Tech Company Financing Transactions
Apica Funding Round
Apica, operating out of Stockholm, raised $10 million in investment from Industrifonden, SEB Venture Capital and Logiq.AI.
Transaction Overview
Company Name
Announced On
8/16/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Garvargatan 9
Stockholm, 11221
SE
Stockholm, 11221
SE
Phone
Website
Email Address
Overview
Apica keeps enterprises operating. The Ascent platform delivers active observability, automated root cause analysis, and advanced data management to quickly find and resolve complex digital performance issues before they negatively impact the bottom line. Today, business operations depend on understanding the health of multi-cloud, hybrid, and on-premises environments to keep business-critical applications and systems online while providing an optimal user experience. Apica delivers a unified view of all information for the entire technology stack helping reduce, prevent and resolve outages and lost revenue.
Management Team
Title
Name
Email & Social
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