{"id":546484,"date":"2022-05-18T04:00:08","date_gmt":"2022-05-18T04:00:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/cairo-born-instabug-closes-usd-46-mn-series-b-round\/"},"modified":"2022-05-18T04:00:08","modified_gmt":"2022-05-18T04:00:08","slug":"cairo-born-instabug-closes-usd-46-mn-series-b-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/cairo-born-instabug-closes-usd-46-mn-series-b-round\/","title":{"rendered":"Cairo-born Instabug closes USD 46 mn series B round"},"content":{"rendered":"

<\/a> Software startup <\/strong>Instabug<\/a><\/strong> has raised USD 46 mn in series B funding<\/strong>, it announced in a press release (pdf)<\/a>. The round was led by New York-based software investor Insight Partners<\/a>, with participation from existing investor Accel<\/a>, as well as new investors US-based VC Forgepoint Capital<\/a>, and Endeavor<\/a>.<\/p>\n

About Instabug:<\/strong> Founded over a decade ago in Cairo by CEO Omar Gabr and CTO Moataz Soliman, Instabug<\/a> began as a background tool for mobile app users to send feedback or report errors by shaking their phones, before evolving into a performance tracker for mobile app teams. More than 25k apps use its platform and its software development toolkit (SDK) runs on over 2.7 bn mobile devices. Instabug raised USD 5 mn in series A funding<\/a> in 2020, after closing a USD 1.7 mn seed round<\/a> in 2016.<\/p>\n

The funding will be used to build a mobile observability and performance monitoring platform<\/strong> to help provide more complex insights into mobile bugs for app developers. The new platform will expand on Instabug\u2019s existing \u201cproactive issue detection, advanced debugging and alert management capabilities,\u201d Gabr told Enterprise. It will also help the startup expand its portfolio of partners, which currently includes the likes of DoorDash<\/a>, Verizon<\/a>, IHG<\/a>, and Porsche<\/a>.<\/p>\n

SOUND SMART- What do you mean, \u201cobservability\u201d? <\/strong>In a nutshell, observability is looking at the data any system produces to see what\u2019s going on with that system internally. Instabug\u2019s mobile observability platform aims to help app developers increase \u201cthe depth of visibility that is provided about issues including device, network, and session data as well as stack traces that provide info about where in the application an error occurred,\u201d Gabr said.<\/p>\n

I<\/strong>nstabug has opened a San-Francisco HQ<\/strong> \u2014 but it will still invest in its Cairo operations:<\/strong> Egypt-born Instabug currently operates globally, with dual headquarters in San Francisco and Cairo. \u201cWe're incredibly proud of the team that we have in Cairo and we\u2019re planning to invest in expanding it,\u201d Gabr said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Software startup Instabug has raised USD 46 mn in series B funding, it announced in a press release (pdf). The round was led by New York-based software investor Insight Partners, with participation from existing investor Accel, as well as new investors US-based VC Forgepoint Capital, and Endeavor. About Instabug: Founded over a decade ago in […]<\/p>\n","protected":false},"author":1,"featured_media":546485,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[72,95,123,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-startup-watch","tag-startups","tag-technology","wpautop","entry"],"acf":{"mongo_id":"2139439a-d29c-4a4e-b9be-b7c4a7f8446b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/229.jpg","photo_position":"above","related_issue":[546478],"teaser":"","voice_url":""},"yoast_head":"\nCairo-born Instabug closes USD 46 mn series B round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/cairo-born-instabug-closes-usd-46-mn-series-b-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cairo-born Instabug closes USD 46 mn series B round\" \/>\n<meta property=\"og:description\" content=\"Software startup Instabug has raised USD 46 mn in series B funding, it announced in a press release (pdf). The round was led by New York-based software investor Insight Partners, with participation from existing investor Accel, as well as new investors US-based VC Forgepoint Capital, and Endeavor. 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The bug reporting tool has been used to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598388,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/yumamia-raises-usd-1-5-mn-in-a-pre-series-a-round-from-saudi-investor\/","url_meta":{"origin":546484,"position":2},"title":"Yumamia raises USD 1.5 mn in a pre-series A round from Saudi investor","author":"enterpriseam admin","date":"23 May 2019","format":false,"excerpt":"STARTUP WATCH- Cairo-based \u201cfoodtech\u201d startup Yumamia has raised USD 1.5 mn in a pre-series A round from Saudi boutique consulting firm Pure Consulting, MENAbytes reports. Proceeds from the round will be used to expand the company\u2019s operations to Saudi and accelerate its growth in Egypt, CEO Belal El Borno said.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553412,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/02\/raseedi-raises-usd-850k-pre-series-a-investment-bexel-closes-usd-six-figure-round\/","url_meta":{"origin":546484,"position":3},"title":"Raseedi raises USD 850k pre-series A investment + Bexel closes USD six-figure round","author":"enterpriseam admin","date":"2 December 2021","format":false,"excerpt":"Fintech startup Raseedi raised USD 850k in pre-series A funding from Africa-focused Japanese VC firm Samurai Incubate, an undisclosed European investor and existing investors including 500 Global, Falak Startups and EFG-EV, Wamda reports. The company had previously raised USD 400k in seed funding in 2019.About Raseedi: The telecom app launched\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568796,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egyptian-food-tech-startup-elmenus-raises-usd-8-mn-in-series-b-round\/","url_meta":{"origin":546484,"position":4},"title":"Egyptian food-tech startup Elmenus raises USD 8 mn in series B round","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"STARTUP WATCH- Elmenus raises USD 8 mn in Algebra, Global Ventures-led series B funding round: Cairo-based food-tech startup Elmenus has raised USD 8 mn in a series B funding round led by our friends at Algebra Ventures and UAE-based venture capital fund Global Ventures, according to an emailed statement (pdf).\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548965,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/29\/saas-startup-zeew-to-up-headcount-following-usd-630k-seed-round\/","url_meta":{"origin":546484,"position":5},"title":"SaaS startup Zeew to up headcount following USD 630k seed round","author":"enterpriseam admin","date":"29 August 2022","format":false,"excerpt":"Egypt-headquartered SaaS startup Zeew secured USD 630k in a seed round led by Plug and Play Ventures, Poland Prize and a number of angel investors, founder and CEO Mohamed Ghaith (LinkedIn) told Enterprise, confirming news first reported by Wamda.About Zeew: Founded by Ghaith in 2017, Zeew\u2019s software helps companies in\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546484"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546484\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546485"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546484"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546484"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}