About Appnomic
Appnomic is a company based in Bengaluru (India) founded in 2006 by Alton Gerald Viegas, Satyen Ramadhar Vyas, and Paddy Padmanabhan. Appnomic has raised $41.77 million across 8 funding rounds from investors including Norwest Venture Partners, Avataar Ventures and Sharad Hegde. The company has 50 employees as of July 30, 2024. Appnomic operates in a competitive market with competitors including Ansible, Robocorp, Liongard, Indeni and Syntel, among others.
- Headquarter Bengaluru, India
- Employees 50 as on 30 Jul, 2024
- Founders Alton Gerald Viegas, Satyen Ramadhar Vyas, Paddy Padmanabhan
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Appnomic Systems Private Limited
- Date of Incorporation 21 Nov, 2003
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.58 M (USD)-14.86as on Mar 31, 2023
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Net Profit
-$874 K (USD)-75.95as on Mar 31, 2023
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EBITDA
-$635.87 K (USD)-115.73as on Mar 31, 2023
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Total Equity Funding
$41.77 M (USD)
in 8 rounds
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Latest Funding Round
$22 M (USD), Series D
Dec 18, 2019
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Investors
Norwest Venture Partners
& 13 more
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Employee Count
50
as on Jul 30, 2024
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Funding Insights of Appnomic
Appnomic has successfully raised a total of $41.77M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $22 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $22.0M
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First Round
First Round
(24 Oct 2007)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series D - Appnomic | Valuation | Avataar Ventures |
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| May, 2015 | Amount | Series C - Appnomic | Valuation | Norwest Venture Partners |
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| May, 2014 | Amount | Series C - Appnomic | Valuation | Norwest Venture Partners |
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Investors in Appnomic
Appnomic has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Norwest Venture Partners, Avataar Ventures and Sharad Hegde.
| Investor | Description | Founded Year | Domain | Location |
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Investment in growth-stage B2B and SaaS companies is facilitated through strategic support and funding.
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Founded Year | Domain | Location | |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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SH
Sharad Hegde |
Angel investor and tech entrepreneur, co-founder of The Good Glamm Group.
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Founded Year | Domain | Location |
Investments & Acquisitions by Appnomic
Financial Statements - Appnomic
Appnomic Comparisons
Competitors of Appnomic
Appnomic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ansible, Robocorp, Liongard, Indeni and Syntel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
DevOps automation software is offered for infrastructure configuration.
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| domain | founded_year | HQ Location |
Cloud-based robotic process automation is delivered for enterprises.
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| domain | founded_year | HQ Location |
IT environments are managed for MSPs and enterprise operations.
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| domain | founded_year | HQ Location |
Network automation platform is used to deliver analytics and insights.
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| domain | founded_year | HQ Location |
IT automation services are delivered via SyntBots for intelligent processes.
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| domain | founded_year | HQ Location |
Enterprise server management workflows are automated through specialized products.
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Frequently Asked Questions about Appnomic
Appnomic was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Appnomic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Appnomic is a funded company, having raised a total of $41.77M across 8 funding rounds to date. The company's 1st funding round was a Series C of $2.87M, raised on Oct 24, 2007.
As of Jul 30, 2024, the latest employee count at Appnomic is 50.
Annual revenue of Appnomic is $1.58M as on Mar 31, 2023.
Provider of AI-powered application performance monitoring and remediation solutions. These solutions proactively identify, predict, and automatically resolve performance issues across the entire technology stack. The technology reduces alert fatigue by distinguishing true incidents from false positives, enabling more targeted responses. Early warning alerts prevent outages, ensuring continuous application uptime. Customizable dashboards provide easy visualization of application and transaction flows, facilitating independent problem resolution. The solutions are adaptable across various industries, offering performance-specific parameters for uninterrupted service delivery.
Appnomic's top competitors include Liongard, Syntel and Jareva Technologies.
Appnomic has 14 investors. Key investors include Norwest Venture Partners, Avataar Ventures, Sharad Hegde, Shashi Nishtala, and Shrikant Patil.
The valuation of Appnomic is $27.79M as of May 2015.