Replay Solutions Receives $11 Million Investment From Sigma Partners, Hummer Winblad...

Replay Solutions Receives $11 Million Investment From Sigma Partners, Hummer
Winblad and Partech International

REDWOOD CITY, Calif., Aug. 27 /PRNewswire/ -- Replay Solutions, Inc., a
provider of innovative solutions for maximizing software quality, today
announced the company has secured $11 million in Series B financing from three
prestigious venture capital firms -- Sigma Partners, Hummer Winblad and
Partech International. Replay, whose "DVR-like functionality for software,"
eliminates software issues by recording exact executions of programs and
replaying recordings to fast-forward to every moment of error, will use the
funds to extend sales and marketing reach and accelerate internal research and
development work.
Replay enables companies, teams or individuals to record their software
applications and servers at any stage of the application lifecycle. The
company's flagship product -- ReplayDIRECTOR -- virtualizes and re-executes
applications, so that when errors occur, users can fast-forward directly to
the root cause. ReplayDIRECTOR will reproduce any application errors and can
be coupled with any standard debugger, profiler or diagnostic tool to quickly
correct errors in the code and optimize workflows.
Since its start in 2004, Replay has filed five patents for its technology.
Replay has won enterprise customers from financial services, commercial
software, consumer services, entertainment companies, and other major
verticals. Replay Solutions also has completed a worldwide licensing deal with
Electronic Arts and entered into a strategic partnership with HP in the
Enterprise Management Alliance Partner program, among other partnership deals.
"Our vision at Replay Solutions is to eliminate inefficient software
quality practices and provide real solutions to the challenges of building,
testing and managing complex, distributed software applications," said
Jonathan Lindo, CEO of Replay Solutions. "Record and replay methodology has
dramatically increased the productivity of development, test and operations
teams and has set a new status quo for intuitive problem resolution
technologies. This additional funding will give us more capacity to evangelize
better practices and promote this vision."
Sigma Partners managing director Bob Spinner will join Replay Solutions'
Board of Directors. Spinner joins current board members Mark Gorenberg,
managing director of Hummer Winblad, and Nicolas El Baze, general partner of
Partech International. Replay's Board of Directors also includes the company's
two co-founders, Jonathan Lindo and Jeff Daudel.
"Replay Solutions solves a difficult problem in the world of software
development with a unique and sophisticated product that allows developers and
operations managers to efficiently build and run their applications," said
Spinner. "This solution is applicable to every industry where software
development is involved and our investment will help them take advantage of
this large market."
Replay Solutions will use Series B funding specifically to grow sales,
marketing and engineering departments, expand product lines to address new
markets and pursue additional strategic partnerships with key industry
leaders. The Series B investment is the second by Hummer Winblad and Partech
International, which invested $4.2 million in a Series A round announced in
November 2006.
About Replay Solutions
Replay Solutions optimizes issue resolution across the application
lifecycle. Its flagship ReplayDIRECTOR(TM) solution makes software teams more
productive by taking the guesswork out of finding and fixing bugs in
development, test, and production environments. Headquartered in Redwood City,
Calif., the company was founded in 2004 and is backed by Hummer Winblad,
Partech Ventures and Sigma Partners. For more information, visit
http://www.replaysolutions.com.
ReplayDIRECTOR is a trademark for Replay Solutions. All other trademarks
or registered trademarks are property of their respective owners.
About Hummer Winblad Venture Partners
Hummer Winblad Venture Partners was created in 1989 as the first venture
capital firm focused exclusively on software. As the software industry grew
from PC software to enterprise computing to Internet applications, Hummer
Winblad has been at the forefront - funding the entrepreneurs and the ideas
that helped define these markets. The firm's goal is to provide the capital,
experience and vision that will enable its companies to become leaders in this
new software economy. For more information on Hummer Winblad, visit
http://www.humwin.com.
About Partech International
Founded in 1982, Partech International is a leading global venture capital
firm with $850M under management and offices in the U.S., Europe and Israel.
Partech invests exclusively in Information Technology and the firm's
internationally integrated team of investing partners work together closely to
find the most innovative companies demonstrating high return potential and
disruptive technologies in the Software & Internet, Communications &
Components and Healthcare IT sectors. Partech has a unique 20+ year track
record assisting its portfolio companies to become global market leaders. To
learn more go to http://www.partechvc.com.
About Sigma Partners
Founded in 1984, Sigma Partners is a leading early-stage venture capital
firm. The Sigma team uses their deep operational experience to provide
entrepreneurs with practical strategic counsel through every phase of company
growth. With over $2 billion under management and bicoastal offices, Sigma
invests in innovative technology startups across the United States. The team
is currently investing Sigma Fund 8, a $500 million fund raised in 2007. Some
of the market leading companies in which Sigma has invested include Atria,
Cascade, Clarify, EqualLogic, Internet Security Systems, KLA-Tencor, m-Qube,
Octel, Topio, VeriFone, Vermeer, Vignette and Virtusa. For more information,
please visit http://www.sigmapartners.com.
SOURCE Replay Solutions, Inc.

Jasmine Teer of Page One Public Relations, +1-415-321-2348,
jasmine@pageonepr.com, for Replay Solutions, Inc.