Deals

Tracelytics raises $5.2M to keep your web applications running smoothly

Tracelytics announced Monday it has closed its first round of funding for $5.2 million. The company helps track the performance of web applications.

Its software helps uncover problems and gather insights from web apps that run on multiple servers. With the service, you can find out how long it takes your web app to do certain tasks or if its encountering problems on a specific browser. The company counts Github as a customer.

“When you’re dealing with massive applications, people often don’t really understand what’s going on in them,” said Aman Gupta, a GitHub engineer in a statement. “With Tracelytics, I immediately found issues that our other APM (application performance management) software had failed to identify.”

Tracelytics’ services start at $95 per month and go up to $495 for premium service. The company’s competitors include NewRelic, which charges $149 monthly for its pro services.

This first round of funding will be used to open a new office in Boston, Mass. and to hire more engineers. Bain Capital led the round, with participation from Google Ventures, Battery Ventures, and Flybridge Capital Partners, which led Tracelytics’ seed funding.

Tracelytics is based in Providence, Rhode Island. The company was founded in 2010 and has grown to eight employees.

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