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Dealipedia - AppNeta acquires Tracelytics

AppNeta acquires Tracelytics

Deal Participants:
Acquiring Company: AppNeta View Profile Charts Homepage
Target Company: Tracelytics View Profile Charts Homepage
Deal Financials:
 
Date:
Announced: Jun 21, 2012

Notes:

Tracelytics has raised over $5M.
Also Flybridge Capital Partners was an investor.

PRESS RELEASE

AppNeta, the leading provider of end-user-centric performance management solutions for business critical applications, today announced the acquisition of Tracelytics, an innovative provider of full-stack, SaaS-delivered Application Performance Management (APM) solutions. With the addition of Tracelytics, AppNeta will deliver an industry-first SaaS portfolio that includes a broad suite of End-User Experience monitoring capabilities, innovative APM services built on full-stack application tracing technology, and unprecedented application-aware network performance insight.

"Tracelytics' APM technology brings the next critical piece of the puzzle to our cloud SaaS environment and is setting a new standard for application performance management," said Jim Melvin, CEO of AppNeta. "Their technology is a perfect companion to our network performance management solutions. Together we are providing unmatched insight to application and network operations teams that they do not have today. By coupling Tracelytics' technology with our existing cloud services platform, we are accelerating time to value for our ever-increasing customer base."

The acquisition of Tracelytics strengthens AppNeta's breakthrough approach to application and network performance management as it is the only solution to offer a 360o view into the network and the key applications running on it. AppNeta's award-winning, cloud-delivered PathView Cloud service offers integrated insight from every element of the network performance stack: path, packet, flow and device. This complete, integrated suite delivered from the cloud offers thousands of global customers the fastest time to resolution in the industry and superior End- User Experience monitoring.

"With the steadily increasing use of highly distributed Web-based applications, network performance insight is critical to assuring successful application delivery and a quality end-user experience," said Jim Frey, managing research director at Enterprise Management Associates (EMA). "Few APM solutions today offer the depth of visibility from the network perspective that is required for this level of end-user experience monitoring."

Founded in 2010, Tracelytics has developed the next generation of APM technology. The innovative SaaS solution provides deep, detailed visibility into Web applications, identifying where issues and bottlenecks are occurring and providing actionable data for quick problem resolution. Tracelytics delivers a unique combination of immediate time-to-value with full-stack application tracing, providing real time visibility and management into Web applications with any level of complexity.

"We are excited to bring our customers full-stack performance insight to both the core application performance and the end-user's experience for today's distributed application architectures." said John Vigeant, CEO of Tracelytics. "But without the corresponding deep network performance visibility, they can't fully understand and solve problems in the complete application delivery chain. Together with AppNeta, we can now answer these questions."

About AppNeta

AppNeta is the leader in end-user centric Performance Management solutions for business critical applications, arming network and application engineers with the 360o insight they need to rapidly anticipate, pinpoint and solve network issues before they become application problems. Delivered from the cloud for extraordinary ease and affordability, AppNeta solutions offer you the fastest time to resolution in the industry and superior end-user experience monitoring. www.appneta.com

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Who Made the Money?:
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Amt (mm)
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Bain Capital Ventures
Google Ventures
Battery Ventures
Edit History:

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Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/dealiped/public_html/deal_view_acquisition.php on line 746
Jun 21 '12
Jun 22 '12
This version submitted by heuristo

 

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