Mountain View, CA – June 1, 2010 – RiverMuse has been selected by the Silicon Valley Association of Startup Entrepreneurs (SVASE) as one of the 30 finalist companies invited to launch their companies and new products at Launch: Silicon Valley 2010. The event, which will be held June 8, 2010 at the Microsoft Campus in Mountain View, is Silicon Valley’s most affordable, high visibility platform for emerging technology companies to springboard their products or services into the market and network with some of Silicon Valley’s most influential executives. Launch: Silicon Valley 2010 will feature new companies that have a product or service available as of June 8, 2010, but have not been in the marketplace for more than a few months beforehand.

This year’s presenters were selected from almost 400 applicants and span the categories of information technology, mobility, security, digital media, next generation internet, technology and clean energy.

RiverMuse earned its place among the finalists for delivering innovation in IT Operations Management with RiverMuse Pro.2.0, its new commercial offering that enables mid-market service providers and enterprises to assure delivery of dynamic IT services through advanced event capture, correlation and alerting. RiverMuse Pro consolidates IT events from all infrastructure components and monitoring tools into one centralized console for rapid problem detection and isolation, and assists in streamlining incident and problem management.

“We are excited to have been selected from among many other emerging and innovative companies by the SVASE team,” said JL Valente, CEO of RiverMuse. “RiverMuse is bringing disruptive new technology in event consolidation and correlation to an underserved segment – mid-market service providers and enterprises. With the pervasive spread of technologies like virtualization, cloud and dynamic infrastructure, these companies are facing the same challenges as larger organizations but without the right set of simple, affordable and yet powerful tools that can help them deliver better IT services at lower operational cost. RiverMuse Pro 2.0, launched last month is well poised to fulfill that need.”

The 30 selected companies will present on stage for 6-minutes plus 4 minutes Q &A with the audience and a panel of VCs and Angels, with the opportunity to explain their products in more detail to the audience in networking breaks. The event will also feature an award for the “Most Likely to Succeed” in each of the six presenting categories. Presenters will be on hand to showcase their companies and products between presentations.

About RiverMuse

Established in 2008, RiverMuse delivers next-generation real-time IT operations management software that uniquely enables service providers and enterprises to maintain the health of their increasingly complex and adaptive environments so they can optimize service levels, drive down costs and respond more nimbly to the changing needs of the business. The company was founded by the serial entrepreneurs who launched Micromuse and RiverSoft, which assure a majority of all public and private internet infrastructures in use today. For more information on RiverMuse please visit www.rivermuse.com.

PR contact :

Julie Bohannon
Julie@rivermuse.com
Ph: +1 415-577-4274

RIVERMUSE RAISES THE INNOVATION BAR IN REAL TIME IT OPERATIONS MANAGEMENT

Disruptive technology delivers on a number of innovations in the IT Event and Fault Management Solutions Category

May 12^th, Redwood City, CA: RiverMuse Inc, the next generation provider of Real-Time IT Operations Management software today announced the availability of RiverMuse Pro v2.0, in a separate release entitled “RiverMuse Levels Playing Field in Service Assurance Market with New Commercial Offering”. Developed by a formidable team that had previously founded industry stalwarts Micromuse and Riversoft, RiverMuse Pro delivers a number of unique capabilities that differentiate it from legacy event and fault management systems.

“With a next generation architecture that is simplified, flexible and automated, RiverMuse Pro ensures that mid-market customers can address the complexities of modern, dynamic service infrastructures easily and effectively”, said  Fred Mutavdzic, CTO of RiverMuse. “We are redefining the basic tenets of event and fault management systems in terms of how contextual data is acquired, processed and kept in sync with changes in the infrastructure without manual intervention, while retaining scalability and granularity through the process. There is no other way to deal with the velocity of change in today’s IT systems than automating the corresponding management functions.”

Highlights of RiverMuse Pro’s disruptive capabilities are as follows:

Automation and Simplicity

RiverMuse Pro features a unique component for the rapid definition, reuse, and dynamic execution of RiverMuse configurations in a single transportable package – called the Transportable Business Logic (TBL). Each package can contain a combination of alert rules, correlation rules, business context definition, a set of actions, and auto-provisioning of an active RiverMuse collector – all centrally managed in an object-based model.

This dramatically reduces system complexity and virtually eliminates the manual intervention required by legacy solutions on every infrastructure change. In addition, an on-demand fingerprinting capability allows the RiverMuse system to automatically identify unknown entities for which events are received, enrich them with complementary information, and invoke the right configuration package.

Federated Integration and Compliance Support

RiverMuse Pro records every event and processed alert separately, enabling analysis and reporting for business intelligence, forensics and compliance. Legacy IT operations management solutions in contrast modify and discard original events as they are worked on and cannot support compliance or forensics analysis. 

Built on an open platform, RiverMuse Pro can also dynamically enrich the events with contextual information from any external system or database. Service operations teams thus have access to all the actionable intelligence regarding an alert in one single console, and can bring up contextual tools to perform specific actions from within that environment.

Dual Commercial and Open Source Model

RiverMuse Pro builds on the free open source RiverMuse Core offering in some key aspects. It includes a robust, Java desktop based console that is the staple of Service and Network Operations centers. It offers native capabilities for external system and database access for enrichment. It streamlines the creation and reuse of rules through configuration packages and automates their provisioning based on event inflow. It also supports native integrations with dynamic infrastructures like VMware vSphere to enable real-time monitoring and management of virtualized environments.

