US-based performance management software developer Tracelytics secured $600,000 in seed funding on Friday from corporate venturing unit Google Ventures, venture capital firm Battery Partners and private equity firm Flybridge Capital Partners, and several unnamed angel investors.
The funding was announced as Tracelytics launched its software-as-a-service web product, allowing users to manage performance of web applications across multiple machines, software layers and languages. Tracelytics is currently in limited release but is offering special offers on access and pricing to early sign-ups.
Sunil Dhaliwal, general partner at Battery Ventures, said: "We backed Tracelytics because their team has the skill and the vision to deliver an amazing and powerful performance management solution, that is also blindingly simple to use, for large and small customers alike. There is no doubt that they are the future of web application performance."
