Coradiant, Inc.™, a leader in real-user monitoring equipment for Web operations teams, today announced that Dixon Doll, who founded and is managing general partner for DCM – Doll Capital Management, has joined Coradiant’s board of directors. DCM is an existing Coradiant investor and led the company’s most recent round of venture funding in August 2005.
“DCM has been consistently impressed with the company’s innovation, disciplined organization, strong customer traction and growing industry leadership in an increasingly important and lucrative market segment,” said Doll. “We continue to see tremendous opportunities for Coradiant as more and more mission-critical Web operations migrate to real-user monitoring and generate accelerating demand for the company’s products. I am delighted to serve on the board and help contribute to their continuing success.”
Dixon has been active as a venture capitalist for over 20 years and has been recognized by Forbes magazine as one of the top 100 venture investors on the Midas List for the past four years. Prior to becoming a venture capitalist, Dixon was the founder and chief executive officer (CEO) of the DMW Group, an internationally recognized strategic consulting firm focused on the telecommunications and networking sectors.
“Coradiant is entering an important chapter as we continue to prove the value of the emerging real-user monitoring category at more and more customer sites throughout the world,” said Brett Helm, Coradiant CEO. “Dixon’s valuable insights, gained over 35 years of hands-on management in the Internet and communications industries, will help us to expand our operations while executing key growth initiatives in this rapidly evolving market segment.”
Coradiant’s technology enables a new category of easy-to-install data monitoring equipment that is capable of seeing and reporting actual performance as experienced by every user, in each session, in real time. Easy to integrate with enterprise management software systems, the equipment features no-risk, drop-in installation, and produces results in less than an hour. Drill-down incident management and analysis can be used to uncover, diagnose and repair even transient, hard-to-find issues in minutes rather than days or weeks.
Founded in 1997, Coradiant initially was a managed service provider that worked on production-grade web applications in some of the world’s most demanding network environments. This expertise gave Coradiant unique insight into Web application performance monitoring requirements and led the company to design and develop the world’s first technology for transparently monitoring, collecting and classifying real-user Web sessions, in real time.
About Coradiant
Coradiant’s unique, user-centric approach to datacenter performance monitoring quickly delivers accurate operational information in business-relevant formats. The company’s award winning technology gives IT operations and network managers a real-time understanding of the user’s web experience without the complexity, cost and risk of traditional performance management approaches. For more information please see www.coradiant.com.
About DCM-Doll Capital Management
DCM is a top-performing venture capital firm supporting entrepreneurs building early stage technology companies. DCM partners manage over US$1billion and have funded leading technology companies including 2Wire, 51job (Nasdaq: JOBS), About.com (The New York Times Co.), All About (JASDAQ: 2454), @Motion (Openwave), Fortinet, Foundry Networks (Nasdaq: FDRY), HireRight, Internap (AMEX: IIP), IPivot (Intel), JCI (Nasdaq Japan – Hercules: 9424), Kabu.com (TSE:8703), nQuire (Siebel), PGP Corporation, Recourse Technologies (Symantec), Sigmatel (Nasdaq: SGTL), SMIC (NYSE: SMI), and UUNet (MCI). DCM offers hands-on operational guidance and access to an extensive network of resources, including close relationships with many of the Pacific Rim’s leading companies and investors. For more information, please visit DCM’s website at www.dcmvc.com.
