Amplitude Secures $30 Million
Mobile startup Amplitude announced the completion of $30 million in Series C financing. Three investors participated in the round: IVP, Benchmark Capital, and Battery Ventures.
Amplitude provides product analytics that help companies build better products. Launched in 2014, Amplitude aims to be the analytics solution of choice for companies that want to understand user behavior, ship faster and drive strong business outcomes. Amplitude boasts customers including Microsoft, PayPal, Hubspot, Autodesk, Booking.com and Twitter.
Amplitude revealed that it will use the funds to scale its operations globally and continue building solutions to help product teams succeed.