AppDynamics Raises $120 Million More, Fights Legal Battle

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AppDynamics, which logs activity in computer applications used by millions of people each day, has locked down $120 million in financing as it looks to expand its online application monitoring and analytics platform globally.

About $70 million is coming via an equity round led by new investors — Battery Ventures, ClearBridge Investments and Sands Capital — with participation from all four prior investors, Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners.

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