SaaS APM Solutions Provider Cloudwise Wins USD 12 Mln Series B+

DoNews, 12/10/15

Beijing-based Software as a Service (SaaS) end-to-end application performance management (APM) solutions provider Cloudwise Technology recently completed USD 12.3 mln Series B+ funding led by Sequoia Capital and Gobi Partners. Funding will be used to further develop the company's products, technology, and marketing efforts, and to provide even more valuable services for medium- and large-size business users and industry users.

Cloudwise, formed in 2009, is an APM service provider offering enterprise customers complete and specialized end-to-end application performance measurement, monitoring, and management solutions. Its products have already provided intelligent performance management services for hundreds of thousands of users across multiple industries.

Editor's Note: For more information on this topic, please see "Update: SaaS Provider Cloudwise Reveals Series B Size, Investor," MD 12/24/14 issue.

Keywords: funding software Gobi Partners Series B Sequoia Capital Cloudwise Software as a Service VC

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