About Dynatrace
Dynatrace delivers answers and intelligent automation from data.
Headquarters
Dynatrace, Waltham
Founded
2005-02-02
Industry
Business Process Automation (BPA), Developer Tools, Enterprise Software, Information Technology, SaaS, Software
Last Funding Type
Post Ipo Equity
Valuation
4
Total Funding
$21.90 million dollars
IPO Status
Public
Financial
Dynatrace may be growing as evidenced by several financial indicators. The company has achieved a significant milestone by surpassing $1.5 billion in annual recurring revenue, which is a clear sign of its expanding customer base and product adoption. Additionally, Dynatrace has reported expectations of over 20% growth in the near term, further indicating a positive trajectory. The company has also successfully attracted customers from competitors, as highlighted by its acquisition of logos from AppDynamics, which suggests competitive strength and market share gains.
Dynatrace reported strong Q4 FY24 earnings with revenue and earnings growing 23% and 36% YoY, respectively. The company announced a $500 million stock buyback program. Additionally, Dynatrace is enhancing its platform with new Kubernetes security features and expanding its channel reach by working with select partners.
Dynatrace reported strong Q4 FY24 earnings with revenue and earnings growing 23% and 36% YoY, respectively. The company announced a $500 million stock buyback program. Additionally, Dynatrace is enhancing its platform with new Kubernetes security features and expanding its channel reach by working with select partners.
Funding Rounds
4
Number of Lead Investors
2
Total Funding Amount
$21.90 million dollars
Number of Investors
3