Instana, a San Francisco, CA-based monitoring solution to fully automate all aspects of application performance monitoring (APM), raised $30m in Series C funding.
The round, which brought $57m in total funding, was led by Meritech Capital with participation from existing investor Accel.
The company intends to use the funds to fulfill increasing demand for its solution across global markets and expand its product line.
Led by Mirko Novakovic, founder and CEO, Instana provides an automated monitoring solution for containerized microservice applications to customers including large enterprise brands across multiple industry verticals such as Audi, ClearScore, Sixt Rent a car, Edmunds.com, Yahoo Japan, Macmillan Learning and Franklin American Mortgage.
Instana has made several major product updates in the past few months including automatic Kubernetes infrastructure monitoring (an industry first), an APM plug-in for Grafana and a personalization of the APM experience with its new Application Perspectives Capabilities, which ease DevOps teams’ ability to monitor their specific microservice within the application.
FinSMEs
26/09/2018