Coradiant
| Private | |
| Founded | 2000 |
| Headquarters | San Diego, CA, USA |
|
Key people
|
Brett Helm (former CEO and Chairman), Ali Hedayati (President), Andy Kaiser (SVP), Matt McSweeney (SVP), Cary Goldwax (VP), Bernard Gagnon (VP), Fred Dumoulin (VP) |
| Products | TrueSight BI, TrueSight AIM, TrueSight WA, TrueSight Edge, End-User Experience Management |
| Website | http://www.coradiant.com/ |
Coradiant provides Web Application Performance Management products which enable organizations to better manage and troubleshoot Web Applications. BMC Software, Inc acquired Coradiant on 28 April 2011 for $130 million in cash.
In 1997, Alistair Croll and Eric Packman founded Networkshop in Montreal, Quebec, Canada. The company worked on highly available web infrastructures, publishing reports and studies on subjects such as Load Balancing and SSL Performance. It also added Jean-François Dumoulin as co-founder, and grew to roughly 15 employees.
As part of its research, Networkshop developed a method for virtualizing the front-end infrastructure of web hosting systems. Working with a variety of firewall, load-balancer, switch, and cryptography vendors, the company deployed this shared infrastructure in a Montreal data center run by UUNET, and connected it to customers' servers within the same data center.
In late 1999, Cary Goldwax and Thanos Moschopoulos joined the company and, along with the existing founders and RBC's Benn Mikula, renamed it Coradiant. The name was a reflection of the shared duties of running highly available web infrastructure, literally, "brilliant together."
The company, backed by seed funding from Brett Helm, started fundraising in early 2000 to expand the shared infrastructure model to other cities. In late 2000, the company signed a US$20M Series A financing, at the time the largest in Canadian history. The financing closed in early 2001. That year, the company also moved Canadian offices into larger space in Montreal's Windsor Station building.
The company's headquarters moved from Montreal to Boston, Massachusetts, but engineering and product development remained in Montreal. Coradiant's virtualized infrastructure, dubbed "OutSmart", was deployed in a variety of data centers in North America belonging to Colo.com, Internap, Sprint, and others, and the company opened offices in San Francisco, New York, and London, England. Mike Chuli joined the company as CEO in mid-2001.
With the contraction of the dot-com and Application Service Provider sector, however, the financial advantages of shared infrastructure were no longer attractive; and Coradiant's OutSmart products could only be sold to tenants of data centers in which the virtual infrastructure was deployed. To address this, the company took its customer-facing management interface, known as OutSight, and made it available to customers who weren't in data centers in early 2002.
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Wikipedia