AppSignal Closes $22 Million Growth Investment to Expand Reach in the Application Performance Monitoring Market

Quick Summary:

"I am looking forward to working with the founders to build on the strong foundation they have established by expanding the AppSignal team, speeding innovation, and scaling our marketing and sales efforts to deliver our developer-centric solutions to a broader audience.” AppSignal will continue to grow its European-based team while expanding the executive leadership, go-to-market, and customer support teams in North America.

Operations to Strengthen Global Presence and Accelerate Midmarket GrowthAMSTERDAM and AUSTIN, Texas, May 06, 2025 (GLOBE NEWSWIRE) -- AppSignal today announced the close of a $22 million Series A funding round led by Elsewhere Partners to accelerate its global expansion, meeting the increasing need for comprehensive, yet simple and easily scalable, application performance monitoring (APM) solutions for mid-market organizations.

The company plans to use the financing to rapidly expand into more programming languages and to grow its product development, customer service and operations teams, with a focus on building market traction in the United States while deepening leadership in European markets.

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Article Details

Author / Journalist: AppSignal

Category: Technology

Markets: ChinaIsraelUnited States

Topics: Solutions Chief Market Support Team Monitoring Appsignal Teams Austin Swalve Executive

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 11:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 806 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28437071

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