AppDynamics, Inc., a San Francisco, CA-based Application Performance Management (APM) company, has raised $11m in its Series B round of financing.
The round is co-led by existing Series A investors Lightspeed Venture Partners and Greylock Partners.
AppDynamics’ Application Performance Management (APM) solution delivers problem resolution for highly distributed applications through easy-to-use transaction flow monitoring and deep diagnostics.
The funds will be used to support the company’s continued expansion as it takes advantage of market demand for innovative application performance management (APM).
To date, the company has received $16.5m in venture funding.