Sentry Raises $60M in Series D Funding; at $1 Billion Valuation


Sentry, a San Francisco, CA-based application monitoring company, raised $60m in Series D funding. 

The round, which brought total funding to $127m with a post-funding valuation of $1 billion, was led by Accel, with participation from existing investor New Enterprise Associates (NEA) and new investor, BOND.

The company intends to use the funds to enable product innovation in its core Application Monitoring platform, expand Performance Monitoring capabilities across all platforms, and accelerate go-to-market functions and hiring across the company’s San Francisco, Toronto, and Vienna offices.

Led by Milin Desai, CEO, Sentry provides performance monitoring solutions which allow developers to discover, triage, and prioritize code errors and performance bottlenecks in real time in order to deliver the best possible end-user experiences complementing their systems monitoring tools.

More than 68,000 organizations worldwide and many of the world’s best software companies across digitally focused industries, such as tech, gaming and streaming media, financial services, commerce and healthcare, use it to diagnose, fix, and optimize the performance of their code. Sentry’s customer base includes many global brands, such as Disney, Peloton, Cloudflare, Eventbrite, Slack, Supercell, and Rockstar Games.

Moving forward, the company will continue to scale its performance monitoring solutions across native, mobile and web-based platforms to encompass more languages and frameworks while expanding on the value provided by its full suite of application monitoring solutions for all developers.