INSUBCONTINENT EXCLUSIVE:
InsightFinder, a startup from North Carolina based on 15 years of academic research, wants to bring machine learning to system monitoring to
automatically identify and fix common issues
Today, the company announced a $2 million seed round.?IDEA Fund Partners, a VC out of Durham, N.C.,? led the round, with participation from
?Eight Roads Ventures? and Acadia Woods Partners
The company was founded by North Carolina State University professor Helen Gu, who spent 15 years researching this problem before launching
the startup in 2015.Gu also announced that she had brought on former Distil Networks co-founder and CEO Rami Essaid to be chief operating
Essaid, who sold his company earlier this year, says his new company focuses on taking a proactive approach to application and
wrong, but Essaid says that these products take a siloed look at one part of the company technology stack, whereas InsightFinder can act as
a layer on top of these solutions to help companies reduce alert noise, track a problem when there are multiple alerts flashing and
installed on-prem at its current set of customers, but the startup plans to create a SaaS version of the product in 2020 to make it
accessible to more customers.The company launched in 2015, and has been building out the product using a couple of National Science
Foundation grants before this investment
The startup intends to use this investment to begin to develop that in 2020.
