GPU giant Nvidia has quietly acquired AIops firm Augtera Networks.
First reported by Rethink Research, the California-based network monitoring company, was acquired by Nvidia in December 2024.
No official statement has been made and terms of the deal haven’t been shared.
Augtera is to become a part of Nvidia’s Spectrum-X networking product portfolio. Augtera’s website now redirects to Nvidia.
Augtera founder and CEO Rahul Aggarwal is now listed as a senior director of system software for AI at Nvidia on LinkedIn – a position he took up in December. Augtera co-founder Bhupesh Kothari is also now at Nvidia as director for system software for AI, after also joining in December.
Investment bank Bowen advises Augtera on the sale. Nvidia declined to comment further to Rethink.
DCD has contacted Nvidia for more information.
Founded in 2016, Augtera had previously secured around $18 million in seed and Series A funding, with backers including Bain Capital Ventures, Acrew Capital, Intel Capital, and Dell Capital. Its last funding round was in June 2021.
The company provided AI-based tools to automate network operations – its network monitoring technology provided anomaly detection, failure prevention, and real-time network visibility.
Rethink senior analyst Alex David said Augtera had contracts with the likes of Orange and Vyve Broadband. Colt Technologies was also reportedly a customer. Fintech firm MX Technologies previously selected Augtera to help monitor its data center network.
AIOps – aka artificial intelligence for IT Operations – aims to use AI to automate IT operations. By analyzing large volumes of data and applying machine learning, the technology aims to identify operation issues and resolve IT issues.
