Tracelytics is a software-as-a-service company that helps its customers monitor and improve the performance of their web applications: how quickly, for instance, did a web site respond to a visitor's query about the inventory level of a specific product, and where were there problems? Tracelytics aims to provide a single view of complex applications that may run on numerous different servers across the Internet. It's already used by sites like GitHub and SeatGeek. Pricing starts at $95 per month.
The company was founded by a trio of Brown University grads in 2010; it now has eight employees. Vigeant, who joined as CEO in January, says the plan is to double in size over the next three months, primarily adding salespeople and engineers. (Access to talent is one key reason for the move to Boston.)
Investing alongside Bain in this latest funding round are Flybridge Capital Partners, Google Ventures, and Battery Ventures, who supplied seed funding to Tracelytics last year.
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About Scott Kirsner Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.
May 16 & 17: Convergence Forum on Life Sciences
Speakers from Bristol-Myers, Millennium Pharmaceuticals, and Biogen Idec talk about the next ten years of the biopharma business. Plus, journalist David Ewing Duncan on radical life extension. (I'm hosting.)
May 22: MIT Sloan CIO Symposium
Chief information officers from Guess, Haemonetics, Intel and other companies talk discuss "architecting the enterprise of the future."
June 25: TEDxBoston
The oldest and biggest of the locally-organized TED events is back, at the Seaport World Trade Center. Tickets are free, but tough to get. Also streams on the web and airs on WBUR.