Deal Radar 2008: AmberPoint

AmberPoint is the industry leader in SOA (Service-oriented Architecture) visibility, management, and security software. The company’s software is used in 63 countries on six continents. AmberPoint works closely with other platform providers and system integrators to provide companies with the advantage of standards-based application architecture. Their solutions take a non-invasive, policy-based approach which uses .NET and Java to integrate with the enterprise.

Their three main products are AmberPoint SOA Management System, which is an all-inclusive platform to control SOA-based applications; AmberPoint SOA Validation System, which enables users to authenticate the functionality and performance of new or modified SOA artifacts; and AmberPoint Express, which is a complementary tool that allows developers to measure and adjust the performance and functionality of their web services. 

AmberPoint was founded in 2001 by John Hubinger, president and CEO, and Paul Butterworth, CTO. Hubinger has several years of experience with software platforms and products at Sun Microsystems and IBM and has led two other startups, Camenco and KnowledgeWare, to IPO. Butterworth won the InfoWorld CTO 25 award in 2007 and was previously CTO for Forte Tools at Sun. 

Total funding stands at $50.1 million, including a $13.6 million Series B led by Crosslink Capital and previous investors Norwest Venture Partners and Sutter Hill Ventures; an $8.2 million Series C in June 2004 from existing investors Crosslink Capital, Northwest Ventures, Sutter Hill and new investor Motorola; and a $10.3 million Series D led by new investor Meritech Capital Partners and all previous investors in March 2006. In April 2007 they raised $9 million in a Series E round led by SAP Ventures, which was joined by all of the existing investors. 

An article in ITBusinessEdge discusses how the use of SOA and integration in today’s corporations is becoming less popular. Of 450 decision-makers surveyed, only 18% applied SOA, a drop from 2006.  Although AmberPoint is a leader in this industry, they too may feel the pinch of this slowdown.         

Related Readings:

* Business 2010
* Rearden Commerce – Contextual Services
* Trend Radar 2008: SaaS in the Enterprise

This segment is a part in the series : Deal Radar 2008