xMatters snares $40 million Series D led by Goldman Sachs Private Capital Investing [TechCrunch Blog]
New Relic, Inc. (NEWR)
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Source: TechCrunch Blog
Hi! When a crisis happens and your system is down, it’s easy for panic and chaos to ensue. Large companies use a range of tools to monitor system health, and finding the source of the problem and ensuring the proper personnel are involved is not always easy. That’s where xMatters comes in. It acts as an uber monitoring tool allowing you to understand the source of your problem and getting the right people involved to fix it. Today the company announced it has closed a $40 million Series D round led by Goldman Sachs Private Capital Investing. The company, which launched in 2010, has raised almost $10 million in equity financing and $45 million in debt financing to-date, according to Crunchbase data. Today’s round brings the total raised in debt and equity financing to almost $95 million. “We provide an incident management platform, that takes data and signals [from various tools] and helps [teams] to solve the incident as quickly as they can. We’ve been suc
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