Zurich-based NetFabric, an innovative spin-off from ETH Zurich, has successfully closed a €2 million pre-seed funding round led by Founderful and Playfair Capital. This funding marks a significant step forward in NetFabric’s mission to revolutionize network observability and monitoring, aiming to address the persistent issue of network downtime in a $197 billion industry.
Network downtime is a critical issue for enterprises globally, leading to substantial financial losses and operational disruptions. For instance, Amazon experienced a staggering $34 million revenue loss from just one hour of downtime in 2021. These interruptions not only affect revenue but also demand extensive troubleshooting from skilled engineers and jeopardize customer trust.
Current network monitoring tools fall short, providing only basic insights and often generating false positives due to fragmented data sources. This inefficiency necessitates extensive manual intervention to identify and resolve issues, leading to prolonged downtime and operational inefficiencies.
NetFabric is set to disrupt the network monitoring industry with its advanced observability platform. Unlike traditional solutions, NetFabric integrates data from various network sources—such as routing information, forwarding tables, device configurations, and logs—into a unified knowledge base. This comprehensive approach provides accurate, actionable insights, significantly reducing false positives and enabling precise problem resolution.
“Our mission is to empower enterprises with a comprehensive understanding of their networks,” said Benjamin Bichsel, Co-founder and CEO of NetFabric. “By eliminating the guesswork in network troubleshooting, we enable businesses to redirect engineering resources towards innovation and growth.”
NetFabric’s dual approach ensures a detailed view of complex networks, integrating all relevant data sources to provide precise alerts and actionable intelligence. This method optimizes resource allocation, minimizes downtime risks, and maintains operational continuity.
NetFabric’s team comprises experts with deep expertise in network monitoring and artificial intelligence. Co-founders Dr. Tobias Bühler and Prof. Laurent Vanbever bring over a decade of research experience in analyzing computer networks. Their efforts are complemented by Dr. Benjamin Bichsel and Prof. Martin Vechev, renowned for their contributions to AI and programming paradigms. Marlene Brakhane and Boris Paskalev add extensive business acumen and entrepreneurial success to the team.
With the new funding, NetFabric plans to accelerate the development of its observability platform to meet the evolving needs of the industry. The company is also expanding its team, seeking candidates for key roles, and inviting potential design partners to collaborate.
By addressing the limitations of current monitoring tools and offering a comprehensive solution, NetFabric is poised to transform how enterprises manage network performance and downtime. This innovation not only enhances operational efficiency but also supports the broader industry trend towards more robust, intelligent network management solutions.
NetFabric’s recent funding success highlights its potential to significantly impact the network monitoring industry. By providing a more effective solution to the persistent issue of network downtime, NetFabric is setting new standards in network observability and operational efficiency.
