The software error monitoring company, Sentry, has announced that it has raised $40 million in its Series C round of funding. The funding round was led by the first capital investor Accel with the participation from existing investor New Enterprise Associates, Inc. (NEA).
The round of funding will help the company accelerate its product development and marketing efforts. The company will also be expanding its team to meet the increasing customer demand. In a blog post on company website, Sentry’s co-founder and CEO David Cramer wrote: “…and I’m thrilled to share that we have raised $40 million in Series C funding from Accel and New Enterprise Associates (NEA). This round of funding will accelerate product development and marketing efforts, and help us grow our amazing team to execute on this vision.”
In addition to the announcement of series C round, the company also announced that its platform will now extend support for native applications. This will allow developers for mobile, gaming, IoT and other embedded applications to debug faster in an efficient manner.
Sentry was co-founded by David Cramer and Chris Jennings in 2008 as an open-source side-project. The platform has grown phenomenally and today it spots software errors for more than 50,000 organizations worldwide including Microsoft, Dropbox, PayPal, Pinterest, Symantec, and Uber.