Instabug Raises $46M Series B Led By Insight Partners To Build The First Mobile Observability And Performance Monitoring Platform

May 17, 2022•about 3 years ago

Amount Raised

$46 Million

Round Type

series b

San Francisco

Description

Instabug, the leading mobile monitoring, crash and bug reporting solution for mobile teams, today announced $46 million in Series B funding led by global software investor Insight Partners with participation from existing investor Accel, as well as new investors Forgepoint Capital and Endeavor. The capital raise follows record growth in 2021, in which Instabug reached more than 2.7 billion mobile devices, processed 110 billion mobile sessions and 4.2 billion issues, and drove a substantial increase in year-over-year bookings adding enterprise leaders like DoorDash, Verizon, IHG, AB InBev, Porsche, Qualtrics, Gojek and more to its customer base.

Company Information

Company

Instabug

Location

San Francisco, California, United States

About

Instabug is the leading mobile monitoring, crash and bug reporting solution for mobile teams. Founded in Egypt and headquartered in San Francisco, Instabug was launched in 2016 to help developers better understand the performance of their mobile applications and its impact on user experience. The company’s robust platform scales with any sized business, allowing indie developers and enterprises alike to seamlessly monitor, alert, prioritize and debug during critical phases of the application life cycle. Instabug empowers mobile teams of all sizes with a unified mobile observability platform that provides them with both overall performance insights and granular information on the issues experienced by their users.

FundzWatch™ Score

Medium Activity

Funding Insights

Based on industry data

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