BlueStripe News

4/21/2009 | Recognition Validates BlueStripe's Leadership Position in the Application Service Management (ASM) Market

RTP, N.C. – April 21, 2009 – One day after securing an additional $8 million in funding, BlueStripe Software, the only provider of APM 2.0 solutions for dynamic data centers, today announced that it was named to the first annual listing of the InformationWeek Startup 50, revealed in the April 20th edition of InformationWeek Magazine and on InformationWeek.com.

InformationWeek’s Startup 50 is a list of the top 50 business technology startups selected by InformationWeek readers and editors.  Companies were selected in a three-step process that involved nomination, online voting, and editorial vetting.  The technologies and the companies behind them were evaluated on the following criteria:

• Innovation and their ability to inject new ways of doing things into business processes
• Value, which is reflected in lower costs, increased sales, higher productivity, or improved customer loyalty
• Enterprise-readiness, meaning that a product or service scales and can be deployed and managed as necessary by IT pros

BlueStripe’s flagship application management product, FactFinder, enables enterprises to successfully stage, deploy, and manage business-critical applications.  FactFinder provides the application discovery and unique service-level driven capabilities for application support with unsurpassed intelligence into the performance and behavior of these applications.  This allows users to understand the structure and relationship of their applications to efficiently manage them, identify performance issues, and perform triage to resolve issues quickly.

Industry analysts continue to see growth in the virtualization market as enterprises strive to lower costs and realize IT infrastructure resource gains in today’s economy.  “Today’s organizations are pushing hard to realize the benefits of virtualizing their systems, but new challenges are arising as easy conversions are completed,” said BlueStripe co-founder and CEO Chris Neal.  “The IT management problems that BlueStripe set out to solve — application visibility and management capabilities across any environment — are certainly resonating with the market.  We’re privileged to be playing such a significant role in defining what we believe will be an important class of products and technology that is helping enterprises address a new set of IT management challenges.” 
 
FactFinder is the industry’s only solution to enable enterprises to stage, deploy, and manage business-critical applications during physical to virtual (P2V) conversions, new application roll-outs, and production deployments.  By bridging the gap between enterprise applications and the new virtual environments on which they are being deployed, FactFinder gives IT support teams the management visibility, the tools to measure, and the ability to triage their critical business applications.

“It was difficult to limit ourselves to 50 startups because there’s a lot of exciting companies out there,” said Andrew Conry-Murray, Business Editor, InformationWeek.  “That said, we believe the InformationWeek Startup 50 have innovative solutions to critical business problems and are worthy of enterprise consideration.”

InformationWeek editors and readers identified young companies that are ready to address the critical challenges facing the enterprise.  Whether it is securing networks, cutting costs or streamlining IT operations and business processes, the InformationWeek Startup 50 provides IT professionals and executives insight on new and innovative solutions from the named companies.

Since launching the company in September 2008, BlueStripe has garnered extensive attention, including IDG’s Network World selecting the company as one of its “10 IT Management Start-Ups to Watch”; eWEEK identifying BlueStripe’s FactFinder as an IT Infrastructure “Product to Watch”; and FactFinder was a Best of VMworld 2008 Finalist by TechTarget Inc.’s SearchServerVirtualization.com in the application and infrastructure management category.

The full list of the InformationWeek Startup 50: Business Technology Companies To Watch, along with analysis by InformationWeek editors, can be found online at www.informationweek.com.
 

About BlueStripe Software

BlueStripe Software provides the only Application Performance Management solution that gives IT Organizations the visibility into exactly what IT components make up important business applications, where the application transactions go in those systems, exactly where transactions are spending time and why.  BlueStripe’s flagship application management product, FactFinder, provides 24x7 application monitoring and problem management for important production applications across any application architecture, across any server platform: physical, virtual or cloud.

Based in the Research Triangle Park (RTP) area of N.C., BlueStripe is led by an executive team that has built some of the industry’s leading enterprise application management companies, including Wily Technology, Relicore, Computer Associates, Remedy and IBM/Tivoli. For additional information, please visit http://bluestripe.com.

About InformationWeek

InformationWeek (www.informationweek.com) is the anchor brand for the InformationWeek Business Technology Network – a powerful portfolio of resources that span the technology market, including security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com, cloud computing with PlugIntoTheCloud.com, and Internet innovation with InternetEvolution.com. InformationWeek magazine reaches 440,000 business technology professionals at more than a quarter million unique locations. Its mission is to help CIOs and IT executives define and frame their business technology objectives. InformationWeek.com delivers breaking news, blogs, high-impact image galleries, and proprietary research as well as analysis on IT trends, a whitepaper library, video reports, and interactive tools, all in a 24/7 environment.

About TechWeb

TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events such as Interop, Enterprise 2.0, Web 2.0, Black Hat and VoiceCon; online resources such as Informationweek.com, Light Reading, Intelligent Enterprise, bMighty.com, and the Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, market research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
_{*13.3 million business decision-makers: based on # of monthly connections across TechWeb brands.}