Catchpoint, a NYC-based digital experience intelligence company, completed a $22.5m Series C funding round.
The round was led by new investor Sapphire Ventures with participation from existing investor Battery Ventures. In conjunction with the funding, Rajeev Dham of Sapphire Ventures will join Catchpoint’s board of directors.
The company intends to use the funds for expanded product development and global go-to-market strategies.
Led by CEO and co-founder Mehdi Daoudi, Catchpoint provides a SaaS based performance monitoring platform that delivers integrated synthetic and real user monitoring, comprehensive test types, real-time analytics, and a diverse node network to help users continuously preempt performance issues and optimize service delivery.
It is used by more than 380 customers in over 30 countries including Morningstar, GAIN Capital, L’Oreal Group, Comcast, Honeywell, TripAdvisor and LinkedIn.
The company employs 190 people in six global offices.