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Software startup Appnomic has raised $22 million in funding led by Avataar Ventures

R Sinduja

News Editor
Image Credit: shortpedia

Software startup Appnomic, that makes autonomous IT operations software to predict and prevent IT failures, has raised $22 million in funding led by Avataar Ventures. The company has appointed Nitin Kumar as CEO. With the new funds, the US and India-based Appnomic will expand its global presence and market reach. The software recognizes signals that are indicators of a future incident and enables customers to prevent them.