# Apica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apica

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.apica.io
- Total disclosed funding: $7.7M
- Latest round: Series C (Jul 2, 2012)
- Investors on record: 4

## About

Founded in 2005 and based in Stockholm, Sweden, Apica AB develops software that helps enterprises deploy, test, and monitor the performance of applications and other data. In February 2024, Apica AB, a portfolio company of KTH Chalmers Capital, ALMI Invest, Industrifonden, Oxx, etc., acquired Circonus, Inc. from Baird Capital Partners, Osage Venture Partners, etc. The firm, as of July 2024 is led by its CEO, Mathias Thomsen.

Apica offers the Ascent platform, which revolutionizes digital performance management and addresses the complexities of modern data management and observability. The company, through its platform, empowers organizations to achieve active observability, automate root cause analysis, and manage data across multi-cloud, hybrid, and on-premises environments. The platform integrates more than 300 advanced capabilities like synthetic monitoring, logs management, metrics aggregation, and trace analysis to ensure optimal application performance and reliability. The company caters to diverse industries including banking, healthcare, manufacturing, and government sectors, providing tailored solutions that enhance operational resilience and compliance.

The February 2024 acquisition will support Apica AB to bolster its offerings to its customers by integrating Circonus' IRONdb and Passport products into its platform.

## Funding rounds

- Series C, Jul 2, 2012, $5M — KTH Chalmers Capital, SEB Venture Capital, Industrifonden, ALMI Invest
- Series B, Jul 14, 2011, $2M — KTH Chalmers Capital, Industrifonden, ALMI Invest
- Series A, May 28, 2007, $0.7M — KTH Chalmers Capital

## Investors

- KTH Chalmers Capital (https://capitalatlas.ai/funds/kth-chalmers-capital) — Series A, Series B, Series C
- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Series B, Series C
- ALMI Invest — Series B, Series C
- SEB Venture Capital (https://capitalatlas.ai/funds/seb-venture-capital) — Series C