AppDynamics was founded in 2008 by Jyoti Bansal, a former lead software architect at Wily Technologies, a provider of application performance management technology.[9] AppDynamics received five rounds of funding totaling $206.5 Million.[10]
In 2016, AppDynamics was ranked #9 on the Forbes Cloud 100 list.[11][12]
In January 2017, Cisco announced their intention to acquire AppDynamics for $3.7 billion, just days before a planned IPO of the company. The move was seen as a continuation of Cisco's strategy of growing its software oriented business.
In March 2017, Cisco completed the acquisition of AppDynamics. AppDynamics is currently headed by Linda Tong as an independent business unit within Cisco's IoT and Applications business.[13]
AppDynamics has been a leader in the APM market for more than eight years, and was ranked first in Gartner's 2020 Magic Quadrant Report for APM in the category of "ability to execute." As part of Cisco, it got and Fortune's top 5 Best Places to Work in 2020.
On April 10, 2013, CA Technologies (formerly Computer Associates) filed a lawsuit in the US District Court for the Eastern District in New York. The lawsuit claims that AppDynamics violated three patents that came into CA Technologies' possession through acquisitions.[14] This was the second action CA Technologies filed in connection with alleged infringement of patents obtained in the acquisition of Wily Technology. In November 2012, CA Technologies filed a lawsuit asserting patent infringement of the same three APM patents against software company, New Relic. On April 20, 2015, AppDynamics and CA settled the two-year-old patent dispute. AppDynamics said that it paid a "modest fixed payment."[15]
AppDynamics and IBM have a collaboration using Z APM Connect with AppDynamics’ Map iQ and Diagnostic iQ, to provide mainframe transaction visibility.[16]
