We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

AppDynamics Becomes Latest Tech Startup Worth Over $1B

Law360, New York (July 22, 2014, 1:23 PM EDT) -- Software management company AppDynamics said on Tuesday it had raised $120 million in venture capital and debt in its latest bid to lock down growth financing, bumping the California-based startup’s valuation over the billion-dollar mark.

The latest round of growth financing was backed by new investors Battery Ventures, ClearBridge Investments and Sands Capital, as well as by all four of AppDynamic’s existing investors, Greylock Partners, Lightspeed Venture Partners, Leiner Perkins Caufield & Byers and Institutional Venture Partners, according to a statement. The $120 million raised also...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.