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HEAL Software Inc. Officially Launches to the Global Market With Next-Generation Product, New U.S. Headquarters, Expanded Leadership Team and Venture-BackingHEAL Software Inc., the leader in the IT operations preventive healing space, today announced its launch to the global market with its HEAL brand of products and establishment of U.S. headquarters in Santa Clara, Calif. "HEAL" is the umbrella brand for its enterprise product portfolio for cloud, edge and on-premise deployments of its proven monitoring and artificial intelligence for IT operations (AIOps) software - the first of its kind to effectively preempt outages by acting before they occur. The award-winning and headline-grabbing brand will continue to enable digital enterprises to transform while further advancing the paradigm shift from break-and-fix to predict-and-prevent. HEAL is the first artificial intelligence (AI) software that enables IT operations teams to find and fix problems before they happen. Rather than responding to alerts after an incident occurs, HEAL uses machine learning (ML) models and AI algorithms to perform correlations between cross-platform events and provide both highly accurate capacity projections as well as pinpoint previously imperceptible early warning signals indicating the likelihood of a future problem. The heavily patented techniques enable IT operations teams to respond proactively and even automatically correct issues before they arise without human intervention. Plus, by correlating events and providing a complete picture of the root of the issues versus just the symptoms, enterprises see fewer incidents overall and waste less time troubleshooting. HEAL Software's new leadership team brings deep industry knowledge and will help further advance its penetration into North American and global markets.
This exciting new technology category has motivated Avataar Venture Partners to invest $24M in HEAL Software Inc. "HEAL offers the industry's first autonomous IT operations software and Avataar is excited about this investment and new leadership team," said Mohan Kumar, managing partner at Avataar Venture Partners and a board member. "These funds will enable the expansion of its global presence and extend its market reach to enable greater adoption of autonomous business operations, which will save companies a tremendous amount of time and money." About HEAL Software Inc.: HEAL Software Inc. is the innovator of the game-changing preventive healing software for enterprises, recently named among the 30 Fabulous Companies of the year 2020 by The Silicon Review. Launched to the U.S. market in October 2020, HEAL Software Inc. aims to help digital enterprises across a broad range of industries including banking, financial services and insurance (BFSI), telecom, e-commerce, technology, travel, hospitality and healthcare become more efficient and profitable by reducing repair and response times. HEAL Software Inc. has headquarters in Santa Clara, Calif. in the U.S., as well as an R&D presence in Bangalore, India and is financially backed by Avataar Ventures. To learn more, visit healsoftware.ai and follow HEAL Software Inc. on LinkedIn, Facebook and Twitter. Editor's Note: Product demos, interviews and contributed content are available. Please email [email protected] with press inquiries.
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