Ittycheria co-founded BladeLogic in 2001 and steered it through a 2007 IPO and eventually a $900 million sale to BMC Software a year later. He will invest in enterprise software companies with a focus on cloud-based services and enabling IT infrastructure.
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AppDynamics Inc., a San Francisco-based provider of application performance management solutions, has raised $11 million in Series B funding. Return backers Greylock Partners and Lightspeed Venture Partners co-led the round.