Instabug Raises $46M in Series B Funding

Instabug, San FranciscoCA-based provider of a mobile bug reporting, monitoring, and crash reporting solution for mobile teams, raised $46M in Series B funding.

TheRound was led By Insight PartnersParticipation from an existing investor AccelAs well as new investors Forgepoint Capital Endeavor.

TheCompany plans to use the funds to fulfill its mission of serving engineering team members with performance metrics and issue visibility, as well as product teams with customer insights.

LedBy CEO Omar GabrCTO, and. Moataz Soliman, InstabugMobile monitoring, bug reporting, and crash reporting is available for mobile teams. The company’s platform scales with any sized business, allowing indie developers and enterprises alike to monitor, alert, prioritize and debug during critical phases of the application life cycle.

The capital raise follows record growth in 2021, inWhich InstabugReached more than 2.7 Billion mobile devices, processed 110 Billion mobile sessions, and 4.2 Billion issues. This resulted in a substantial rise inYear-over-year bookings add enterprise leaders such as DoorDash Verizon, IHG and AB InBev Porsche, Qualtrics, GojekCustomers can get more from it.

FinSMEs

18/05/2022

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