|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.
Datapipe has acquired GoGrid, a provider of multi-cloud solutions for Big Data deployments. GoGrid’s proprietary orchestration and automation technologies provide 1-Button deployment for Big Data solutions that speed creation and results of new cloud projects. “GoGrid has made it easy for companies to stand up Big Data solutions quickly,” said Robb Allen, CEO, Datapipe. “Datapipe customers will achieve significant value from the speed at which we can now create new Big Data projects in the clou...
Jan. 25, 2015 03:30 AM EST Reads: 1,491
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, ...
Jan. 25, 2015 01:45 AM EST Reads: 2,206
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial C...
Jan. 25, 2015 01:00 AM EST Reads: 2,430
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by minin...
Jan. 25, 2015 12:30 AM EST Reads: 3,365
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
Jan. 24, 2015 11:00 PM EST Reads: 1,442
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, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP ...
Jan. 24, 2015 11:00 PM EST Reads: 2,335
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that ...
Jan. 24, 2015 09:00 PM EST Reads: 1,693
Companies today struggle to manage the types and volume of data their customers and employees generate and use every day. With billions of requests daily, operational consistency can be elusive. In his session at Big Data Expo, Dave McCrory, CTO at Basho Technologies, will explore how a distributed systems solution, such as NoSQL, can give organizations the consistency and availability necessary to succeed with on-demand data, offering high availability at massive scale.
Jan. 24, 2015 07:00 PM EST Reads: 1,347
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
Jan. 24, 2015 06:00 PM EST Reads: 2,872
SYS-CON Media announced that Cisco, a worldwide leader in IT that helps companies seize the opportunities of tomorrow, has launched a new ad campaign in Cloud Computing Journal. The ad campaign, a webcast titled 'Is Your Data Center Ready for the Application Economy?', focuses on the latest data center networking technologies, including SDN or ACI, and how customers are using SDN and ACI in their organizations to achieve business agility. The Cisco webcast is available on-demand.
Jan. 24, 2015 05:00 PM EST Reads: 1,075
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. ...
Jan. 24, 2015 03:15 PM EST Reads: 2,917
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 24, 2015 02:45 PM EST Reads: 2,064
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 24, 2015 02:30 PM EST Reads: 2,106
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your onlin...
Jan. 24, 2015 02:15 PM EST Reads: 2,766
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore's Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at Big Data Expo, Mason Katz, CTO and co-founder of StackIQ, disc...
Jan. 24, 2015 02:00 PM EST Reads: 2,776
Software Defined Storage provides many benefits for customers including agility, flexibility, faster adoption of new technology and cost effectiveness. However, for IT organizations it can be challenging and complex to build your Enterprise Grade Storage from software. In his session at Cloud Expo, Paul Turner, CMO at Cloudian, looked at the new Original Design Manufacturer (ODM) market and how it is changing the storage world. Now Software Defined Storage companies can build Enterprise grade ...
Jan. 24, 2015 02:00 PM EST Reads: 2,024
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
Jan. 24, 2015 01:45 PM EST Reads: 2,048
CodeFutures has announced Dan Lynn as its new CEO. Lynn assumes the role from Founder Cory Isaacson, who has joined RMS and will now serve as chairman of CodeFutures. Lynn brings more than 14 years of advanced technology and business success experience, and will help CodeFutures build on its industry leadership around its Agile Big Data initiatives. His technical expertise will be invaluable in advancing CodeFutures’ AgilData platform and new processes for streamlining and gaining value from gro...
Jan. 24, 2015 01:00 PM EST Reads: 1,306
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? In his session at 6th Big Data Expo®, Ali Ghodsi, Co-Founder and Head of Engineering at Databricks, discussed how the zero management cost and scalability of the cloud is addressing the challenges and pain points that data engineers face when working with Big Data. He also s...
Jan. 24, 2015 01:00 PM EST Reads: 2,227
Vormetric on Wednesday announced the results of its 2015 Insider Threat Report (ITR), conducted online on their behalf by Harris Poll and in conjunction with analyst firm Ovum in fall 2014 among 818 IT decision makers in various countries, including 408 in the United States. The report details striking findings around how U.S. and international enterprises perceive security threats, the types of employees considered most dangerous, environments at the greatest risk for data loss and the steps or...
Jan. 24, 2015 01:00 PM EST Reads: 1,368