Instana raises $30M for its application performance monitoring service

Instana, an application performance monitoring (APM) service with a focus on modern containerized services, today announced that it has raised a $30 million Series C funding round. The round was led by Meritech Capital, with participation from existing investor Accel. This brings Instana’s total funding to $57 million. The company, which counts the likes of […] Continue reading Instana raises $30M for its application performance monitoring service

Pendo closes $25M Series C from Meritech to scale its customer understanding platform

 Just seven months after announcing a $20 million Series B, Pendo, a platform to help businesses better understand their customers, has closed a new $25 million Series C led by Meritech Capital Partners. The North Carolina-based startup has been growing at a rapid clip — ballooning to 106 employees across offices in San Francisco, New York and Raleigh. Read More Continue reading Pendo closes $25M Series C from Meritech to scale its customer understanding platform

Looker catches the fancy of CapitalG, Goldman and Geodesic with $81.5M Series D

 Business intelligence platform Looker is announcing a wholesome $81.5 million Series D today led by CapitalG, Alphabet’s cleverly named growth investment arm. Goldman Sachs and Geodesic Capital helped fill out the round, joining existing investors, KPCB, Meritech Capital Partners, Redpoint and Sapphire Ventures.
Rather than compete in segmented markets against visualization and data… Read More Continue reading Looker catches the fancy of CapitalG, Goldman and Geodesic with $81.5M Series D