(formerly Google Ventures) led the round, which also included participation from , , and . Previously, ThousandEyes had raised just over $60 million. Its last raise occurred in 2016, a led by .

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The money will go toward product innovation, 鈥渁cceleration of go-to-market activities and expansion of global operations,鈥� according to a company press release. San Francisco-based ThousandEyes describes itself as 鈥淕oogle Maps for the Internet.鈥�

It aims to help IT teams see what鈥檚 breaking or slowing down the paths that their websites, applications or services take to get to their end users, so they can either re-route or get the problem fixed before it impacts their customers.

鈥淲henever a SaaS application or service goes down or slows down, every minute counts for IT teams to figure out what鈥檚 going on before customers start complaining, or worse, going to a competitive service,鈥� wrote CEO and co-founder , via email. 鈥淭housandEyes helps IT teams 鈥榮ee鈥� into the Internet and cloud to identify the problem immediately, meaning they鈥檙e spending their time getting the issue fixed, rather than spending time trying to find what鈥檚 wrong.鈥�

Its customers span a variety of industries and include , , , Box, and .

In a blog post, Thomvest鈥檚 said his firm was impressed from its first meeting with ThousandEyes:

Our first realization after the intro meeting with ThousandEyes was that this was as scrappy a team as they come. Following the completion of their PhDs at UCLA, Mohit (Lad) and received a $150k NSF grant, which they used to construct their grandiose vision of 鈥榓 Google Maps for the internet鈥� and subsequently garner quite a few customers. To put this in perspective, these guys had accomplished more at the pre-seed stage than most companies have at their Series B.

, general partner at GV, noted that the company has seen 鈥渞emarkable traction鈥� with Fortune 500 customers.

鈥淎s enterprises increasingly rely on applications and services in the cloud, their CIOs and CTOs are losing visibility and control of the networks and outages impacting end-user digital experiences,鈥� Munichiello said in a written statement. 鈥淭housandEyes delivers mission-critical visibility into every network an enterprise relies on, and ultimately has an objective view of enterprise services, clouds, and their performance that is unparalleled in the technology ecosystem.鈥�

During its last fiscal year (which lasted from February 2018 through January 2019), ThousandEyes opened new operations in Ireland, Australia, Germany,聽and The Netherlands. It also increased its full-time employee headcount by 25 percent to more than 250 employees in that same timeframe. Besides its San Francisco headquarters, ThousandEyes has offices in London, Austin, New York,聽and Tokyo.

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