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SAN FRANCISCO, April 30, 2013 -- AppDynamics, the next-generation Application Performance Management solution that simplifies the management of modern apps, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. AppDynamics was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
AppDynamics and the OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on May 20th, 2013, at Hewlett-Packard's Executive Briefing Center in Palo Alto, CA.
This two-day exclusive event treats attendees to a high-level debate and discourse on top trends and opportunities in the SaaS, cloud, on-demand, and mobile enterprise sectors.
"The world of the cloud is beginning to live up to its promise of expanding and enhancing almost every sector of the technology world. Public, private, and hybrid, the cloud infrastructure companies that can provide the most robust, always-on performance are the ones that are propelling us into a completely new digital age," says Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand 100 winners represent the companies that are not only providing the space to develop daring, indispensible applications for a growing and increasingly mobile universe, they're making sure that everyone has their information, data, media, and apps whenever and wherever they happen to be. The innovations these companies are developing goes beyond consumer, beyond business enterprise—it's the future, in the palm of your hand, on your desktop, in your car. The on-demand paradigm is computing, and the Global Silicon Valley has never been more ready to take on its challenge.
The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2013 list.
AppDynamics' solution, which is designed to supplant legacy enterprise APM products through its ability to support distributed applications, agile environments, and cloud deployments, has blazed a disruptive trail in the marketplace: its customers include Netflix, Orbitz, Expedia, Glassdoor, Expedia, Eurocar, and Overstock.com. In January 2013, the company raised $50 million from investors Instituational Venture Partners (IVP), Greylock Partners, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners, bringing its funding total to $86.5 million. AppDynamics was also voted the #1 Cloud Company to Work For by Forbes Magazine.
A full list of all the OnDemand 100 winners can be found on the AlwaysOn website at:
"We're pleased to have made it through a competitive selection process to be included OnDemand 2013 Top 100, and believe that judges recognized the disruptive effect that AppDynamics has been having upon the Application Performance Management industry," said Jyoti Bansal, Founder & CEO of AppDynamics. "We are increasingly seeing enterprise organizations abandon their obsolete technologies and embrace the ease-of-use that AppDynamics can provide, which has caused the rate of our customer acquisition to accelerate dramatically in the first part of 2013. We're proud to be a part of the Top 100."
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.
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