Unravel Data, a Menlo Park, CA-based Application Performance Management (APM) platform designed for Big Data, secured $15m in Series B financing.
The round – which brings total funding to $23m – was led by GGV Capital, with participation from Microsoft Ventures and Menlo Ventures. In conjunction with the funding, Glenn Solomon, Managing Partner at GGV Capital, will join Unravel’s Board of Directors.
The company intends to use the funds to increase sales and marketing staff and boost product development.
Led by Kunal Agarwal, CEO, Unravel Data provides enterprises with an Application Performance Management (APM) platform to optimize their Big Data deployments. The solution monitors and unifies system-level data and tracks, correlates, and interprets performance data across the full-stack in-order to optimize, troubleshoot, and analyze from a single dashboard.
Customers include healthcare providers such as Kaiser Permanente, some large financial institutions, and data-driven technology companies such as Autodesk, YP and Leidos.