Instabug, a San Francisco, CA-based leading mobile monitoring, crash and bug reporting solution for mobile teams, announced that it raised $46 million in Series B funding.
The round was led by global software investor Insight Partners, with participation from existing investor Accel, as well as new investors Forgepoint Capital and Endeavor.
With the new funding, Instabug will continue to aggressively execute its mission of serving engineering teams with performance metrics and issue visibility, and product teams with customer insights and direct user feedback.
Company: Instabug, Inc.
Raised: $46.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Insight Partners
Additional Investors: Accel, Forgepoint Capital, and Endeavor
Company Website: https://www.instabug.com/
Software Category: Bug Tracking Software
About the Company: Instabug is the leading mobile monitoring, crash and bug reporting solution for mobile teams. 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. Founded in Egypt and headquartered in San Francisco.
Source: https://www.businesswire.com/news/home/20220517005310/en/Instabug-Raises-46M-Series-B-Led-by-Insight-Partners-to-Build-the-First-Mobile-Observability-and-Performance-Monitoring-Platform https://blog.instabug.com/instabug-raises-46m-series-b/