AppDynamics Raises $20M in Series C Financing

AppDynamics, a San Francisco, CA-based provider of application performance management (APM) solutions for mission-critical web applications, has secured $20m in Series C financing.

The round was led by new investor Kleiner Perkins Caufield & Byers (KPCB), with participation from founding investors Greylock Partners and Lightspeed Venture Partners.

The company intends to use the funding to continue to expand its engineering and sales teams ( to enable both product enhancements and new customer acquisition.

Led by Founder and CEO Jyoti Bansal, AppDynamics provides software-as-a-service (SaaS) and on-premise application performance management for modern application architectures in both the cloud and the data center. The company delivers solutions for highly distributed and agile environments, helping companies monitor, troubleshoot, diagnose, and scale their production applications.
Among the others, clients include Netflix, Priceline, TiVo, ZipRealty, Taleo, and Swisscom while over 60,000 people have downloaded AppDynamics Lite, the company’s free Java troubleshooting solution.



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