The round was led by its first capital investor, Accel, with participation from existing investor New Enterprise Associates (NEA) and new investor, BOND. Accel was the first investor in Sentry, leading its seed round in 2015 and it has increased its stake in every subsequent round.

This round brings Sentry's total funding to $127 million with a post-funding valuation of $1 billion. Funds from this round will be used to enable product innovation in its core Application Monitoring platform, expand Performance Monitoring capabilities across all platforms, and accelerate go-to-market functions and hiring across the company's San Francisco, Toronto, and Vienna offices.

Sentry's mission is to eliminate the havoc and potential financial loss associated with defective software by making best-in-class application monitoring available to all software teams. Sentry helps developers discover, triage, and prioritize code errors and performance bottlenecks in real time in order to deliver the best possible end-user experiences complementing your systems monitoring tools. More than 68,000 organizations worldwide - and many of the world's best software companies - including Atlassian, Cloudflare, Disney, GitHub, and Microsoft, use Sentry to diagnose, fix, and optimize the performance of their code.