RIYADH: Egyptian bug reporting platform Instabug has raised $46 million in a series B round led by venture capital firm Insight Partners with participation from other investors.
The company, which is dual headquartered in Cairo and San Francisco, offers a platform for mobile app developers to monitor their applications for bugs and better under user experience performance.
Founded in 2016, Instabug will use its new funds to further grow its client-base by serving more engineering teams as well as introduce more features into its product, Wamda reported.
The company has reached more than 2.7 billion mobile devices with 110 billion mobile sessions in 2021 and has clients like DoorDash and Porsche, according to Wamda.
