Host Analytics Secures Series B Financing to Accelerate SaaS Corporate Performance Management Leadership

REDWOOD CITY, CA, May 21 (MARKET WIRE) --
Host Analytics, the fastest-growing SaaS corporate performance management
(CPM) vendor, today announced it has completed an up-round Series B
financing that netted the company multiple millions of dollars in
additional expansion capital. Coming off its best year ever and
record-breaking success in Q1, Host Analytics will use the new resources
to accelerate recent momentum. The company is planning to expand its
product suite and will implement aggressive new sales and marketing
programs that solidify its position as a SaaS market leader among
midmarket companies and large enterprises.

With venture capitalists focusing primarily on the biggest and best
opportunities, Host Analytics' Series B round came together quickly.
Existing Host Analytics' investors Advanced Technology Ventures (ATV) and
Trident Capital are joined in the new round by StarVest Partners, whose
previous investment successes include NetSuite and MessageOne, which was
acquired Dell Computer. In conjunction, Deborah A. Farrington, General
Partner with StarVest Partners, will join Host Analytics' board of
directors. A 30-year veteran in financial services with deep experience in
SaaS, Ms. Farrington spearheaded the first institutional investment round
in NetSuite, leading to its $1.6 billion IPO in 2007. She ranks among the
top venture capitalists on the "Forbes Midas List."

"Based on our experience in building leading SaaS companies, Host
Analytics meets StarVest's criteria for a superb investment," said Ms.
Farrington. "It has great management: CEO Jon Kondo is an accomplished
leader who has a history of sales execution and building strong
management teams. It is in a high-growth market: Corporate Performance
Management is an exciting sector within on-demand BI for the mid-market
and mid-sized enterprise, which is poised to grow rapidly. It has a great
value proposition for the customer: with its reasonable annual cost and
sophisticated application, it has the opportunity to be a truly disruptive
technology -- expanding the market by offering a high-quality product at a
much lower price than existing on-premise solutions. With these
attributes, we believe Host Analytics is well-positioned for leadership
in its sector. We are also delighted to be co-investing with Trident and
ATV and look forward to adding value to a winning team."

Despite difficult economic conditions, Host Analytics is growing rapidly.
The company has more than 8,000 active paying users and is consistently
winning business over larger vendors like SAP and Oracle. Host Analytics
is also experiencing growing interest and success replacing business
budget and planning systems built with Microsoft Excel. Mid-market and
large enterprises are choosing Host Analytics because it has the most
mature and comprehensive SaaS CPM suite on the market. Since 2000, the
company has delivered 16 major product releases and is the only SaaS
vendor to offer an integrated suite of budgeting, revenue planning,
financial consolidation and balanced scorecard solutions.

"We were very excited that several potential new investors expressed
interest and recognized the increased value we created with the work and
success over the last year," said Jon Kondo, CEO at Host Analytics. "ATV,
Trident and StarVest are synonymous with investment success and each was
very excited to join the new round. Everyone appreciates the magnitude of
the opportunity before us, and is eager to accelerate the momentum we've
gained in the last year. We are confident that this latest round will help
us more rapidly grab market share and more quickly achieve our goal of
attaining profitability."

"The market acceptance of Software as a Service and emergence of market
leaders continues at a rapid pace even in the current economy," said Steve
Baloff, general partner at Advanced Technology Ventures. "Host Analytics
is a great example of how a solution designed for SaaS can deliver what
the marketplace wants: ease-of-use, quick implementation, a constant flow
of innovation, and fast time-to-value. We believe that Host Analytics is
on a clear path to market leadership and this new investment of funds will
accelerate that process."

"Host Analytics' success is a solid indicator that corporate performance
management is becoming the next big analytic application in the
fast-growing on-demand Business Intelligence market," said Evangelos
Simoudis, managing director at Trident Capital. "SaaS-based CPM is clearly
a better alternative to the inefficiencies and inaccuracy of Excel-based
budgeting and planning, while at the same time delivers a far better value
proposition than legacy on-premise performance management solutions. This
amplifies the disruptive impact of Host Analytics in the performance
management solution market."

