|By Marketwired .||
|April 3, 2014 07:30 AM EDT||
MOUNTAIN VIEW, CA -- (Marketwired) -- 04/03/14 -- Boundary, a leader in delivering modern IT Infrastructure Monitoring solutions, announced its $22 million C-round funding, bringing total funding to date to $41 million. The round was led by new investor Adams Street Partners with participation from Triangle Peak Partners as well as existing investors Lightspeed Venture Partners and Scale Venture Partners. The funding will enable the company to continue to expand development of its market leading product and technology as well as significantly bolster its sales and marketing capabilities.
"Today's application (and enterprise) monitoring tools increasingly fail to meet the needs of Web-scale application environments that IT operations teams are deploying to match the needs of modern agile applications," according to Gartner*.
Boundary offers customers significant advantages over traditional IT monitoring solutions. As a public or private SaaS-delivered service it is operational within seconds and completely non-intrusive. It is designed for modern application infrastructures such as public/private cloud or hybrid environments where resources are dynamic in nature. At its core is the ability to collect and process hundreds of millions of metrics and events every second using a highly scalable low latency streaming engine. This data is processed in context of the real-time application map, which Boundary builds and updates immediately to reflect changes in the infrastructure or the application.
"Existing infrastructure tools are horrible at connecting issues in the infrastructure to impact on the application. They monitor the wrong things and they fail to monitor with sufficient level of granularity or frequency," said Bernd Harzog an analyst with The Virtualization Practice. "Even when customers deploy Application Performance Monitoring (APM) solutions, they only have visibility into what you can see from the application runtime (JVM, etc.) and commodity OS level metrics are not enough. Boundary enables companies to understand how the infrastructure is impacting the application, does so with a finer granularity than anyone else and starts to tie together infrastructure configuration changes with application performance."
Over the last 18 months, Boundary has amassed an enviable customer base that reads like a who's who of transformative and modern IT environments. Boundary processes up to 2 trillion metrics daily for clients that include Scripps Networks Interactive, Salesforce.com, The Weather Channel, Zendesk, Gilt, Expedia, Infor, Heroku, OneNeck, Websense, HCL Technologies, Rackspace and many others.
"Modern application development methodologies combined with modern operations cultures such as DevOps give organizations the key advantages of rapid time to market and agility. But this can come at the cost of service availability as recent high profile outages have demonstrated. New applications and infrastructures require new monitoring solutions -- ones that can embrace the cadence of continuous deployment and elasticity while dealing with the complexity of highly distributed architectures," said Boundary CEO Gary Read. "Boundary is a new breed of application aware infrastructure monitoring solution where the key emphasis is how the infrastructure affects the application performance."
"The IT Operations Management market is an estimated $20 billion industry dominated by legacy solutions, and like the disruption we are seeing in many other spaces, Boundary is leading the charge," said Mike Zappert, Principal at Adams Street Partners. "We spoke to many Boundary customers and found a consistent theme around the unique and highly-valuable visibility provided to them. Multiple customers told us that they found and resolved problems using Boundary that their existing solutions didn't even see. The Boundary technology combined with the amazing, proven team will lead infrastructure monitoring into the modern era."
"You can run any application in the cloud and on modern architectures, but using someone else's infrastructure means blind spots. We were impressed by how quickly Boundary was up and running for their customers. Often in minutes they were handling massive amounts of customer data. Their customers consistently commented on how Boundary's real time visibility and alerting was critical, which allowed them to speed up identification times and often avoid issues and outages," said Dain DeGroff, co-founding partner of Triangle Peak Partners.
"Early on we were impressed by Boundary's innovation and forward thinking. They identified the new challenges that would come from distributed, cloud and ephemeral architectures. They were building and deploying real-time 'big data' analytics when most companies had no idea what that meant," said John Vrionis, partner at Lightspeed Venture Partners. "DevOps and IT Operations teams moving to new distributed and cloud architectures have been flying infrastructure blind and that's exactly where Boundary comes in -- to give them visibility into previously unseen issues."
"Two key signs we look for as companies come out of their first couple years are enterprise adoption and growing business in existing accounts. In a very short time window, we've seen big enterprises deploy Boundary and consistently expand their footprints. We think the timing is excellent as there's an acceleration of companies moving their data centers and custom applications into the cloud, requiring exactly the type of visibility Boundary delivers," said Andy Vitus, partner at Scale Venture Partners.
*Gartner, Building a Modern APM Architecture for the World of Web-Scale IT, Jonah Kowall, Cameron Haight, December 6, 2013.
Boundary's allows customers to monitor their entire IT environments from a single place and in real time. It is uniquely designed to deal with challenges stemming from modern, highly distributed applications and ever changing infrastructures. Boundary's best-in-class IT infrastructure monitoring and event management service, enables customers to collect and correlate millions of metrics and events, process them in real-time using its streaming technology and enable Ops/DevOps professionals to quickly see the total picture. Boundary is privately held, based in Mountain View, CA and backed by Adams Street Partners, Triangle Peak Partners, Lightspeed Venture Partners and Scale Venture Partners. For more information on Boundary visit us on the web at www.boundary.com or on www.twitter.com/boundary.
