Crittercism Raises $12 Million in Funding

Real-Time Mobile App Performance Management Leader Introduces New Mobile Operations Solution that Reports Performance of Entire App Experience, Including Network Latency and Third-Party Cloud Services

SAN FRANCISCO, March 12, 2013-- Crittercism, a pioneer in Mobile Performance Management that helps leading brands excel in the mobile app economy, today announced it has raised $12 million in Series B funding in a round led by existing investor Google Ventures with Wesley Chan, general partner at Google Ventures, joining the board. Shasta Ventures and Opus Capital, also both existing investors, participated. The company also announced a new service that will, for the first time, report back on the performance of outside cloud services and network conditions as they relate to the performance of their Android, iOS, Windows Phone 8, and HTML5 apps, ensuring that companies and brands deliver highly reliable, top-performing apps to market.

Crittercism's announcement comes on the heels of a record year for its best-in-class Error Monitoring product that supports leading mobile platforms and powers performance improvements for mobile apps on more than 450 million unique devices.

"We're excited to bring together some of the most talented investors and advisors in technology to support our mission of building a comprehensive mobile performance management solution," said Andrew Levy, co-founder and CEO of Crittercism. "For many of the biggest brands in the world, mobile apps have become their most important channel for communicating with customers to increase engagement and drive brand loyalty. Across all industries, organizations with sound mobile strategy have recognized the critical role of mobile performance management to success, and we're proud to be partnering with them."

Companies today are increasingly turning to mobile not only as a powerful way to engage customers, but also to offer employee-facing access to line of business or financial data. In both cases, mobile teams are learning they can't manage mobile apps with traditional web technologies.

Crittercism's team of mobile experts were first to realize this and have developed a robust mobile-first solution that gives app developers a real-time view into the performance of their apps in the wild. The new service is designed to monitor network conditions as they relate to app performance specifically on mobile devices. Crittercism can now report in real-time when cloud services like payments or location services are underperforming or failing so that issues can be quickly remedied.

Crittercism is conducting a private beta of its new Mobile App Network Management Solution SIGN UP HERE.

About Crittercism

Crittercism, based in San Francisco, California, is the world's first mobile application performance management (APM) solution and sits at the center of the global shift to the new app economy. Crittercism products monitor every aspect of mobile app performance, allowing Developers and IT Operations to deliver high performing, highly reliable, highly available mobile apps. Crittercism offers a real-time global view of app diagnostics and app crashes across iOS, Android, Windows Phone 8, Hybrid and HTML5 apps used on more than 450 million unique devices and in more than 50 billion app sessions. The company's investors include Google Ventures, Opus Capital and Shasta Ventures. Learn more @crittercism and www.crittercism.com.

News Index

Downloadable Venture Capital Database