SAN FRANCISCO – April 24, 2014 – AppDynamics, the application intelligence leader for the software-defined business, today announced the appointment of Chuck Robel, former McAfee chairman of the board and current board member at publicly held technology companies Informatica, Palo Alto Networks, Jive Software and Model N.
Mr. Robel brings stellar experience and background to the board of AppDynamics which includes Jyoti Bansal, founder and CEO of AppDynamics, Asheem Chandna of Greylock Partners, Ravi Mhatre of Lightspeed Venture Partners and Dev Ittycheria, former CEO of BladeLogic and former president of the Enterprise Service Management business of BMC Software.
Robel currently serves as the lead director of Informatica, the largest independent data integration company, and sits on the boards of Jive Software (IPO in 2011), Palo Alto Networks (IPO in 2012) and Model N (IPO in 2013). In addition he serves on the board of privately held Go Daddy Group.
AppDynamics is the recognized technology leader in application performance management and recently announced record-breaking growth in its fiscal year ending Jan 31, with a 175 percent year-over-year increase in bookings and an annualized bookings run-rate of more than $100 million in its fiscal fourth quarter. Additionally, the company increased its customer base from 500 to over 1,000 across multiple verticals including financial services, media, retail, telecommunications, transportation and healthcare. Robel’s appointment comes as the company continues to attract bellwether brand customers around the world including DIRECTV, NBC Universal, StubHub and Weight Watchers.
"We are honored to welcome Chuck Robel to the AppDynamics Board of Directors as we continue our mission to become the next great public software company," said Jyoti Bansal, founder and CEO of AppDynamics. "Robel's impressive background and proven board leadership at hyper-growth and public companies is a perfect complement to our diverse board. Chuck’s appointment further bolsters our company's record year of growth, revenue and innovation.”
Robel said, “I have had the privilege of serving on the boards of several remarkable companies over the years, but never have I seen a company as well positioned for huge growth and long term success as AppDynamics -- and they have the execution proof to back it up."
Robel continued, “the rare combination of a Gartner Magic Quadrant-leading product portfolio in application performance management, an accomplished management team, and inspiring corporate culture have resulted in the attraction of world-class customers -- and the company has really just scratched the surface. I look forward to being a part of AppDynamics’ continued success and upward trajectory.”
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