|By PR Newswire||
|February 26, 2013 09:02 AM EST||
SAN FRANCISCO, Feb. 26, 2013 /PRNewswire/ -- AppDynamics, the next-generation Application Performance Management solution that simplifies the management of complex apps, today announced it has been selected by Forbes Magazine as the number one cloud computing company to work for in a comparison of top cloud computing companies. Forbes determined the rankings based off of scores from Glassdoor.com, factoring in the percentage of employees who approve of their CEO and the percentage of employees would recommend their company to a friend.
"Our mission at AppDynamics is to disrupt the $20 billion/year IT Operations Management market and build the next great software company with more than $1 billion/year of revenue. To accomplish that, it's essential to build a strong culture that attracts world-class talent and enables that talent to perform at their best," said Jyoti Bansal, Founder & CEO of AppDynamics. "Being recognized as the best company to work for in a list that contains great legendary companies like Amazon, VMware, Salesforce.com is a great achievement and I am honored and humbled by it. It is a great testament to the talent we have at AppDynamics that we can have such a strong focus on achievement but also a culture of having fun, promoting innovation at all levels, and a maniacal focus on the customer."
According to the survey, 94% of employees would recommend AppDynamics to a friend, and 100% of employees improve of AppDynamics' CEO as of February 22, 2013.
AppDynamics continues to experience rapid growth, with the company recently securing a $50 million series D financing round. The round was financed by Institutional Venture Partners (IVP), Greylock Partners, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners. The company also announced sales growth for AppDynamics grew at 300% CAGR in the past two years. AppDynamics has also brought on industry veterans Joe Sexton, former head of global Sales at McAfee, as President of Worldwide Field Operations, and Ed Rowe, former head of R&D for Adobe developer products, as Senior Vice President of Engineering.
"Our new funding round allows us to continue to increase our hiring of top talent," said Bansal. "We currently count more than 200 employees worldwide with headquarters in San Francisco and offices in UK, France, and Germany, and we always have our eyes open for energetic candidates that will bring a diverse and experienced background to the table."
AppDynamics is a leading provider of Software-as-Service (SaaS) and on-premise application performance management for modern application architectures in both the cloud and the data center. The company delivers solutions for highly distributed and agile environments, helping companies such as Priceline, TiVo, AMICA Insurance, Hotels.com, StubHub, DSW, Staples, Insight Technologies, Abercrombie & Fitch, and Cornell University monitor, troubleshoot, diagnose, and scale their production applications. Over 80,000 people have downloaded AppDynamics Lite, the company's free troubleshooting solution for Java/.NET. Visit our blog or follow us on Twitter.
SOURCE AppDynamics, Inc.
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