PagerDuty raises $43.8 Million in Series C round

PagerDuty, a provider of application monitoring software, has just brought home to roost a $43.8 million Series C funding round led by new backer Accel, with further funding from Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures, and a second new backer, Harrison Metal.

PagerDuty swims rather successfully in the crowded pond that is the monitoring industry, where its main competition includes the likes of AppDynamics, BMC (formerly Boundary), New Relic, and OpsGenie.

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