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Did anyone hear about The Little Eye Labs??Why did they need such high funding??

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nikhil

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Hii all,
The Little Eye Labs provides Performance Analysis and monitoring tools for apps.
Know more about it here --> https://www.google.co.in/search?q=he Little Eye Labs&oq=he Little Eye Labs&aqs=chrome..69i57&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8#es_sm=122&espv=210&q=The Little Eye Labs

I'm not sure why do they require such high funding (around 20 millon$) through venture funding??

What all are the costs and expenditures involved to run an such a seemingly simple app??
Do we really need such high venture funding for any such/any kind of apps??
If yes then for what type of apps??
 
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