AppDynamics Scores $11M

San Francisco-based AppDynamics, a developer of application performance management software, said today that it has raised $11M in a Series B funding round. According to the firm, the round came from LightSpeed Venture Partners and Greylock Partners, both Series A investors in the firm. The round brings its total raised to $16.5M. The company said the funding will go towards continued expansion. AppDynamics' software is used for application monitoring and management of distributed applications; the firm said its customers include and Yap. More information »