Apica raises 108 MSEK

(Stockholm, a SaaS company for IT monitoring and optimization of web applications): Has raised 108 MSEK in a funding round from Industrifonden with member Peter Wolpert, Oxx Ventures with member Ingrid Bonde Åkerlind, and SEB Foundation. In conjunction with the round, Apica acquired Logiq.ai, a Bangalore-based observability data fabric startup. With the acquisition and the new financing, Apica aims to sharpen its product portfolio and develop new capabilities.