Selector, the AIOps solution that gives the world’s largest companies complete visibility and intelligence into their highly complex networks, infrastructure, and applications, is announcing the close of its Series B funding round, having raised $33 million. Led by Ansa Capital with participation from Two Bear Capital, Atlantic Bridge, Sinewave Ventures, AT&T Ventures, Bell Ventures, Singtel Innov8, and Hyperlink Ventures, Selector’s latest capital infusion will accelerate the development of its AIOps, large language model (LLM), and digital twin technologies.
The industry-agnostic migration to cloud and the push for AI adoption has aggravated the state of data, increasing both its volume and complexity. Coupled with the number of tools to manage these environments also increasing, the threat of frequent, complex outages looms over enterprises.
In the event of an outage, the often manual, difficult-to-scale process of resuming coverage—where as much as 90% of repair time is spent sorting through vast volumes of data, according to Selector—leads to a significant, and highly detrimental, bottleneck.
Selector targets this area of inefficiency with a purpose-built AI and ML platform designed to dramatically ease the task of locating and identifying network issues. Enabling enterprises to engage directly with their full-stack data in natural language via its network language model, Selector alleviates the tedious—and costly—burdens of outage remediation.
“Selector is in a position to solve a very expensive problem for very large companies,” said Allan Jean-Baptiste, co-founder and general partner at Ansa Capital, and Selector board member. “The rise of cloud technology, distributed microservices, and the need for seamless 24/7 performance have significantly increased the demands on enterprise network teams. No other tools on the market can watch their entire corporate infrastructure. Selector, on the other hand, has proven that it can achieve 360-degree visibility across networks—and prescribe action instantly after an incident occurs. This creates a massive opportunity for them as networks rise in importance to enterprises around the world.”
With its latest investment, Selector will continue to enhance its product offerings in the end-to-end network and infrastructure visibility space, as well as expand its geographic footprint.
“Even the slightest performance degradation or downtime is unacceptable for mission-critical infrastructure and services. Solving this problem requires auto-correlating across enormous volumes of data. That’s why we exist,” said Kannan Kothandaraman, CEO of Selector. “We’ve spent the last five years demonstrating how autonomous AI technology and human network expertise can work together to ensure that the world’s most demanding networks are up, operating, and generating revenue at all times. We’re now ready to scale this work significantly.”
To learn more about Selector, please visit https://www.selector.ai/.