||A major contributor to this article appears to have a close connection with its subject. (February 2013)|
|Industry||Application Performance Management|
|Headquarters||San Francisco, CA, United States|
AppDynamics, Inc. is an American privately held application performance management (APM) company based in San Francisco, CA. The company focuses on managing the performance and availability of applications across cloud computing environments as well as inside the data center. Specializing in complex, distributed environments, the company currently supports Java, .NET and PHP applications, and offers both a Software-as-a-service or an on-premise deployment.
History and Founding
AppDynamics was founded in April 2008 by current CEO Jyoti Bansal, a former lead software architect at Wily Technologies, a provider of application performance management technology. Bansal formed AppDynamics in response to the kinds of APM tools he had seen in the industry, which were tailored towards the demand of monolithic applications running on top of the traditional IT architectures. Such monolithic applications were becoming less common in the face of emerging, increasingly distributed architectures built with Service-Oriented Architecture principles.
Bansal felt that in order to perform in these new environments, APM tools needed to not only provide visibility into the application as well as code-level detail into specific issues, but also have the ability to dynamically act based upon what the software is able to learn about the application’s overall health and performance. Doing so would allow application owners to be more agile and better respond to rapid code releases, keeping up with their counterparts in development who were already following an agile software development philosophy. Another goal was to enable large-scale cloud monitoring, where companies with sizable deployments might need thousands of cloud-based nodes monitored — such as at Netflix, which uses AppDynamics to monitor its public cloud deployment.
AppDynamics has received four rounds of funding totaling $86.5 million. In April 2008 the company obtained a Series A round for 5.5 million from Greylock Partners and Lightspeed Venture Partners. In May 2010, the same investors backed the company’s Series B round for $11 million. In January 2012 AppDynamics received a Series C round of funding for $20 million led by Kleiner Perkins. In January 2013, AppDynamics secured a $50 million Series D funding round led by Institutional Venture Partners (IVP). The company's existing investors were also included in the round. According to the Wall Street Journal, the company received a valuation of $500 million in this funding round.
Recognitions and Certifications
AppDynamics is rated as the #1 Cloud Computing Company and CEO to Work For in 2013. AppDynamics was positioned as a Leader in Gartner's Magic Quadrant for Application Performance Management in 2012. Also in 2012, AppDynamics was recognized as an "APM Innovator" by Gartner, and the EMA Radar Report named AppDynamics as the "Best Infrastructure-as-a-Service (IaaS)" monitoring solution. In 2010, AppDynamics received a “Cool Vendor” in IT Operations certification from Gartner. The company also placed in CRN’s Top 20 Cloud Software and Apps Vendors and in Network World’s “25 Hot Products from New IT Companies.” InfoWorld Magazine reviewed the company’s free Java performance download and rated it an 8.3.
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