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Subject: AmberPoint secures $8.2M and announces product enhancements
Hi, This morning AmberPoint announced $8.2M in funding and a new release of its industry-leading software for managing service-oriented architectures comprised of Web services and other components. AmberPoint's latest release delivers valuable new capabilities to meet rapidly advancing customer requirements for managing greater complexity, enhancing reliability and handling greater scalability as their service-oriented systems grow. The new release of AmberPoint represents significant enhancements across all AmberPoint solutions: Service Level Manager, Exception Manager and AmberPoint Management Foundation. I've included both releases below. Please let me know if you're interested in speaking with an AmberPoint executive. Thanks for your time, Jennifer White 415-703-9454 ***** AmberPoint Announces New System Release with Enhanced Capabilities for Larger Scale Service-Oriented Applications Management Leader Addresses the Growing Complexity and Scale of Service-Oriented Systems Oakland, Calif. - June 21, 2004 - AmberPoint, Inc. announced today a new release of its industry-leading software for managing service-oriented architectures comprised of Web services and other components. AmberPoint's latest release delivers valuable new capabilities to meet rapidly advancing customer requirements for managing greater complexity, enhancing reliability and handling greater scalability as their service-oriented systems grow. The new release of AmberPoint represents significant enhancements across all AmberPoint solutions: Service Level Manager, Exception Manager and AmberPoint Management Foundation. "Our move to a real-time enterprise is accelerating the need for event-driven interfaces between systems," said John Schmidt, IS Leader at Best Buy. "As these loosely coupled systems become more widespread, we require additional means of managing them, understanding the dependencies among system components and handling increased traffic. With its new release, AmberPoint is addressing such requirements to help ensure that our systems are reliable business assets." The new release of AmberPoint addresses additional requirements of enterprise-wide applications running across service oriented architectures (SOA). For example, AmberPoint now supports real-time management of thousands of active service level agreements across multiple customers and services. To reduce complexity, it automatically discovers services and displays interdependencies across service-oriented systems. To ensure optimal availability and performance of the management layer, AmberPoint has introduced the industry's first recoverable services management system. "AmberPoint continues to strengthen its product suite to meet customer requirements," said Simon Walker, Web services development manager, British Telecommunications Plc. "With its latest release, AmberPoint is delivering capabilities that are important to larger-scale enterprise deployments. The enhancements in AmberPoint will simplify the work of managing and maintaining rapidly growing service oriented environments." "As our service-oriented systems continue to grow, we need better ways to manage the mounting complexity of these distributed systems," said Toby Redshaw, corporate vice president of IT Strategy Architecture and eBusiness, Motorola. "This elevates the role of the management layer. AmberPoint's new release will enable us to better manage our progressively more sophisticated services-oriented environment and to manage service levels effectively in the face of significant increases to the number of active connections." "Whereas a year ago the services-based applications we were called on to manage often had only a dozen services and up to a hundred service agreements, this year it has changed radically," said Gordon Loudon, vice president of Customer Support and Services, AmberPoint. "This year our customers are rolling-out systems with thousands of endpoints and thousands of active service agreements. And we're seeing this sort of increase in complexity across a variety of industries, including retail, telecommunications, manufacturing and insurance." This new release builds on earlier releases of AmberPoint that greatly expanded the types of SOA software and hardware components that can be managed using AmberPoint, including both SOAP and non-SOAP XML, HTML Web pages, hardware switches and blade servers. Managing Application Complexity AmberPoint enables the Operations staff to more easily track services throughout the system. Additionally, AmberPoint uses a patent-pending message fingerprinting technology to discover service interdependencies across platforms (language, application server and operating system) throughout the enterprise. * Automated service discovery * Automated discovery and graphical representation of service interdependencies * Dynamic assignment of service level agreements and performance targets * Graphical representation of services network * Virtualization of services: Hides users and dependent services from changes and rearrangements of service definitions. * Visualization of exceptions: graphical representation for root cause analysis Managing the Management System The reliability of the management system itself is critical to the success of Web services-driven business initiatives. AmberPoint has introduced new capabilities that ensure optimal reliability and performance from the management system. * Recoverable management system: AmberPoint can