AppDynamics raises $158 million, showing interest in late-stage financing

SAN FRANCISCO (Reuters) – AppDynamics, a maker of software to manage and analyze applications, has raised $158 million from investors, showing that some highly valued companies are still earning investor enthusiasm despite indications of a pullback in late-stage venture capital. The new funding round, announced by the company on Monday, puts AppDynamics total financing at roughly $450 million

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French network management firm eyes vast Internet of Things grids

By Eric Auchard FRANKFURT (Reuters) – Actility, a supplier of software used to manage far-flung sensor networks dubbed the Internet of Things, said on Tuesday it has taken $25 million in new funding from top European telecom operators and the world’s largest contract electronics maker. The financing round is led by Ginko Ventures, which is in turn backed by Taiwan’s Foxconn Technology, the world’s largest electronics manufacturer, along with telecom operators KPN, Orange and Swisscom

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