Tech Company Financing Transactions
Instana Funding Round
On 9/27/2018, Instana announced $30 million in Series C investment from Meritech Capital Partners and Accel Partners.
Transaction Overview
Company Name
Announced On
9/27/2018
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
Meritech Capital Partners (Lead Investor) (Alex Kurland)
Accel Partners (Harry Nelis)
Proceeds Purpose
The investment will be used to fulfill increasing demand for Instana's automated monitoring solution for containerized microservice applications across global markets and expand its product line.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
222 South Riverside Plaza 15th Floor
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Modern software is intensely dynamic and structurally chaotic. Humans can no longer monitor these systems by simply collecting data and building dashboards. Instana brings a new approach to monitoring!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mirko Novakovic
Chief Operating Officer
Pete Abrams
Chief Technical Officer
Pavlo Baron
VP - Engineering
Fabian Lange
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