App Performance Company AppDynamics Raises $50M, Plans IPO

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http://techcrunch.com – AppDynamics has raised $50 million in a round lead by Institutional Venture Partners (IVP) for the expansion of its application performance monitoring service. The Series D round also included AppDynamics current investors: Greylock Partners, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners. The company has now raised a total of $86.5 million and plans to do an IPO. The AppDynamics service manages capacity, scaling, monitoring, troubleshooting and the user experience.  The company has grown 300% in the past year. It has 500 customers, up from about 250 last year. It has (IT news)