Selector, a front, runner in AI, powered observability and network intelligence solutions, has announced a $32 million funding round that doubled its evaluation to $375 million. AVP spearheaded the latest round with other contributors being Ansa Capital, Two Bear Capital, Sinewave Ventures, Singtel Innov8, as well as other existing investors. The company will use the fresh funds to accelerate its AI innovations, broaden product development, launch global marketing strategies, and improve customer success initiatives.
The move comes as a major investor after the granting of eight main U. S. patents covering causal inference, large language model (LLM) training, AI, powered correlation, predictive maintenance, and network path intelligence. Selector’s solution takes the cross, correlation of data points horizontally across the stack to eliminate traditional observability silos and offer the enterprises a single, adaptable architecture that enables real root, cause analysis without locking the teams into rigid tooling ecosystems.
Selector’s momentum in 2025 highlights continued enterprise adoption and innovation. Key growth achievements include:
• A cumulative annual recurring revenue (ARR) surge to 230% of 2024 levels, marking four consecutive years of ARR doubling
• New ARR bookings reaching 370% of 2024 figures, driven by robust enterprise demand
• Expansion of its customer base with three new Fortune 20 accounts across manufacturing and healthcare, and approximately 80% of customers now within the Fortune 1000
• Continued global expansion via major cloud marketplaces and strategic regional partnerships
• Successful entry into the Japanese market with new enterprise engagements and collaborations.
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“Selector’s ability to deliver consistent strong growth while serving the world’s most complex Fortune 20 networks is a testament to the team’s execution and the mission-critical nature of the platform,” said Alex Scherbakovsky, general partner at AVP. “By providing one platform and one shared operational view, Selector helps enterprises understand and troubleshoot complex infrastructure challenges in real time. We are excited to partner with Selector to support the company’s international expansion and continued product innovation.”
“The increased adoption by Fortune 20 and Fortune 1000 organizations underscores the trust customers are placing in Selector,” added Kannan Kothandaraman, CEO of Selector. “Enterprises are moving away from fragmented monitoring tools toward platforms that deliver intelligence, context, and automation at scale, and our rapid customer expansion validates our efforts to help them navigate this transition and modernize their operations.”
In conjunction with the funding announcement, Selector also revealed plans to introduce its next-generation ChatOps capabilities, featuring more powerful Agentic ChatOps designed for multi-turn reasoning, iterative investigation, and richer operational context.