Application Performance Monitoring Company Sentry Secures $40 Million In Funding

By Dan Anderson • Sep 30, 2019
  • Software error monitoring Sentry announced it raised $40 million in Series C funding led by Accel

Sentry — a market leader in software error monitoring — announced it has raised $40 million in Series C funding led by Accel with participation from existing investor New Enterprise Associates. This round of funding will accelerate the company’s product development and marketing efforts and to grow Sentry’s team to meet widespread customer demand for more modern application monitoring.

There are more than a million developer users on Sentry thus making it the number one software error monitoring platform. And Sentry’s cloud-hosted services are used for proactively identifying, triaging and prioritizing software errors for more than 50,000 organizations worldwide. Some of the companies that use Sentry include Airbnb, Dropbox, Microsoft, PayPal, Peloton, Pinterest, Square, Symantec, and Uber.

“Now that cloud is the de facto standard back-end server infrastructure, the next wave of innovation and efficiency for organizations is in front-end devices, where code meets consumers in application experiences on Single Page Applications, desktops, and mobile and IoT devices,” said David Cramer, the co-founder and CEO of Sentry. “It’s time to replace legacy application performance monitoring solutions that were not designed for—and often don’t work at all for—the complexity and constant change of DevOps and high-velocity application development.”

Unlike other APM solutions, Sentry was designed for modern software running on devices not controlled by application developers. And the open-source agentless error tracking platform goes beyond system alerts and pinpoints exact errors with the depth and detail developers need to accurately see and fix crashes in real-time. Plus it enables companies to confidently embrace DevOps and other rapid innovations that continuously release and iterate applications, boosting efficiency and improving user experiences.

“Sentry’s leadership has proven year after year that it can identify emerging technology trends and, crucially, bring products to market that developers need and are willing to pay for,” added Daniel Levine, a partner at Accel. “We’ve watched Sentry achieve, and sustain, its market leadership in error monitoring, and we are excited to support the team as they reinvent APM and shake up the market to give customers critical tools for the app-oriented decade ahead.”

Another major announcement that Sentry made is support for native applications, which allows developers mobile, gaming, IoT, and other embedded applications to debug faster with the power of alerts, context, and root-cause analysis. And Sentry for Native enables developers to move feedback into the development cycle by capturing every single exception and crash users encounter while also surfacing meaningful trends to help prioritize issues and uncovering potential issue impact.