Sep
26
2018
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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 Audi, Edmunds.com, Yahoo Japan and Franklin American Mortgage as its customers, considers itself an APM 3.0 player. It argues that its solution is far lighter than those of older players like New Relic and AppDynamics (which sold to Cisco hours before it was supposed to go public). Those solutions, the company says, weren’t built for modern software organizations (though I’m sure they would dispute that).

What really makes Instana stand out is its ability to automatically discover and monitor the ever-changing infrastructure that makes up a modern application, especially when it comes to running containerized microservices. The service automatically catalogs all of the endpoints that make up a service’s infrastructure, and then monitors them. It’s also worth noting that the company says that it can offer far more granular metrics that its competitors.

Instana says that its annual sales grew 600 percent over the course of the last year, something that surely attracted this new investment.

“Monitoring containerized microservice applications has become a critical requirement for today’s digital enterprises,” said Meritech Capital’s Alex Kurland. “Instana is packed with industry veterans who understand the APM industry, as well as the paradigm shifts now occurring in agile software development. Meritech is excited to partner with Instana as they continue to disrupt one of the largest and most important markets with their automated APM experience.”

The company plans to use the new funding to fulfill the demand for its service and expand its product line.

Oct
19
2017
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Cisco to buy Perspica and fold engineering team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

Oct
18
2017
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Now part of Cisco, AppDynamics update looks to deepen understanding of business performance

 When Cisco acquired AppDynamics in January for $3.7 billion, it was a big surprise as the company was on the verge of going public. While it’s probably too soon to say how intertwined it will become in the Cisco product family, it continues to march forward announcing an update to the products set at the AppD Summit this week in New York City.
Today’s announcements build on the… Read More

Oct
17
2017
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Cisco using AI and machine learning to help IT predict failures

Cisco headquarters. We have known for some time that the number of signals coming from your IT systems surpassed the ability for humans to keep track of them years ago. Machines can help and have been for some time. The advent of artificial intelligence and machine learning has accelerated that ability and today, Cisco announced that it is using these technologies to help customers find failures before they… Read More

Jun
29
2017
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AppDynamics update pinpoints performance issues inside Docker containers

 AppDynamics released an update today with a nod toward the growing trend of containerization. The company, which was purchased by Cisco earlier this year for $3.7 billion, wants to help customers using Docker containers pinpoint performance issues. Read More

Jan
25
2017
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Cisco-AppDynamics $3.7 billion deal all about the data

Cisco headquarters. When Cisco bought AppDynamics last night for $3.7 billion, it was initially a bit of a shocker, partly because of the timing, just days before the startup was scheduled to IPO. While the acquisition was clearly part of a longer term strategy by Cisco to shift focus from its hardware business to one based more on cloud software, at its core, the deal was a pure data play. Data has taken… Read More

Jan
24
2017
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Why the $3.7 billion AppDynamics acquisition happened right before IPO

appdynamics Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many companies seek… Read More

Jan
24
2017
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Cisco snaps up AppDynamics for $3.7B right before its IPO

SAN JOSE, CA - AUGUST 10:  A sign is posted in front of the Cisco Systems headquarters on August 10, 2011 in San Jose, California.  Cisco Systems reported better-than-expected fourth quarter revenues with a 3.3 percent rise to $11.2 billion as the company continues to scale down its business. (Photo by Justin Sullivan/Getty Images) Cisco said today that it would acquire AppDynamics, which helps companies monitor application performance, for a whopping $3.7 billion. And now, it would seem that AppDynamics’ long-awaited IPO (this week!) has been called off in favor of a giant acquisition. It isn’t Cisco’s first major acquisition in recent memory — in fact, the company has been quite active —… Read More

Nov
10
2016
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AppDynamics update looks to measure impact of performance on business

screen-shot-2016-11-10-at-10-15-48-am It seems to have been the week for modern application performance monitoring tools to announce major updates. First, New Relic announced theirs on Monday and today AppDynamics followed suit with its own update to provide more direct insight into business performance — not just the underlying systems and applications. Both messages are remarkably similar, even the platform naming. On… Read More

Jan
29
2016
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Our 2016 Predictions For The IPO Market

New York Stock Exchange 2015 was not a good year for IPOs — it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to remain private for longer periods of time. And while we still haven’t seen any IPOs in 2016, the slowest start since 2009, eventually venture-backed companies need to go public — if only to raise additional financing to… Read More

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