AmberPoint Receives Investment from SAP Ventures® Monday 23 April 2007 PDF Print Additional Funding for SOA Runtime Governance Leader Includes New Investment from SAP Ventures and Full Participation by All Existing Investors Oakland, California, April 23, 2007 – AmberPoint, the leading provider of service-oriented architecture (SOA) runtime governance software, today announced that it has secured an investment from SAP Ventures, the venture capital arm of SAP AG, the world’s leading provider of business software solutions. Joining SAP in this $9 million of additional funding are all of AmberPoint’s existing investors, including Crosslink Capital, Meritech Capital Partners, Motorola Ventures, Norwest Venture Partners and Sutter Hill Ventures. “SOA enables enterprises to build mission-critical platforms with increased flexibility, adaptability and cost efficiency. We believe a critical factor for the successful implementation of a SOA blueprint is an effective governance and management framework,” said Andreas Weiskam, Partner at SAP Ventures. “We were impressed with AmberPoint’s management team and their leadership in the SOA space, where they’re tackling some of the market’s most challenging issues. In light of rapidly increasing corporate adoption of SOA and AmberPoint’s innovative product development in support of SAP NetWeaver, we are very confident in AmberPoint’s ongoing success.” “Runtime governance is absolutely critical to gaining business value from SOA, and in this area AmberPoint is the clear leader,” said Promod Haque, Managing Partner, Norwest Venture Partners. “We are impressed by the number of leading software companies that now leverage AmberPoint’s technology and the market opportunities resulting from these partnerships. We’re glad to participate in this latest funding and welcome the addition of SAP Ventures, who bring valuable expertise at helping companies to work more effectively with SAP.” AmberPoint will use the additional funding to increase its worldwide sales presence, expand its ability to deliver world-class products and extend its customer support teams to accommodate a growing roster of customers and partners. AmberPoint leads its market with the most signed customers and the most customers in production of any company in the rapidly growing SOA runtime governance market. “We continue to see growing validation for our accomplishments in this market,” said John Hubinger, AmberPoint CEO. “As we build on our success as a strong, independent company, it’s critical that we are able to make investments toward our continued growth. This funding had the full participation of existing investors, the addition of SAP Ventures and another increase in valuation. We expect this to be our last funding, as we’re now approaching our profitability targets. This year will prove to be a very successful year for us and we appreciate the confidence our investors have in our company and our products.” In the past year AmberPoint has reached many significant milestones, including completing significant agreements with industry leaders BEA, Microsoft, SAP and TIBCO. AmberPoint also received acknowledgement for its award-winning customer implementations—including the Network World Enterprise All-Stars Award, the Infoworld 100 and the Technology Managers Forum Best Practice Award. In addition, AmberPoint released several industry firsts, including an agentless architecture for SOA governance, a Service Scorecard and “first-mile” security capabilities. About SAP Ventures Established in 1996, SAP Ventures is the corporate venture investing arm of SAP AG. The fund focuses on information technology investing, with an emphasis on enterprise technologies and services. The team has amassed a track record of outstanding financial returns while providing a window on innovation to the SAP Ecosystem. The team works closely with their portfolio companies, providing advice and guidance and helping them connect with SAP and SAP's partners. CommerceOne, MySQL, RedHat, WebEx, and Virsa (SAP) are just a few of the companies in which SAP Ventures has invested. For more information please visit http://www.sap.com/company/sapventures/index.epx About AmberPoint AmberPoint’s industry-leading SOA runtime governance software simplifies visibility and control of complex SOA systems. More than 100 leading organizations have chosen AmberPoint’s policy-based solutions to manage the health and well being of their distributed, heterogeneous service networks. For more information, contact AmberPoint at 510.663.6300 or email@example.com, or visit www.amberpoint.com for a complimentary developer's edition of AmberPoint software. Press Contacts: Bob Dever AmberPoint, Inc. Tel: 510.433.6553 Email: firstname.lastname@example.org Vanessa Land Devonshire Marketing Tel: 0870 242 7469 Mob: email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of Devonshire Marketing in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.