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Sentry becomes a unicorn with $60M haul

February 19, 2021

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Sentry, a maker of application monitoring software, has raised $60 million at a $1 billion valuation.

Accel led the round, with participation from fellow existing investor NEA and new investor Bond, the Mary Meeker-led venture capital firm that spun out of Kleiner Perkins in 2019.

The new valuation is nearly quadruple the $260 million Sentry was worth in 2019, according to PitchBook data.

San Francisco-based Sentry now serves 68,000 customers—including Disney, Peloton and Slack—with app monitoring tools.

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