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AppDynamics grabs $158m funding round

December 1, 2015

AppDynamics, which provides application intelligence, has raised $158 million in new financing led by General Atlantic and Altimeter Capital. Adage Capital, Industry Ventures, Goldman Sachs and Cross Creek Advisors all participated in the funding round, which also included previous backers IVP, Greylock Partners and Lightspeed Venture Partners. “Virtually every business in every industry is going through a digital transformation to stay competitive and AppDynamics is at the heart of this transition,” said David Wadhwani, president and CEO of AppDynamics. “We are excited to partner with General Atlantic and Altimeter Capital, as well as our other investors, as we look to accelerate product innovation, expand our offering, and fuel our sales and marketing activities.”

Threat intelligence platform creator ThreatConnect has closed a Series B funding round worth more than $16 million. SAP National Security Services led the round with participation from previous investor Grotech and other strategic investors. “From our very first days, the vision has been to build a platform that gives security operations a long overdue seat at the executive table,” said Adam Vincent, CEO for ThreatConnect. “We started by building something for analysts, designed by analysts while keeping in mind that management, the C-suite, and board also needed a solution. Now, thanks to investment and partnership with SAP NS2, we will be demonstrating to Fortune 2500 organizations and large government agencies the difference an enterprise approach to cyber security can make.”

Nestio, a leasing and marketing platform for residential landlords and brokers, has raised $8 million in Series A funding led by Trinity Ventures. Freestyle Capital, Joanne Wilson, David Cohen and Mike Lazerow, all previous investors, all participated. “In less than two years, we have become the system of record for the most prominent landlords and brokers in NYC,” said Nestio CEO and co-founder Caren Maio. “With this infusion of talent, expertise, and funding we’re ready to rapidly bring our platform to other markets and invest substantially in our product roadmap, to capitalize on the enormous opportunity we’ve unlocked.”

Lending as a service provider Mirador announced a Series A round of financing worth $7 million. Core innovation Capital led the round, with participation from Nyca Partners and Jump Capital. The company plans to expand its Oregon-based team with the new funds. “Our investor group genuinely understands what is required to bring innovation to the financial markets,” said Trevor Dryer, the CEO and co-founder of Mirador. “They know how to build a successful fintech business and have immense experience navigating the complexities of this industry.” Led by former Visa president Hans Morris, Nyca brings an especially deep expertise in financial services and technology. Nyca investors and advisors include Max Levchin, the CEO of Affirm and the former CTO & co-founder of Paypal.

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Filed Under: Finance, Investment Round Up, Startups

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