Rendition Networks
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $20.0m | Series B | |
N/A | $6.0m | Series C | |
$40.0m Valuation: $40.0m | Acquisition | ||
Total Funding | €23.6m |
Recent News about Rendition Networks
EditRendition Networks specializes in IT automation software designed to streamline and optimize data center operations. Serving over 350 of the largest global companies, service providers, and government agencies, Rendition Networks operates in the enterprise software market. The company’s core offerings include automated network change and configuration management, compliance reporting, server provisioning, patching, and incident resolution. By automating these critical IT functions, Rendition Networks helps clients reduce operational costs, improve service quality, and ensure compliance with industry standards. The business model is primarily subscription-based, generating revenue through software licenses and ongoing support services. Rendition Networks has achieved significant growth, with a revenue increase of over 60 percent in the last three years, and is recognized as a leader in the IT automation space. The company fosters a collaborative and innovative work environment, attracting motivated individuals who are eager to make a difference.
Keywords: IT automation, data center, network management, compliance, server provisioning, incident resolution, enterprise software, operational efficiency, service quality, cost reduction.