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
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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 company on Monday, puts AppDynamics' total financing at US$315 million since its founding in 2008. The San Francisco-based company's valuation nudged up to US$1.9 billion from US$1.1 billion in July 2014, according to a source close to the deal.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
