LogRocket, a Cambridge, MA-based maker of a front-end application performance management platform, raised $15m in funding.
This include:
– a new $11m Series A funding, led by Battery Ventures, with participation from seed investor Matrix Partners.
– a previously unannounced $4m seed round.
In conjunction with the Series A round, Battery General Partner Neeraj Agrawal has joined Matrix General Partner Stan Reiss on LogRocket’s board of directors.
The company intends to use the funds to triple the headcount.
Founded by Matthew Arbesfeld and Ben Edelstein, LogRocket provides a front-end application performance management platform, which offers companies insight into user experience problems in their web apps. Currently, more than 500 SaaS, finance, healthcare, companies and government agencies and departments have adopted the company’s technology, including Reddit, Ikea, Brex, Kaplan, CarGurus, FDNY, and Waste Management.
FinSMEs
21/03/2019