Stackify expects growth on the heels of a freshly announced $6 million funding raise, explained Matt Watson.
â€œWe have still never taken any outside, institutional VC money. All the [investments] weâ€™ve raised have been from local Kansas City investors, which is pretty cool,â€ Watson, founder and CEO, said noting the companyâ€™s recent raise was a mix of debt and equity with a capital infusion from Dallas, Texas-based Cyprus Group Capital.
While Watson also serves as co-host of the popular Startup Hustle podcast â€” as well as co-founder of the podcastâ€™s startup backer Full Scale â€” his priority is scaling Stackify, he said.
â€œBusiness is doing good, we continue to grow and expand. â€¦ Weâ€™re still focused on being the best APM product designed for software developers. Thatâ€™s our passion â€” helping software developers ship more code and spend less time fixing bugs,â€ Watson added.
The injection follows a $2.74 million raise in January and is expected to help the startup double the size of its team in 2020.