AppDynamics Raises $20M

San Francisco-based AppDynamics is announcing this morning that it has raised $20M in the firm's Series C funding round. The company, which develops application performance management software for managing critical web applications, said the funding was led by new investor Kleiner Perkins Caufield & Byers. The round also included prior investors Greylock Partners and Lightspeed Venture Partners. AppDynamics said the funding will go towards expanding engineering and sales. AppDynamics is headed by Jyoti Bansal. More information »