Software Market Disruptor AppDynamics Adds Industry Leaders Walter Berger and Steven Wastie to Help Architect Company Growth

SAN FRANCISCO, Oct. 17, 2013 /PRNewswire/ -- AppDynamics, Inc., the next-generation application performance management (APM) company that simplifies the management of complex web applications, announced today that Walter Berger, recent CFO of IBM-acquired SoftLayer, and Steven Wastie, a marketing leader formerly with Xirrus, have joined the company as Chief Financial Officer and Chief Marketing Officer, respectively. The two seasoned technology executives bring a track record of corporate, start-up and enterprise success to AppDynamics, strengthening the company's tenured team.

"AppDynamics is on a path to become the next great software company, and to do that we need strong leadership in both finance and marketing," said Jyoti Bansal, Founder and CEO of AppDynamics. "Walter and Steven are proven pros that, along with the existing bench of AppDynamics executives, will help propel AppDynamics forward in accelerating company growth and expanding our addressable markets."

Walter has led as a Chief Financial Officer for many public and private companies. Most recently, he was CFO of SoftLayer, a major infrastructure-as-a-service cloud computing company, which was acquired by IBM earlier this year. Prior to that, he has been CFO of Leap Wireless, CBS Radio, Emmis Communications and LG&E Energy. In the last decade, he has been focused on technology, media and mobility and has also served on a number of boards including non-profit, public companies and earlier stage technology companies. He is a certified public accountant and holds a Bachelor of Business Administration from the University of Massachusetts, Amherst.

Steven brings over 20 years of experience leading global marketing, product management, and business development activities in highly competitive technology markets.  He was most recently CMO at Xirrus, Inc, a leader in high-performance wireless networks where he drove portfolio expansion into cloud and application aware networking services.  Prior to Xirrus he served as senior vice president of marketing and product management at iPass and as vice president of worldwide enterprise and managed services marketing at Juniper Networks, where he was responsible for the enterprise go-to-market strategy, vertical segment marketing, and strategic technology alliances and messaging. Steven holds a Bachelor of Arts in Business Studies and Marketing from London Metropolitan University in the UK.

About AppDynamics
AppDynamics is the next-generation application performance management solution that simplifies the management of complex, business-critical apps. No one can stand slow applications—not IT Ops and Dev teams, not the CIO, and definitely not end users. With AppDynamics, no one has to tolerate slow performing apps ever again. AppDynamics customers include Netflix, Priceline, TiVo, AMICA Insurance, Hotels.com, StubHub, Staples, Insight Technologies, and Cornell University. For more information, visit http://www.appdynamics.com.

SOURCE AppDynamics, Inc.

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