as mean time to repair (MTTR). First-generation AIOps tools offered some comfort by focusing on event correlation and alert reduction but struggled to scale cost-effectively and deliver measurable business value.
Using InsightFinder, a Fortune 50 technology company achieved predictions of the highest priority one and two (P1 and P2) incidents with advance notice between 2 and 12 hours along with actionable insights into associated root and culprit hosts, contributing to a 70 percent reduction in IT trouble tickets over an 8-month period.
InsightFinder recently introduced distributed federated learning, which provides deep insights related to edge computing across multiple locations and apps without incurring high data transmission costs. It provides a unique solution that not only predicts and prevents outages but also reduces IT operational costs.
InsightFinder supports AWS, Google Cloud Platform and Microsoft Azure clouds as well as on-premise and hybrid-cloud customer environments. InsightFinder aggregates and analyzes real-time streaming logs, metrics, traces and other disparate machine data from developer, security and operations (DevSecOps) and site reliability engineering (SRE) workflows. InsightFinder offers pre-built integrations with Datadog, Elastic, New Relic, PagerDuty, Prometheus, ServiceNow, and other popular IT operations management (ITOM) and IT service management (ITSM) tools.
InsightFinder will use the new funding to expand its team and enhance its industry-leading IT incident prediction and prevention technology in support of its growing customer base. As of September 1, 2022, the company has moved its HQ office to a new facility in Research Triangle Park (RTP) to accommodate a rapidly growing team.
About InsightFinder
DevSecOps, IT operations, and site reliability engineering (SRE) teams rely on InsightFinder to predict and prevent outages in complex distributed architectures. Powered by unique patented capabilities for incident prediction, unsupervised active machine learning, and pattern-driven auto-remediation, the InsightFinder platform continuously learns from machine data to identify and fix problems before they impact on web or application performance. Customers get value quickly, starting with a free trial of InsightFinder and the company’s pre-built integrations with Datadog, Elastic, New Relic, PagerDuty, Prometheus, ServiceNow and other popular tools for DevSecOps, IT operations management ( ITOM) and IT service management (ITSM). ). Learn more at insightfinder.com
InsightFinder.com | [email protected]
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