Instabug Secures $46M for Mobile Observability Platform

May 17th, 2022Funding
  • Instabug raised $46 million in Series B funding from Insight Partners, Accel, Forgepoint Capital, and Endeavor Catalyst.

  • The funding aims to develop a mobile observability and performance monitoring platform for better visibility and user experience insights.

  • Mobile teams lack the necessary insights and visibility, which Instabug's solution aims to provide, shifting from reactive to proactive performance improvement.

  • Instabug currently supports over 25,000 mobile teams and reached significant milestones in 2021 with 2.7 billion devices and 4.2 billion issues processed.

  • The company strives for continuous innovation and focusing on user needs, providing solutions that can track and prioritize app performance issues.