AppDynamics Secures $120M in Growth Financing

appdynamicsAppDynamics, a San Francisco, CA-based provider of an application intelligence platform, secured $120m in growth financing.

The round was led by new investors Battery Ventures, ClearBridge Investments and Sands Capital with participation from existing investors Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners.
The $120m financing included $50m in debt financing provided by Silicon Valley Bank.

The company, which has now raised over $200m, intends to use the funds to expand its platform into the IT Operations and Business Analytics markets, and accelerate sales and marketing investments worldwide.

Led by Jyoti Bansal, founder and CEO, AppDynamics provides a cloud and on-premise Application Intelligence Platform that allows software-defined businesses to proactively monitor, manage and optimize the most complex software environments in real time and in production.
Customers include Citrix, Edmunds, Expedia, Fox News, John Deere, OpenTable,, Sephora, StubHub and Union Pacific Railroad.

The company has more than 450 employees in offices in London, Australia, Singapore, Tokyo, and India.




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