Leading Provider of Comercial Open Source Systems and Network Monitoring Highlights 2008 Momentum

Jan. 22, 2009 - PRLog -- Annapolis, MD –  Zenoss Inc., the leading provider of commercial open source systems and network monitoring, today announced tremendous momentum through the end of 2008. In addition to astounding growth in commercial enterprise sales throughout the year, the company raised an additional $15 million of financing, was recognized with many awards including being named a finalist for a Jolt Award in the Enterprise Tools category and secured twice as many downloads as its nearest competitor in commercial open source IT management for 2008.

Zenoss added 110 new enterprise customers during the year, including Carlson Travel, Tyco Electronics, Cap Gemini, Formica and iStockphoto. Others, such as UTStarcom, Medifast, OpSource, OmniPresence, Broadcom, Johns Hopkins and Rackspace, renewed their annual subscriptions. Zenoss has gained the most traction in financial services, federal government, and among leading managed service providers where Zenoss management solutions are now routinely replacing traditional products from the "Big 4" systems management vendors (IBM, HP, BMC and CA).

As a result of this significant growth, Zenoss secured an additional $4 million in new financing from Silicon Valley Bank in December bringing the total raised to $15 million for the year and over $20 million cumulative. Other funding partners include top-tier venture capital firms Grotech Ventures, Intersouth Partners and Boulder Ventures.

According to iStockphoto’s director of IT and infrastructure Brent Nelson, “When we realized that our existing monitoring infrastructure wasn't scaling at the rate iStockphoto was growing we began searching for other solutions. We evaluated numerous proprietary monitoring products but found most were tied to obscure technologies or hidden inside 'black boxes'. In addition to beating the big players feature for feature, Zenoss offered faster release cycles, and great support options, as well as an active user community.” iStockphoto, the world's leading image and video market, sees a royalty free stock image or video file downloaded from its site every single second.

Additional corporate milestones and honors include:
•   Revenue increased by 382 percent over 2007.
•   18,000 Zenoss installations have been used to manage over 1.7 million devices, in 180 countries, on all seven continents.
•   Active Zenoss installations have more than doubled since 2007.
•   The company’s award-winning open source project, Zenoss Core, crossed 875,000 total downloads and the number of community members grew to over 40,000 users.
•   Consistently ranked among the top 10 most active projects on SourceForge.net, the world's largest repository of open source software applications, Zenoss Core was also the site’s most downloaded commercial open source network and systems management product, with over 350,000 downloads in 2008.
•   Industry accolades include InfoWorld BOSSIE - Best of Open Source Software Award in the Network Monitoring category, Venture Capital Deal of the Year by Northern Virginia Technical Council, finalist 19th Annual Jolt Awards - Enterprise Tools, finalist 2008 CODiE Awards - Best Open Source Solution, finalist 2008 Sourceforge Community Choice Award - Best Project for the Enterprise, finalist 2008 Sourceforge Community Choice Award - Best Tool or Utility for SysAdmins.

“Despite a worldwide economic downturn, Zenoss saw explosive growth in 2008 as enterprises embraced the power, simplicity and affordability of our solution. Economic pressures are forcing companies to make smarter choices on their IT infrastructure, and particularly, those tools that manage it. IT managers are moving away from the large capital expenditures required by big four management vendors to a comprehensive open source software offered as a service,” said Bill Karpovich, CEO and co-founder, Zenoss.
Zenoss provides a powerful alternative for IT systems management that delivers a complete solution for monitoring the entire IT infrastructure. The company's portfolio consists of commercial offerings including Zenoss Professional and Zenoss Enterprise, which contain support options and additional functionality (such as native VMware monitoring across the full virtualization infrastructure lifecycle) alongside its flagship open source solution, Zenoss Core.

About Zenoss
Zenoss is a commercial open source software company delivering network, server and application monitoring solutions that offer comprehensive IT management and network monitoring. The result is an IT management solution that is more flexible and easier to deploy, use and maintain – all at a fraction of the cost of traditional IT management suites. Zenoss has won numerous awards, including InfoWorld's BOSSIE for Best Open Source Network Monitoring Solution, Enterprise Open Source Magazine Readers' Choice Award, and Network World's Clear Choice Award. The solutions are helping leading companies—such as the U.S. Marine Corps, Tyco Electronics, SugarCRM, Cap Gemini and Formica—avoid costly IT outages and better support their employees and customers. Zenoss is headquartered in Annapolis, MD and operates offices there and in Austin, TX. To learn more visit www.zenoss.com.

Media Contact:
Cindy Akus
Crossroads PR
cakus@crossroadspr.com
Phone: 919-414-6082