AppDynamics Secures $11,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ecf2ae3-e8d0-42a9-91a0-126d5b3097f0&Preview=1
Date
5/3/2010
Company Name
AppDynamics
Mailing Address
274 Brannan St. San Francisco, CA 94107
Company Description
AppDynamics is the next-generation Application Performance Management (APM) company that delivers rapid problem resolution for highly distributed applications through easy-to-use transaction flow monitoring and deep diagnostics.
Website
http://Www.appdynamics.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Series B
Proceeds Purposes
The round is co-led by existing Series A investors Lightspeed Venture Partners and Greylock Partners, and will support the company’s continued expansion as it takes advantage of market demand for next-generation application performance management (APM).
M&A Terms
Venture Investor
Greylock Partners
Venture Investor
Lightspeed Venture Partners