"Host Analytics introduces a simple approach for organizations to purchase
and deploy performance management for business needs across finance and
operations and support a broad range of consolidation, analytics,
planning, budgeting, reporting and other key capabilities," said Mark
Smith, CEO & EVP Research, Ventana Research. "By providing a suite of
applications on a common platform in the cloud computing environment,
Host Analytics has established a new standard to help organizations
manage performance, increasing effectiveness, and transform management
without the IT hassle or budget battles."

About StarVest Partners

StarVest Partners is a New York-based venture capital firm with $400
million under management that is funding technology-enabled business
services companies throughout the U.S. The firm's value-added partnership
maintains a laser focus on four key emerging technology and services
sectors: Software as a Service (SaaS), Internet Marketing Services,
eCommerce Services and Data Aggregation Services. StarVest combines a
sophisticated investment background with the experience to foresee
opportunities for both its portfolio companies and funding partners. The
firm's general partners are Larry A. Bettino Deborah A. Farrington, Laura
B. Sachar and Jeanne M. Sullivan.

StarVest gained national recognition in 2007 as the lead venture capital
firm in NetSuite, whose December 2007 initial public offering opened with
a $1.6 billion market capitalization, the highest market capitalization of
any venture capital-backed technology IPO since Google. StarVest was also
one of the first institutional investors in MessageOne (acquired by Dell
Computer in April 2008). More information about StarVest is available at
the company's Web site: www.starvestpartners.com.

About Advanced Technology Ventures

Founded in 1979, Advanced Technology Ventures (ATV) is a bi-coastal
venture capital firm with more than $1.8 billion in capital under
management. The firm works closely with entrepreneurial teams in several
technology markets, including IT, healthcare and cleantech, to transform
emerging-growth companies into market leaders. After nearly 30 years, ATV
has established a track record of success helping to build strong,
sustainable companies. For more information, visit www.atvcapital.com.

About Trident Capital

Trident Capital is a leading venture capital and private equity firm with
over $1.5 billion of capital under management, including $400 million
raised in its recently-closed Fund VI. Trident focuses on investments in
the information services and software sectors across a variety of
industries. Within its sector focus, Trident invests across multiple
stages, including traditional venture capital investing as well as
investments in micro-cap public companies, buyouts and consolidation
platforms. The Firm has made over 100 investments since its inception.
Trident has investment offices in Palo Alto, Calif. and Westport, Conn.
For more information, visit the firm's website at www.tridentcap.com.

About Host Analytics

Host Analytics is the leading provider of on-demand corporate and
financial performance management solutions. Host Analytic's solutions
help financial, line of business and departmental executives improve
their budgeting, forecasting, financial consolidations, dashboarding,
scorecarding, reporting and analysis. Host Analytics delivers its suite
of corporate performance management solutions via the Software as a
Service (SaaS) model. Host Analytics, a pioneer in providing
comprehensive and easy to use CPM solutions, was founded in 2000 and
expanded its SaaS offering in 2005 to include a complete suite of CPM
solutions.

Host Analytics helps organizations streamline the performance management
process, align the planning process with business strategy and effectively
measure performance and manage change. As a SaaS delivered solution, Host
Analytics customers realize fast time to value through quick
implementation of solutions, the highest levels of user adoption,
effective empowerment of business users and a continuous flow of Host
Analytics provided solution innovations and improvements.

Host Analytics serves the enterprise, large and midsized company and
public sector markets including industry leading companies like JP Morgan
Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Nortel
Networks. Host Analytics was included in JMP Securities' prestigious "Hot
100: The Best Privately Held Software Companies." For additional
information, visit http://www.hostanalytics.com/ or call (314) 588-2121.

Copyright 2009 Host Analytics Incorporated. All rights reserved. All
trademarks are the property of their respective owners.

Company Contact:
Gary Damiano
Host Analytics
650-249-7105
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-