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AppDynamics raises US$158m, showing appetite of late-stage investors

Firm's valuation nudges up to US$1.9b from US$1.1b in July 2014: source

San Franciso

APPDYNAMICS, a maker of software to manage and analyse applications, has raised US$158 million, evidence that some highly valued companies are still garnering investor support despite a pullback in late-stage venture capital.

The new funding round, announced by the...