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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Booking.com targets China, U.S. growth: CEO

By Toby Sterling AMSTERDAM (Reuters) – After its rapid ride to dominance in online travel in Europe over the past decade, Booking.com is seeking to expand in China and the U.S., its CEO said in an interview. Darren Huston, who heads both Booking.com and its U.S. parent company Priceline Group, said Booking.com is targeting a 20 percent increase in bookings going through its website in the third quarter and still has years of growth ahead.

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U.S. Internet providers hit with tougher rules, plan challenges

By Alina Selyukh WASHINGTON (Reuters) – U.S. regulators on Thursday approved the strictest-ever rules on Internet providers, who in turn pledged to battle the new restrictions in the courts and Congress, saying they would discourage investment and stifle innovation. Experts expect the industry to seek a stay of the rules, first at the FCC and then in courts, though the chances for success of such an appeal is unclear.

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