Atera Networks Ltd., an Israeli startup facilitating work from home through its remote monitoring and management tools, is raising yet more money in a new $77 million funding round.

Today’s Series B funding comes less than six months after the company picked up $25 million in its Series A round. General Atlantic led the Series B round with participation from K1 Investment Management, which led the Series A.

Atera sells an all-in-one cloud platform that merges remote monitoring, management and automation capabilities with a help desk and reporting tools. It’s designed for IT professionals charged with taking care of large fleets of remote workers, as well as managed service providers that need to ensure their products run smoothly at all times.

Using Atera’s platform, they can shift from being “reactive risk takers to proactive problem solvers,” the company claims in its pitch.

Atera’s main benefit in this day and age is it helps companies move beyond managing a simple office environment to a much more complex web of possibly hundreds of remote workers. Indeed, Atera says it’s uniquely positioned to support and sustain a “dispersed workforce.” Its RMM platform analyzes more than 40,000 data points per second, generating proactive and predictive insights that help support teams to identify and remedy all kinds of problems within an organization, often before they cause business stoppage.

No doubt that explains the sudden interest in Atera’s platform since the COVID-19 pandemic emerged last year. With remote work suddenly becoming the norm for millions of people around the world, the company was clearly in the right place with the right product at the right time. In the last year it has grown its total worldwide user base to more than 7,000 customers in 90 countries.

Atera founder and Chief Executive Gil Pekelman told SiliconANGLE he believes remote work is here to stay an it means enterprises and managed service providers need a consolidated tool that enables them to maintain business continuity and quality of service.

“With this shift, businesses are now more reliant on technology and software tools than ever before,” Pekelman said. “Atera provides MSPs with data-driven capabilities to proactively identify and mitigate issues, automate functions, and integrate with numerous third-party applications to streamline these functions and decrease downtime.”

Atera participates in a very crowded RMM space though, with competing platforms from the likes of NinjaRMM LLC, SolarWinds Inc., Auvik Networks Inc. and Kaseya Ltd., to name just a few, all fighting for market share. Pekelman acknowledged the space is very competitive, but pointed to some advantages that he believes set Atera’s platform apart from the rest. The main one, Pekelman said, is that Atera is an entirely cloud-based platform that also includes AI-based automation capabilities to handle many tasks. In addition, Atera’s platform was designed specifically for remote workers.

“This remote-first mindset is part of Atera’s DNA, which is how we’ve helped keep our customers stay ahead of the curve as the market transitioned over the last year,” the CEO said.

Other advantages of Atera include its ease of use, as the platform is especially easy for enterprises to set up, he added. He also cited Atera’s disruptive pricing model that’s based on per-user licensing, rather than the number of end points in an organization, as many rival platforms do.

“Atera has developed a compelling all-in-one platform that provides immense value for its customer base,” said Alex Crisses, managing director, global head of new investment sourcing and co-head of emerging growth at General Atlantic.

Looking ahead, Pekelman told SiliconANGLE the company would use today’s funding to improve its platform with more compelling features and support further global expansion. “We are investing even more into our research, development, and innovation efforts to enhance and accelerate the product offerings and features our customers need most,” he said.

Photo: Atera