The app monitoring techology developer has agreed to an acquistion by Cisco having raised $30m from investors including the Deutsche Telekom-backed DTCP.

Computing and IT group Cisco has agreed to acquire Epsagon, a US-based app monitoring software developer backed by telecommunications firm Deutsche Telekom, for an amount reported by Globes as $500m.

Epsagon’s technology allows apps to visualise their performance and microservices to more effectively manage any inefficiencies. It was founded by Israel Defense Forces cyber intelligence veterans and has offices in New York and Tel Aviv.

The company received $4.1m in seed funding from Lightspeed Venture Partners, StageOne Ventures and angel…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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