DynaTrace Software raises $12.9 million

DynaTrace Software, a Boston-based software company, has raised $12.9 million in funding, the company announced today.

The financing led by Bay Partners, joined by original investor Bain Capital Ventures, will be used to expand sales, marketing, and other business development activities, the company said.

"This investment validates our early success, and enables us to accelerate our market leadership," said DynaTrace CEO Bernd Greifeneder.

DynaTrace Says its software allows IT personnel to better see and understand where and why performance issues exist.
(By Elizabeth Campbell, Globe correspondent)