Concurrent Gets $10M For Enterprise Application Management

San Francisco-based Concurrent said today that it has raised $10M in Series B funding round. The funding was led by Bain Capital Ventures, and also included Rembrandt Ventures and True Ventures. According to Concurrent, the funding will go towards research and development for its product, which is used for application performance management. Salil Deshpande of Bain Capital Ventures joins the company's board. Concurrent is led by Gary Nakamura. More information »