Wednesday, December 17, 2014 Last update: 1:33 PM
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AppNeta Names Matt Stevens as President and CEO

Companies mentioned in this article: AppNeta

BOSTON -- (BUSINESS WIRE) -- AppNeta, the leading provider of full stack application performance management solutions, today announced the appointment of Matt Stevens as CEO. Stevens is a founder of the company and has been CTO and President for the past several years. In that role, Stevens led the company expansion into the growing web-based APM market. In his new role, Stevens will be responsible for all corporate, business and product operations worldwide.

Reinforcing its standing as the leader in web application monitoring solutions, Stevens will guide AppNeta during its next stage of rapid customer and revenue expansion. He assumes AppNeta’s top executive role from Jim Melvin, who has served as the company's chief executive officer since 2009. Under Melvin's leadership, AppNeta enhanced its solutions portfolio, secured top-tier global customer wins and developed a suite of new offerings. Melvin is transitioning from AppNeta’s day-to-day management but will remain an active participant on the AppNeta Board of Directors.

“APM is an area of intense innovation and customer demand within the availability and performance monitoring markets,” said Jack Sweeney, Board Chairman of AppNeta. “Matt Stevens has lead our expansion into the web-based sector of this market and provides the technical vision and product expertise to continue the company’s aggressive product innovation and solution growth.”

“When applications are either slow or unavailable, the business suffers. Matt has both the technical and business leadership to position AppNeta to satisfy this intense customer need and earn a huge piece of the APM market,” said Ben Nye, Managing Director at Bain Capital and AppNeta board member.

AppNeta's full stack APM solution provides the capabilities for managing the performance of all major web development platforms and all major Software-as-a-Service (SaaS) applications.

“AppNeta is the only solution to provide a SaaS-based full stack performance view, from the application through the network to the end user,” said Matt Stevens, CEO and President at AppNeta. “AppNeta uniquely addresses the needs of Development and IT professionals who build, operate, and support business-critical web applications in production today.”

About AppNeta

AppNeta is the Full Stack Application Performance Management (APM) technology leader, providing integrated performance visibility that spans the application code, through the network, to the end user. AppNeta's SaaS solutions give Development, Application and IT Operations teams broad, detailed performance data to see across their web, mobile and cloud-delivered application environments and pinpoint tough performance bottlenecks. With AppNeta, customers have all of the performance data they need to assure ongoing and exceptional delivery of business critical applications and end user experience. For more information, visit www.appneta.com.


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Contact:

For AppNeta
Beth Bryant, 508-786-3013
bbryant@marketrecognition.com