AppSignal, a Netherlands-based developer insights platform, has secured $22M in Series A funding to support its global expansion and enhance application performance monitoring for mid-sized organizations. The investment, led by Elsewhere Partners, also coincides with the appointment of Brandon Swalve as the new CEO, who is tasked with steering the companyâs growth from its offices in Amsterdam and Austin, Texas. AppSignal caters to over 2,000 clients across 60 countries and focuses on providing comprehensive monitoring solutions to help developers optimize their applications across various programming languages and environments.
With the influx of funding, AppSignal aims to bolster its global presence and advance its application performance monitoring solutions specifically tailored for mid-market organizations.
Rod Favaron emphasizes that AppSignal addresses a crucial gap in the market as enterprise observability tools are often too complex and costly for midsize development teams.
#appsignal #funding #application-performance-monitoring #mid-market-organizations #technology-leadership
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