AppNeta Raises $6.2M

AppNeta, a Wellesley MA-based cloud-based provider of instant-value network performance management solutions, has raised $6.2m in new funding.

Investors include Bain Capital Ventures, Egan-Managed Capital, JMI Equity, and Business Development Bank of Canada.

The company intends to use the funds to accelerate technology development and service capabilities to expand its cloud-based network performance management service.

Launched today from the team and technology of Apparent Networks, Inc. and led by CEO Jim Melvin, AppNeta provides its PathView Cloud Network Performance Management solution, which is designed to meet the performance demands of today’s mainstream network-dependent applications including unified communications, cloud services and virtual service delivery.



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