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Fundraising2 min read11/7/2024

Sentry Raises $90M in Series D

Sentry, a Monitoring company based in 45 Fremont Street, San Francisco, CA 94105, has raised $90M in Series D at a $3B valuation led by Accel, New Enterprise Associates, Bond, Evolution Equity Partners.

FNT

Fundraising News Team

Published on 11/7/2024

Sentry Raises $90M in Series D


Sentry Raises $90M in Series D

Sentry has successfully raised $90M in a Series D at a $3B valuation led by Accel, New Enterprise Associates, Bond, Evolution Equity Partners.

Company Overview

Sentry is a Monitoring company headquartered in 45 Fremont Street, San Francisco, CA 94105, founded in 2012 with 400+ employees.

Application monitoring and error tracking

Fundraising Details

- Amount Raised: $90M
- Round Type: Series D
- Valuation: $3B
- Date: 2024-11-07
- Investors: Accel, New Enterprise Associates, Bond, Evolution Equity Partners

About Sentry

Application monitoring and error tracking The company is positioned in the Monitoring sector, serving a growing market with innovative solutions.

Key Information

- Headquarters: 45 Fremont Street, San Francisco, CA 94105
- Founded: 2012
- Team Size: 400+
- Industry: Monitoring

What This Means

This funding round demonstrates strong investor confidence in Sentry's vision and execution. The capital will likely be used to:

- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Monitoring sector continues to attract significant investment as companies innovate to meet evolving market demands. Sentry's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone

Reaching a $3B valuation marks an important milestone for Sentry, positioning the company among notable players in the Monitoring industry.


Looking Ahead

With this new capital, Sentry is well-positioned to execute on its growth strategy and continue building innovative solutions in the Monitoring space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

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This fundraising news was reported on 2024-11-07. For more information about Sentry, visit their headquarters at 45 Fremont Street, San Francisco, CA 94105.

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