NetBox Labs has secured $35 million in Series B funding, building on its previous $20 million in Series A funding. This investment aims to further develop its open-source platform, which is widely adopted by numerous enterprises, including Fortune 500 companies. NetBox offers a range of products, including NetBox Discovery for automated device management and NetBox Assurance for maintaining infrastructure integrity. The focus is on fostering innovation and scaling its operations to meet increasing global demand while expanding its workforce across various departments.
NetBox claims that in just a short time, its core platform has become "the standard for how modern technology infrastructure is built, managed and automated" to accelerate innovation, streamline operations, unlock AI use cases, and guarantee adherence to critical performance and security standards.
There's a race to expand and modernise the complex infrastructure that keeps every aspect of today's digital world quick, resilient, secure and manageable," said Kris Beevers, co-founder and CEO of NetBox Labs.
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