Appedo, a Sunnyvale, CA-based provider of intelligent application performance management (APM) and predictive software analytics, raised $1m in funding.
The backers were not disclosed.
The company intends to use the funds for further product development and expansion of its international presence.
Founded in 2014 by Neil Popli, Appedo provides a a software-as-a-service and private cloud real-time analytics platform that collects, stores and presents data directly from complex software and distributed systems to deliver insights about applications, customers and business performance.
The company has 25 employees in Silicon Valley and Chennai, India.