AppDynamics raises $158 million, showing appetite of late-stage investors
By Heather Somerville SAN FRANCISCO (Reuters) – AppDynamics, a maker of software to manage and analyze applications, has raised $158 million, evidence that some highly valued companies are still garnering investor support despite a pullback in late-stage venture capital. The new funding round, announced by the company on Monday, puts AppDynamics’ total financing at $315 million since its founding in 2008
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