Egyptian bug reporting firm Instabug secures $46 million

Oluwajuwonlo Afolabi -

Instabug, a bug monitoring and reporting platform in Egypt has secured $46 million in its Series B funding round led by Insight Partners.

  • The funds will be used to develop more strategic partnerships with enterprises prioritizing a mobile-first approach for business engagement.
  • Founded in 2016, Instabug is a mobile monitoring platform offering crash and bug reporting solutions to mobile developers.
  • It claims its services have reached over 2.5 billion mobile devices with 110 billion mobile sessions processed and 4.2 billion issues in 2021.
  • Accel, Forgepoint Capital and Endeavor participated in the funding round for the Cairo-based firm.