AppDynamics, over $ 80 million to play its part in performance monitoring

by bold-lichterman

The amount

AppDynamics, an American company specializing in application monitoring, raised $ 83.4 million as part of a funding round whose objective is to reach $ 150 million, report TechCrunch. The names of the investors are not known, however.

In 2014, the company had raised $ 120 million, including $ 50 million in capital, for an estimated valuation of more than $ 1 billion.

The concept

Founded in 2008, AppDynamics develops a platform for real-time monitoring and analysis of applications and software environments. The objective is to help improve their performance or the user experience. The company also offers a solution for analyzing end users to better understand their behavior.

The company has clients in the financial, healthcare, distribution, media and insurance sectors. We find in particular DirecTV, Nike, or Sephora and Yahoo !.

The market

With such a positioning, the company must count on competition from many players, including that of the American CA Technologies, a company based in New York, or New Relic and IBM and Dell.

CEO: David Wadhwani

Creation: 2008

The head office : San Francisco (United States)

Market : application performance analysis

Competitors: CA Technologies, New Relic, IBM, Dell