Fundz

Apica Raises $10 Million And Acquires Us-Based Logiq.Ai

PRIVATEAug 16, 2023

Amount Raised

$10 Million

Round Type

Funding Round

SundbybergSoftware Development

Investors

Apica

Description

Apica, a Stockholm-based provider of load testing and web performance monitoring tools, for IT, DevOps, and monitoring teams announced a strategic move today as it unveiled its definitive agreement to acquire the California-based LOGIQ.AI, a start-up specializing in observability data fabric.

Quick answer

Apica raised $10 Million in a Funding Round round, dated August 16, 2023. Investors: Apica. Apica is based in Sundbyberg, Stockholms län, Sweden.

How much did Apica raise?
Apica raised $10 Million in a Funding Round round on August 16, 2023.
Who invested in Apica?
Apica is named as investors in this round.
What does Apica do?
Apica keeps enterprises operating.
Where is Apica based and how big is it?
Apica is based in Sundbyberg, Stockholms län, Sweden. Fundz records about 79 employees.
Who are the decision-makers at Apica?
Fundz holds 3 contacts at Apica, including the VP Sales EMEA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as Apica that raised within 45 days of this round, from Fundz verified event records.

  • Excarta raised $3M (Seed) on September 29, 2023.
  • Fingerprint raised $32M on September 11, 2023.
  • Datavations raised $4.2M (Seed) on August 31, 2023.
  • AI21 Labs raised $155M (Funding Round) on August 30, 2023.
  • QUALITI raised $6.5M (Seed) on August 28, 2023.
  • Locl raised $100K (Pre-Seed) on August 17, 2023.

Who to call at Apica, and when

A new round usually means Apica is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Apica raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Apica, from your own LinkedIn network

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Company Information

Company

Apica

Location

Sundbyberg, Stockholms län, Sweden

About

Apica keeps enterprises operating. The Ascent platform delivers active observability, automated root cause analysis, and advanced data management to quickly find and resolve complex digital performance issues before they negatively impact the bottom line. Today, business operations depend on understanding the health of multi-cloud, hybrid, and on-premises environments to keep business-critical applications and systems online while providing an optimal user experience. Apica delivers a unified view of all information for the entire technology stack, helping reduce, prevent, and resolve outages and lost revenue.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Apica raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsBruno M., VP Sales EMEA hiddenSee plans and pricing
Predictive Intelligence
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Apica raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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