Crescendo Scales to Meet Web Applications’ Need for Speed
2008-08-05 07:00:00
Crescendo Scales to Meet Web Applications’ Need for Speed
Strong Product Demand and Rapid Growth Help Company Reach Key
Customer, Partner, Revenue, Funding and Expansion Milestones
TEL AVIV, Israel, & MENLO PARK, Calif.–(EMWNews)–Crescendo Networks, Ltd., the recognized performance leader in
accelerating and optimizing web applications, today announced it has
reached a number of key milestones in its growth. These milestones
include:
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More than 200 customer installations worldwide
-
300 percent year-over-year business growth since 2005
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$9.5 million in new funding raises total investment to $36M
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Key strategic partnerships
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New North American headquarters and expanded staff
Customers of Crescendo’s flagship product, AppBeat™
DC – the industry’s
best performing Web application delivery solution –
now span markets including online Web commerce, media and
entertainment, financial services, social networking, education,
technology and retail. Among the more than 200 customer installations
are Aéropostale, TriNet, Friendster, AdEngage
and ICBC, along with some of the biggest Web properties in Europe, the
Middle East and Asia.
“Our company serves as the link between
publishers that want to sell ad space on their websites and advertisers
that want to buy ads on the same websites. It’s
critical that our content loads rapidly and consistently to facilitate
this process and meet demand,” said Peter
Amiri, CTO at AdEngage. “Crescendo’s
AppBeat DC is a key component that helps to ensure performance,
efficiency and availability of the web applications for our customers.
We evaluated several different application acceleration solutions, but
AppBeat DC was unmatched in performance and scalability.”
“Newer platforms are more robust and
extensible, and the move toward more complex application environments is
fueling the growth of the market,” said Mark Fabbi, Gartner VP
Distinguished Analyst. “Organizations are deploying ADCs (application
delivery controllers) as a standard part of their data center
architectures, rather than as a response to specific application
performance issues.” (Gartner, “Hype
Cycle for Networking and Communications,”
July 9, 2008)
Recently, Crescendo secured $9.5 million in a third major round of
funding, with The Challenge Fund joining current investors, bringing its
total amount raised to $36.2 million. Over the past year, Crescendo has
stepped up its investment in the United States by establishing its North
America headquarters in Menlo Park, California, and doubling its North
America workforce. It has also established partnerships
with industry leaders like Oracle, IBM and Imperva –
including a strategic OEM relationship with H3C.
“By providing the industry’s
most comprehensive and best performing Web application acceleration and
optimization solution, we help organizations scale to meet the growing
demands of their business,” said Adoram Ga’ash,
CEO of Crescendo Networks. “Our unique
ability to deliver full feature concurrency and performance at scale is
critical for meeting the needs of the web’s
hottest online properties and business-critical enterprise applications,
and we plan to further expand this leadership with broad availability of
an exciting new product category later this year.”
Crescendo recently enhanced its AppBeat DC product with Global
Server Load Balancing (GSLB) and multi-gigabit zero latency
compression features. AppBeat DC’s GSLB
functionality allows organizations to improve application availability
and avoid costly application disruptions. With GSLB, users are
automatically directed to the best performing datacenter location for
their request, improving both efficiency and user experience. AppBeat DC’s
zero latency compression feature compresses content in real time at
speeds up to 3 Gbps, minimizing overall application bandwidth
consumption, eliminating the need for server-level compression and
improving user response time. The end result is increased application
speed and reduced server and network load –
and thus lower IT costs. With the above features and more that will
follow, Crescendo aims at complementing its award-winning core
acceleration technology and broaden its offering to the Web-based
infrastructure world.
About AppBeat DC
AppBeat DC provides high availability, scalability, acceleration and
optimization for Web applications. Unlike competing solutions, AppBeat
DC leverages the industry’s only
purpose-built platform, uniquely designed for maximum performance and
feature concurrency. By offloading servers from process-intensive tasks
and optimizing the delivery of the application to users, AppBeat DC
significantly improves overall application performance, security and
availability while reducing datacenter costs.
About Crescendo Networks
the recognized performance leader for accelerating and optimizing the
delivery of business-critical, Web-enabled applications. The company’s
unique multi-tier application architecture dramatically improves the
operation of today’s demanding application infrastructure. The world’s
largest corporations and fastest-growing web properties rely on
Crescendo for the application performance and efficiency needed to
ensure usability, facilitate rapid business growth, lower IT costs and
capture additional revenue. To learn more about Crescendo Networks’
delivery solutions, visit www.crescendonetworks.com.
Crescendo Networks, the Crescendo Networks Logo and AppBeat are
trademarks or registered trademarks of Crescendo Networks in the U.S.
and other countries. Other names may be trademarks of their respective
owners.
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