Dyn solutions are at the core of Internet Performance. Through traffic management, message management and performance assurance, Dyn is connecting people through the Internet and ensuring information gets where it needs to go, faster and more reliably than ever before. Founded in 2001 at WPI, Dyn’s global presence services more than four million enterprise, small business and personal customers.
Oct. 31, 2014 01:00 PM EDT Reads: 1,987
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
Oct. 31, 2014 11:00 AM EDT Reads: 1,979
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Open Innovation Center. Can you elaborate on your commitment to keep the platform open? Jacopo Lenzi: S...
Oct. 31, 2014 09:00 AM EDT Reads: 3,368
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money! Speaker Bio: ...
Oct. 31, 2014 09:00 AM EDT Reads: 2,318
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
Oct. 31, 2014 08:45 AM EDT Reads: 1,981
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Oct. 30, 2014 05:30 PM EDT Reads: 1,403
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to bui...
Oct. 30, 2014 04:45 PM EDT Reads: 1,917
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Oct. 30, 2014 09:00 AM EDT Reads: 2,095
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurri...
Oct. 29, 2014 01:00 PM EDT Reads: 1,636
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
Oct. 29, 2014 09:00 AM EDT Reads: 2,096
Samsung promises to be one of the 800-pound gorillas of the IoT, if its success in recent years with Android devices and other consumer electronics is any guide. Showing its willingness to be a big IoT player, the company recently acquired SmartThings, a recent startup that's developed an open smarthome appliation that currently supports 1,000 devices and 8,000 apps. SmartThings will now work under the auspices of Samsung's Open Innovation Center (OIC). SmartThings Founder and CEO Alex Hawkinson...
Oct. 29, 2014 09:00 AM EDT Reads: 3,846
What process has your provider undertaken to ensure that the cloud tenant will receive predictable performance and service? What was involved in the planning? Who owns and operates the data center? What technology is being used? How is it being supported? In his session at 14th Cloud Expo, Dave Weisbrot, Cloud Business Manager for QTS, will provide the attendees a look into what it takes to stand up and stand behind a highly available certified cloud IaaS.
Oct. 29, 2014 08:30 AM EDT Reads: 1,546
I'll be hosting an SAP HANA Cloud webinar at 11am eastern time, Wednesday, October 29. You can sign up now. Featured speakers will be Allan Adler, Managing Partner, Channel Cloud Consulting, and Thorsten Leiduck, VP ISVs & Digital Commerce, SAP. Attendees will learn about • Cloud economics, hybrid cloud strategy, market size and opportunity • Introduction to SAP HANA Cloud Platform and how to: - Build new next-generation applications - Extend on-premise solutions non-disruptively throu...
Oct. 28, 2014 11:45 PM EDT Reads: 1,468
SYS-CON Events announced today that Gigaom Research has been named "Media Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Ashar Baig, Research Director, Cloud, at Gigaom Research, will also lead a Power Panel on the topic "Choosing the Right Cloud Option." Gigaom Research provides timely, in-depth analysis of emerging technologies for individual and corporate subscribers. Gigaom Research'...
Oct. 28, 2014 11:45 PM EDT Reads: 1,703
Join both SAP and Channel Cloud Consulting for our webcast and uncover how you can extend your reach to capture a piece of the US$17 billion cloud application services market with SAP. Learn about SAPs market-leading SAP HANA Cloud Platform and an exciting opportunity to join SAPs growing ecosystem of Application Development partners. When: October 29, 11:00am EST Speakers: Allan Adler, Managing Partner, Channel Cloud Consulting Thorsten Leiduck, Vice President ISVs & Digital Commerce, SAP
Oct. 28, 2014 09:00 PM EDT Reads: 1,356
Application Performance Management (APM) has been bred with all the right elements to give us the insights we need to see the health of our applications. Similar to your most trusted watch dog, it alerts us to anomalies when events occur, providing awareness to the environment that only they can observe. As enterprises embrace the DevOps philosophy, and the coalescence of the Development and Operations continues, I foresee the conditions ripening to foster innovative methods of making applicati...
Oct. 28, 2014 08:15 PM EDT Reads: 5,216
SYS-CON Events announced today that IBM is holding a Bluemix Developer Playground on November 5, 10:30 am to 5:30 pm at 15th Cloud Expo. 15th Cloud Expo, co-located with @ThingsExpo, Big Data Expo, and DevOps Summit is taking place Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. The labs, for developers of all levels, will highlight the ease of use of Bluemix, its services and functionality and provide short-term introductory projects that developers can complete betw...
Oct. 28, 2014 08:00 PM EDT Reads: 1,607
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, da...
Oct. 28, 2014 12:00 PM EDT Reads: 1,959
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
Oct. 28, 2014 10:00 AM EDT Reads: 2,061
How do you know when a technology has become mainstream? A good clue may be when politicians start talking about it on the campaign trail and with mainstream media. David Cameron, the UK prime minister, was the latest, indicating that the world was now on “fast-forward” with the Internet of Things (IoT) ushering in the new industrial revolution. No mention of IoT targeted at the masses would be complete without the clichéd example of the communicating fridge. While it is easy to get caught up in...
Oct. 28, 2014 08:00 AM EDT Reads: 6,300