# Bugsnag

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.bugsnag.com
- Total disclosed funding: $17M
- Latest round: Series B (Feb 27, 2017)
- Investors on record: 3

## About

Bugsnag Inc. is a software company specializing in application monitoring and error tracking, providing developers with essential tools to enhance application performance and stability.Founded in 2013 in San Francisco, US, Bugsnag Inc. offers robust solutions for application monitoring. The company was acquired by SmartBear Software in April 2021, as part of its strategy to integrate enhanced monitoring capabilities. Simon Maynard, the founder, has a history of innovation in software development, although details of prior ventures are not specified. The company has successfully completed four investment deals, with the latest being a Series B round that raised USD 9.000 mn, leading to a current valuation of USD 43.744 mn.Bugsnag Inc. specializes in application monitoring, error tracking, and real user monitoring through its core product, Insight Hub. This platform provides comprehensive solutions for developers and engineering teams to monitor application performance, track exceptions, and enhance stability. Insight Hub offers capabilities like real-time visibility into microservices communication and user data analytics, serving a diverse clientele across North America, Europe, and parts of Asia, focusing on optimal application performance.Bugsnag generates revenue primarily through subscription-based models for its Insight Hub platform, allowing businesses to access monitoring and tracking tools on a recurring basis. Clients typically engage in annual or monthly subscription plans tailored to their needs. The pricing structure accommodates varying business sizes and complexities, reinforcing Bugsnag's commitment to providing reliable software solutions without disclosing specific pricing details.Following its acquisition by SmartBear Software, Bugsnag aims to enhance its growth trajectory by leveraging the partnership to expand product offerings and market reach. While specific upcoming product launches and release dates are not detailed, the focus will be on scaling operations into new geographic regions. The growth strategy will utilize the recent funding from the Series B round to support these initiatives, aligning with the overall rationale of the partnership to bolster the company's growth plans.

## Funding rounds

- Series B, Feb 27, 2017, $9M — Benchmark, Matrix Partners, GV
- Series A, Jun 25, 2015, $7.1M — Benchmark, Matrix Partners
- Seed, Sep 20, 2013, $1.3M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Seed, Series A, Series B
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B
- GV (https://capitalatlas.ai/funds/gv) — Series B