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.–(EMWPresswire)–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:

  • More than 200 customer installations worldwide

  • 300 percent year-over-year business growth since 2005

  • $9.5 million in new funding raises total investment to $36M

  • Key strategic partnerships

  • New North American headquarters and expanded staff

Customers of Crescendos flagship product, AppBeat

DC the industrys

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. Its

critical that our content loads rapidly and consistently to facilitate

this process and meet demand, said Peter

Amiri, CTO at AdEngage. “Crescendos

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 industrys

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 Gaash,

CEO of Crescendo Networks. Our unique

ability to deliver full feature concurrency and performance at scale is

critical for meeting the needs of the webs

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 DCs 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 DCs

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 industrys 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

Crescendo Networks is

the recognized performance leader for accelerating and optimizing the

delivery of business-critical, Web-enabled applications. The companys

unique multi-tier application architecture dramatically improves the

operation of today’s demanding application infrastructure. The worlds

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

application

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.

VOXUS PR for Crescendo Networks
Justin Hall, 253-853-5151, x234
jhall@voxuspr.com

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