AppDynamics Chosen by Forbes as Best Cloud Computing Company to Work For

CEO Jyoti Bansal Most Popular CEO in Terms of Employee Approval

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&https://portal.appdynamics.com/account/signup/signupForm/39;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 approve 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."

About AppDynamics
AppDynamics is the Application Intelligence company. With AppDynamics, enterprises have real-time insights into application performance, user performance and business performance so they can move faster in an increasingly sophisticated, software-driven world. AppDynamics’ integrated suite of applications is built on its innovative, enterprise-grade App iQ Platform that enables its customers to make faster decisions that enhance customer engagement and improve operational and business performance. AppDynamics is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale.

AppDynamics reserves the right to change any planned features at any time before making them generally available as well as never making them generally available. Any buying decisions should be made based on features that are currently generally available.