AppSignal, an application performance monitoring (APM) company, has secured $22 million in Series A funding to expand its platform and operations. The Amsterdam-based firm serves mid-market organizations globally, helping improve application security, performance, and stability through its developer-centric observability tools. (Affected: Application Performance Monitoring Systems, Mid-market Organizations)
Keypoints :
- AppSignal raised $22 million in Series A funding led by Elsewhere Partners.
- The company offers an observability platform supporting multiple programming languages including Elixir, Java, Node.js, Python, and Ruby.
- Its platform helps identify abnormal behaviors, vulnerabilities, performance issues, and errors in applications.
- Currently used by over 2,000 organizations across 60 countries, focusing on mid-market businesses.
- Funding will be used to broaden language support, enhance customer service, and grow teams in Europe and North America.
- AppSignal has established a US base in Austin, Texas, and appointed Brandon Swalve as CEO.
- The company aims to meet growing demands for better APM and logging solutions in complex software environments.
Read More: https://www.securityweek.com/appsignal-raises-22-million-for-application-monitoring-solution/