BlueCat’s Rapid Growth Accelerates Despite Global Recession

Aggressive business model results in innovative new products, strategic hires, prestigious awards, VC funding & record worldwide sales

Toronto, Ontario – January 12, 2010 – BlueCat Networks, the IPAM Intelligence Company™, has announced that it has seen its rapid growth accelerate throughout 2009 despite the global recession.  BlueCat’s innovative new products and aggressive business model has resulted in two successive record sales quarters and a U.S. $11 million minority investment from California-based investment firm, Bridgescale Partners.  BlueCat will invest its new revenues on research and development, strategic hires and the continued growth of its global channel program to further drive its expansion worldwide.

BlueCat’s rapid growth in 2009 resulted in it being ranked in both the Deloitte Technology Fast 50 and Deloitte Fast 500 as one of North America’s fastest growing companies.  BlueCat also received a “Positive” rating in Gartner’s 2009 MarketScope for DNS, DHCP and IP Address Management (DDI) products.

Additionally, BlueCat’s innovative IPAM and DNS/DHCP solutions garnered the GCN (Government Computer News) “Reviewer’s Choice” designation.  The full GCN review, available Here, applauds Proteus for simplifying the tracking of IP addresses and DHCP leases – which is becoming an increasingly difficult task as the number of devices accessing the network increases.

“In days gone by, all an administrator needed for keeping track of [IP] addresses in the network was a simple spreadsheet,” wrote Greg Crowe, Technology Analyst at Government Computer News in his review.  “But networks have become larger and more complex, requiring more powerful tools,” Crowe continued.  “The Proteus IP Address Management platform from BlueCat Networks is just that sort of tool.”

BlueCat’s unified approach, which enables management of all network services, including DNS and DHCP, from a single Proteus IPAM interface, has been embraced by such organizations as Georgia Tech, AirTran and Boise State University>.

“In a recession companies must evolve or die, and BlueCat has pushed the envelope in both the evolution of innovative technology – such as the world’s first virtual IPAM solution – and the expansion of its global channel program to open up new markets worldwide,” said Michael Hyatt, CEO & Co-founder, BlueCat Networks.  “Despite the global recession, this successful strategy resulted in record sales for the last two quarters and a U.S. $11 million minority investment from California-based investment firm, Bridgescale Partners,” Hyatt continued.  “That being said, we cannot rest on 2009 successes, and so will utilize the revenues in 2010 to further enhance our award-winning product line and continue the rapid expansion of our global channel program – to further cement BlueCat’s position as the IPAM and DNS/DHCP leader worldwide.”

To oversee and execute its global business strategy, BlueCat has assembled an impressive team of experienced executives with proven track records.  Tasked with continuing BlueCat’s impressive growth in 2010, BlueCat’s new executives include:

-          Luc Roy, VP of Product Management and Marketing – further building the brand and spearheading the company direction

-          Rory Hochman, VP Customer Care – managing customer growth while creating a world class service powerhouse

-          Israel Forst, VP Professional Services – helping customers smoothly migrate legacy systems to enriched IPAM services

BlueCat’s physical and virtual appliances integrate with BlueCat’s own Adonis DNS/DHCP appliances and Microsoft Windows DNS and DHCP to make it simple for administrators to fully integrate IP inventory tracking and allocation, along with DNS and DHCP management.  Administrators can design networks with a simple conceptual view, then deploy and manage them across the organization.  When managing DNS and DHCP, BlueCat’s Proteus IPAM solution becomes “mission control”, offering full command, control and customization of configurations from a centralized and secure Web-based interface to make it simple to eliminate all IPAM problems.

About BlueCat Networks

BlueCat Networks, the IPAM Intelligence Company™, is a profitable, rapidly-growing leading provider of enterprise-class IP Address Management (IPAM) platforms and secure DNS/DHCP network administration appliances. Today, thousands of BlueCat’s award-winning Proteus™ IPAM platforms and Adonis™ family of DNS/DHCP appliances have been successfully deployed to meet the rising IP management demands of government, military, financial services, retail and manufacturing organizations worldwide. Find out why more Fortune companies choose BlueCat solutions to gain complete, centralized Command and Control of their IP networks at www.bluecatnetworks.com.

Proteus, Adonis, IPAM Intelligence, IPAM Intelligence Company, IPAM for Everyone, IPAM goes Virtual and BlueCat Networks are trademarks of BlueCat Networks Inc, and/or BlueCat Networks (USA) Inc.  Other products mentioned here in may be trademarks and/or registered trademarks of their respective owners.