Tech Company Financing Transactions
Instana Funding Round
Instana, operating out of Chicago, raised $20 million in funding from Accel Partners and Target Partners.
Transaction Overview
Company Name
Announced On
12/15/2017
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Accel Partners (Lead Investor) (Harry Nelis)
Target Partners (Berthold von Freyberg)
Proceeds Purpose
The funding will be used to grow the company's ability to fulfill the demand from across global markets and expand the development of its products.
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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