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appnomic.com

Founded Year

2006

Stage

Series D | Alive

Total Raised

$33.7M

Last Raised

$22M | 2 yrs ago

About Appnomic Systems

Appnomic enables self-healing by making IT operations autonomous with predictive and preventive intelligence, an ability beyond the present-day AI-assisted APM and monitoring tools have.

Appnomic Systems Headquarter Location

19925 Stevens Creek Blvd

Cupertino, California, 95014,

United States

650-690-7475

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Research containing Appnomic Systems

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Appnomic Systems in 1 CB Insights research brief, most recently on Dec 20, 2019.

Expert Collections containing Appnomic Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Appnomic Systems is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

8,717 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Appnomic Systems Patents

Appnomic Systems has filed 10 patents.

The 3 most popular patent topics include:

  • Software testing
  • Cloud infrastructure
  • Cloud platforms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/18/2020

3/15/2022

Cloud infrastructure, Transaction processing, Data management, Cloud platforms, Software testing

Grant

Application Date

2/18/2020

Grant Date

3/15/2022

Title

Related Topics

Cloud infrastructure, Transaction processing, Data management, Cloud platforms, Software testing

Status

Grant

Latest Appnomic Systems News

Avataar Ventures Backs Appnomic With $22 Mn Funding

Dec 19, 2019

Please follow this instruction to subscribe: X Share story Share story The company has also appointed a new CEO and leadership team Appnomic’s AI-enabled self-healing technology reduces downtime and data loss Bengaluru and California-based self help enterprisetech startup Appnomic Systems, on Wednesday (December 18), announced that it has raised $22 Mn funding from Avataar Ventures. Additionally, as part of top management restructuring, the company appointed industry veterans — Nitin Kumar as the CEO; Cuneyt Buyukbezci as CMO and Girish Muckai as CRO. The company will be utilising the funds to expand its global presence and market reach to enable autonomous business operations across various digital enterprises. Founded in 2008, Appnomic was founded by Padmanabhan Desikachari in 2008 and the founder will be the chairman of the board after the restructuring. The company provides autonomous self-healing enterprise solutions to digital enterprises, where it helps businesses to mitigate risks, enhance customer experiences, reduce downtime and optimise cost and AI-enabled automation for IT operations. Typically, tech-enabled industry sectors lose $1.7 Tn a year globally because of downtime and information loss. Appnomic claims to be a game-changer in the industry with its self-healing technology, which mitigates risk automatically. Currently, the software solution offered by the company is deployed in 40-plus enterprise customers. It claims to have prevented more than 250K risks a year, which amounts to 850K plus savings in man-hours and $40 Mn in costs, apart from the impact on the customers’ brand and client relationships. Last year, Appnomic Systems was selected for the India FinTech Awards (IFTA) 20 Fintech Startups from the US, UK, Israel, Japan, Russia and India to showcase their product to one of the biggest fintech demo day events. At present, many startups are looking at ways to leverage in emerging technologies like AI, ML and blockchain to offer enterprise-driven products that to an extent automates the business process and operations. According to a study conducted by Accenture revealed that AI could contribute $957 Bn to the Indian economy by 15% in the next 15 years. Multiple investors and large corporates have shown their interest to partner with such tech-focused startups to stay ahead of the curve. The startups that have emerged in the enterprisetech landscape includes Whatfix , Fireflies , and ShepHertz among others. In October 2019, the Hyderabad and San Francisco-based startup raised $5 Mn in its first funding round led by Canaan Partners. In March 2019, Bengaluru and San Jose-based enterprisetech startup Whatfix raised $13.2 Mn in Series B funding led by Eight Roads Ventures, F Prime Capital and Cisco Investments alongside existing investors like Stellaris Venture Partners and Helion Venture Partners. Microsoft is offering solutions to the challenges faced by tech startups in India, leverage the tech giant’s network to build your solution and scale to newer markets. Know More

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Appnomic Systems Rank

  • When was Appnomic Systems founded?

    Appnomic Systems was founded in 2006.

  • Where is Appnomic Systems's headquarters?

    Appnomic Systems's headquarters is located at 19925 Stevens Creek Blvd, Cupertino.

  • What is Appnomic Systems's latest funding round?

    Appnomic Systems's latest funding round is Series D.

  • How much did Appnomic Systems raise?

    Appnomic Systems raised a total of $33.7M.

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