AppDynamics, a leading application intelligence company achieved to secure $158 million in growth financing from a series of new investors led by General Atlantic and Altimeter Capital, and with participation from Adage Capital, Industry Ventures, Goldman Sachs, Cross Creek Advisors, IVP, Greylock Partners and Lightspeed Venture Partners.
“Virtually every business in every industry is going through a digital transformation to stay competitive and AppDynamics is at the heart of this transition. We are excited to partner with General Atlantic and Altimeter Capital, as well as our other investors, as we look to accelerate product innovation, expand our offering, and fuel our sales and marketing activities”, said David Wadhwani, President and CEO of AppDynamics.