{"id":742223,"date":"2013-03-18T15:46:16","date_gmt":"2013-03-18T19:46:16","guid":{"rendered":"http:\/\/gigaom.com\/?p=621612"},"modified":"2013-03-18T15:46:16","modified_gmt":"2013-03-18T19:46:16","slug":"appneta-lands-16m-as-networking-and-application-monitoring-heats-up","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/742223","title":{"rendered":"AppNeta lands $16M as networking and application monitoring heats up"},"content":{"rendered":"

AppNeta<\/a>, whose monitoring services let devops teams<\/a> track the performance of a website, the networks it uses and the external applications it depends on, announced on Monday a $16 million Series C round of venture funding, demonstrating that investors still like the area despite a crowded market.<\/p>

Bain Capital Ventures, Business Development Bank of Canada, Egan-Managed Capital and JMI Equity led the round, which brings the total AppNeta has raised to $47.8 million.<\/p>

AppNeta, which has offices in Boston and Vancouver, B.C., offers Software as a Service (SaaS) that gauges the performance of the components of a customer’s site and lag times attributable to web servers, the network and an end user’s browser. Those services are known as application-performance management (APM). The SaaS also breaks out performance of the networks underlying the apps and data the site depends on to run on end users’ devices — what’s called network-performance management (NPM). The data from AppNeta can quickly show devops employees when and how performance is not meeting service-level agreements (SLAs) and take action accordingly.<\/p>

The APM market looks a bit like a venture capital and product-feature arms race. Last week New Relic, fresh off an $80 million round of funding<\/a>, announced the ability to monitor end users’<\/a> mobile experiences. After recently picking up $50 million<\/a>, AppDynamics moved more toward IT automation<\/a> in a new product release last week, and it appears<\/a> poised to add mobile-app support in the near future.<\/p>

The NPM market lacks the current momentum of APM, although there is competition from SevOne<\/a>, which got $150 million in January; Riverbed and other vendors.<\/p>
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