automatically rebuild its critical management information in case of disk failure. * No single point of failure: There is no single point of failure than can disable processing of a service. Massive Scalability AmberPoint supports high transaction volumes, handling thousands of active service level agreements across multiple customers and services. AmberPoint has also streamlined the user experience for customers with higher transaction volumes by simplifying the creation of policies and allowing for simpler, hierarchical categorization of QoS data. Additional new scalability features include: * Baselining: Users can set service levels and thresholds based on averages and relative variances, which are automatically tabulated by AmberPoint. * Data model optimization: The methods for writing, reading and storing data are optimized for different data models "From working closely with our customers, we've seen firsthand their evolving requirements for management, and we release new products to stay ahead of those market needs," said Paul Butterworth, AmberPoint CTO. "The architectural underpinnings of our management platform remove the burden of implementing our product upgrades. Our customers can add new management capabilities such as interdependency tracking without having to recode their services." Related News In other news today, AmberPoint announced the close of an $8.2 million funding round (see related release, "AmberPoint Secures $8.2 Million in Third-Round Funding"). About AmberPoint AmberPoint is the leading provider of management software for service-oriented architectures (SOA). With its modular, distributed architecture, AmberPoint radically simplifies the management and evolution of service-based business solutions. For more information, contact AmberPoint at 510.663.6300 or info@amberpoint.com, or visit the company website at www.amberpoint.com for a complimentary developer's edition of AmberPoint software. # # # AmberPoint Secures $8.2 Million in Third-Round Funding Existing Investors Are Joined by Motorola Ventures in Series C Financing for Leading Service-Oriented Management Vendor Oakland, Calif., June 21, 2004 - AmberPoint, Inc. today announced that it has completed an $8.2 million third round of funding from existing investors Crosslink Capital, Norwest Venture Partners and Sutter Hill Ventures, as well as new investor Motorola Ventures, the equity investment arm of Motorola, Inc. (NYSE: MOT). To date, the service-oriented management leader has raised $30.8 million in funding. The funding will be used to expand engineering operations, customer support, sales and marketing. AmberPoint will also continue its worldwide expansion. In addition to opening new domestic sales offices in Chicago and New York, the company recently added European technical support and opened sales offices in London and Paris. "AmberPoint has continued to demonstrate product leadership, customer traction and the resulting revenue growth," said Promod Haque, managing partner at Norwest Venture Partners. "As the adoption of service-oriented systems grows, the comprehensive management capabilities AmberPoint provides become more and more crucial for enterprises. With its growing roster of marquee customers, strong industry alliances and excellent management team, AmberPoint is well positioned to expand its lead in the market." "During our process of selecting AmberPoint as our enterprise-wide Web services management solution at Motorola, we evaluated not only product capabilities but also the pedigree of the company, the experience of its management team and its opportunity to capitalize on this growing market," said Warren Holtsberg, corporate vice president and director of Equity Investing, Motorola, Inc. "What we found in AmberPoint was a very strong company that intrigued us on multiple fronts." "This funding demonstrates broad interest from the investment community and strong support from our existing investors," said John Hubinger, AmberPoint President and CEO. "We're extremely pleased to have closed this up round of funding in such a competitive marketplace. With these additional funds, AmberPoint is well positioned to deliver additional market-leading solutions, expand our global reach, continue to deepen our alliances with other industry leaders and build on our strong initial revenues." In other news today, AmberPoint announced a new release of its software (see related release, "AmberPoint Announces New System Release with Enhanced Capabilities for Larger Scale Service-Oriented Applications"). With its uniquely non-invasive approach for managing distributed, heterogeneous service-oriented systems, AmberPoint integrates into any environment to quickly deliver comprehensive management, monitoring and security capabilities without requiring additional coding to Web services or other system components. AmberPoint is the first service-oriented management vendor with solutions that run natively in both .NET and Java, enabling its software products to fully leverage the advantages of both prevailing service-oriented platforms. About AmberPoint AmberPoint is the leading provider of management software for service-oriented architectures (SOAs). With its modular, distributed architecture, AmberPoint radically simplifies the management and evolution of service-based business solutions. For more information, contact AmberPoint at 510.663.6300 or info@amberpoint.com, or visit the company website at www.amberpoint.com for a complimentary developer's edition of AmberPoint software. # # #
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