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Data Center News > Blog > Investments > Apica Raises Funding; Acquires Circonus
Investments

Apica Raises Funding; Acquires Circonus

Last updated: February 25, 2024 9:04 pm
Published February 25, 2024
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Apica, a Stockholm, Sweden-based firm which makes a speciality of information administration and lively observability, raised an undisclosed quantity in funding.

The spherical was led by Riverside Acceleration Capital (RAC), with participation from current traders Industrifonden, SEB Basis, Oxx, and Leo Capital.

Apica additionally acquired Circonus, which makes a speciality of monitoring and analytics options particularly designed for organizations with massive quantities of telemetry information.

Led by CEO Mathias Thomsen, Apica offers enterprises with the Ascent platform, which delivers lively observability, automated root trigger evaluation, and superior information administration to shortly discover and resolve complicated digital efficiency points. The corporate provides a unified view of data for your entire know-how stack serving to scale back, stop and resolve outages and misplaced income.

Apica will combine Circonus’ IRONdb and Passport merchandise into the Ascent Platform.

FinSMEs

25/02/2025

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See also  Aviceda Therapeutics Raises Upsized $207.5M in Series C Financing
TAGGED: acquires, Apica, Circonus, Funding, Raises
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