|[February 05, 2014]
CopperEgg Posts Record Growth for 2013, Announces Chad Bockius as CEO
AUSTIN, Texas --(Business Wire)--
today announced year-end results for 2013, achieving 380 percent growth
in monthly recurring revenues year-over-year, and adding 440 new
customers. The company also named Chad
Bockius as CEO, Heidi Farris as vice president of marketing, and
Chris Yndo as vice president of sales.
Growth was fueled by strong demand for CopperEgg's end-to-end cloud
performance monitoring solutions, as well as its newly released
Application Performance Management feature - Real User Monitoring (RUM).
CopperEgg now provides comprehensive monitoring of cloud infrastructure
and applications designed, priced and packaged to cover the complete
"The cloud has become non-negotiable for businesses that want to
optimize customer experience and competitive advantage while minimizing
the cost and complexity of their IT infrastructure," said Bockius.
"We've seen tremendous success this year as more customers move from
cloud pilots to production environments, and need to better understand
how application and server performance affects real user experience. As
cloud adoption accelerates, I expect demand for our lightweight,
affordable solutions to only increase."
Year-end highlights for 2013 include:
Strong sales: Monthly recurring revenue grew 380 percent
year-over-year, including 440 new customers. Key wins included: Comcast,
HomeAway, Juniper Networks (News - Alert) and Real Networks, with strong momentum
across all industry verticals. CopperEgg now processes more than 100
billion metrics per day, helping DevOps users and cloud-dependent
businesses maximize visibility, minimze false alarms and optimize
Product innovation: CopperEgg debuted
its RUM solution for cloud-based applications, providing complete
visibility across servers, websites, applications and end users in
public, private and hybrid
cloud environments. The company also continued to deepen its
partnership with Amazon with the release of its application-aware cloud
sizing tool to track the usage of current systems and provide
optimal AWS EC2 instance recommendations. The tool analyzes the usage of
applications and makes predictions based on algorithms. It also includes
new capabilities to create custom dashboards including executive
displays, role-based views and more.
Industry accolades and Thought leadership: Enterprise Management
Associates named CopperEgg "A Vendor to Watch" for its SaaS (News - Alert)-based APM
monitoring optimized for elastic cloud environments. In addition,
CopperEgg speakers presented at several industry thought leadership
events, including the AWS
Summit 2013 and #ChefConf 2013, where they demonstrated enhancements
Corporate growth: CopperEgg expanded the breadth and depth of its management
team, announcing the appointment of Chad Bockius as CEO, Heidi
Farris as vice president of marketing, and Chris Yndo as vice president
of sales. The company more than doubled its number of employees, and
recently moved into a larger corporate headquarters.
CopperEgg provides end-to-end server and application performance insight
into your production environment minus the cost and complexities of
old-school legacy platforms. Whether you're running your servers and
apps in the closet or in the cloud, CopperEgg's lightweight monitoring
solution scales to billions of transactions a day while delivering
real-time performance monitoring. Get everything you need and nothing
you don't in a production-ready package that's easy to-use and easy to
afford. For more information on monitoring your complete hybrid
technology stack visit www.copperegg.com.
CopperEgg is a wholly owned subsidiary of Idera Software Inc.
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