HeadSpin, a Palo Alto, CA-based mobile performance platform provider, raised $20m in Series B financing.
The round included new investors Iconiq, Battery Ventures, EQT Ventures, Kearny Jackson, Adam D’Angelo, Ross Mason, and Ryan Hoover, which joined existing investors GV, Telstra Ventures, DanHua Capital, Nexus Ventures Partners, NextWorld Capital, and others.
Co-founded by Manish Lachwani and Brien Colwell, HeadSpin provides a mobile performance platform, which gives app developers and other members of the mobile ecosystem full server to client visibility and the ability to experience their mobile app or website the way their users around the world do. The platform allows enterprises to manage the scale of their mobile infrastructure to address complexities of multiple user environments, device fragmentation, network characteristics, and more.
The system leverages a device cloud, or a global network of 22,000 SIM-enabled devices in 150 global locations, enables customers to conduct real-world mobile testing and monitoring, and provides detailed performance insights into every part of the mobile ecosystem — devices, operating systems, apps, servers, CDNs and network. It also includes an AI engine which identifies high priority issues.
In three years, HeadSpin acquired dozens of major mobile app provider customers including Tinder and DocuSign; device OEMs including Dell; operating system teams; telco carriers including Telstra, and CDN firms such as Akamai.