AppNeta has secured a significant growth investment from Rubicon Technology Partners, a private equity firm specializing in enterprise software companies.
AppNeta serves more than 1,100 firms around the globe, ingesting and analyzing more than 100 billion unique performance metrics per day via their patented, multi-tenant SaaS platform. AppNeta has become the choice for IT teams when they need proactive insight into the end-user experience of their business-critical applications and the impact of the underlying networks that deliver them. The latest financing will accelerate AppNeta’s investment into R&D to further enhance its market-leading solutions and go-to-market capacity.
Jason Winsten, Partner at Rubicon Technology Partners, said: "AppNeta has built a truly unique, market-leading solution that allows customers to monitor and diagnose network performance issues that impact the end-user experience of cloud-based applications. We look forward to working with Matt and his management team to aggressively scale and grow the AppNeta business through continued product innovation and new customer acquisition."
KeyBanc Capital Markets was the exclusive financial advisor to AppNeta in connection with this transaction.
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