 Community Based Collaboration

By taking a commercial open source route to software delivery, RiverMuse Pro leverages the power of the community as well.

“RiverMuse Pro offers a novel approach to community collaboration around IT operations management,” said Alec Leschin, VP Business Development, RiverMuse.  “We are building a platform that allows partners, customers and practitioners to contribute open source as well as commercial integrations in many different areas through an app store type format. Our architecture is built from the ground up to foster community participation – so as to stay ahead of a rapidly changing technology curve.”

RiverMuse Pro is committed to continuing the push towards innovation and making enterprise-class operations management functionality affordable to a new class of customers in the mid-market.

 About RiverMuse

Established in 2008, RiverMuse delivers next-generation real-time IT operations management software that uniquely enables service providers and enterprises to maintain the health of their increasingly complex and adaptive environments so they can optimize service levels, drive down costs and respond more nimbly to the changing needs of the business. The company was founded by the serial entrepreneurs who launched Micromuse and RiverSoft, which assure a majority of all public and private internet infrastructures in use today. For more information, please visit www.rivermuse.com.

RIVERMUSE LEVELS PLAYING FIELD IN SERVICE ASSURANCE MARKET WITH NEW COMMERCIAL OFFERING

Brings breakthrough Real-Time IT Operations Management for rapid problem isolation to Mid-Market Service Providers and Enterprises

May 12^th, Redwood City, CA: RiverMuse Inc, the provider of next generation, Real-Time IT Operations Management software today announced the availability of RiverMuse Pro v2.0, its commercial offering that enables mid-market service providers and enterprises to assure delivery of dynamic IT services through advanced event capture,  correlation and alerting. RiverMuse Pro consolidates IT events from all infrastructure components and monitoring tools into one centralized console for rapid problem detection and isolation, and assists in streamlining incident and problem management.

RiverMuse Pro provides additional functionality on top of the RiverMuse Core community edition, which is the first open source Manager of Managers software in the market. It delivers a number of industry innovations in IT event and fault management technology, details of which are covered in a separate press release entitled “RiverMuse raises the Innovation Bar in Real-Time IT Operations Management”.

Prior to the release of RiverMuse Pro, sophisticated, high-volume, and real-time IT event consolidation and correlation platforms were mostly implemented by larger Service Provider and Fortune 2000 organizations. These solutions are expensive, take several months to years to implement and require a large number of in-house or consulting staff to maintain. RiverMuse Pro completely disrupts this model with a next generation architecture, simplified configuration and automated capability to adjust to infrastructure shifts as they happen. Doing so, it levels the playing field among large and mid-size organizations that deal with the same kind of IT issues – but are on opposite sides when it comes to taking on complexity and cost into their operations organizations.

“RiverMuse is in a position to rapidly shape the service assurance market, bringing innovation and new technology into a domain that has stagnated for a decade or more,” said JL Valente, CEO of RiverMuse. “RiverMuse Pro brings powerful functionality in a single product compared to several products needed by the competition to address a similar set of challenges. While large organizations can definitely use RiverMuse Pro to dramatically lower cost of operations – we believe that mid-size service providers and enterprises will immediately benefit from faster time to resolve service issues that are pervasive today – and are our first order audience.”

RiverMuse Pro is able to consolidate IT events directly generated by system, network infrastructure, and application silos and also from the multiple monitoring tools in use today in mid-market environments. It identifies duplicate events, performs advanced time, priority and service dependency-based correlation; and then presents relevant and filtered alerts and notifications to operators for triage, action and resolution.

Without this level of correlation and filtering, operations personnel cannot fathom any actionable insight out of the millions of IT event messages thrown up by individual components or management systems. Larger organizations deploy expensive event consolidation and correlation technologies to manage high message volumes. In mid-size organizations however, these events are either turned off or discarded leading to loss of visibility and control, and causing reactive fire-fighting when end users are first to report service disruptions.

 “Sleek Networks was born out of the frustration that customers of large ISP and hosting providers often face over issues such as support, costs, systems integration and a general lack of willingness to be flexible. By dramatically reducing event noise, technologies like RiverMuse Pro can help mid-size providers become more streamlined and flexible from an IT Operations standpoint and gain further advantage over their larger competition”, stated Nick Williams, Operations Director at Sleek Networks, a mid-sized Managed Service Provider based in the UK.

RiverMuse Pro will continue to add out-of-the-box integrations with popular management tools, so that mid size service providers and enterprises are assured of rapid time to value to begin with. Further, with centralized management and configuration, it is easy to operate and maintain with minimal support staff making it feasible for mid-market adoption.

RiverMuse Pro is available today starting at $7,500 annual subscription cost for the entry level, which includes user license and support.

 About RiverMuse

Established in 2008, RiverMuse delivers next-generation real-time IT operations management software that uniquely enables service providers and enterprises to maintain the health of their increasingly complex and adaptive environments so they can optimize service levels, drive down costs and respond more nimbly to the changing needs of the business. The company was founded by the serial entrepreneurs who launched Micromuse and RiverSoft, which assure a majority of all public and private internet infrastructures in use today. For more information, please visit www.rivermuse.com.

I am pleased to report that RiverMuse was a Judges Choice winner in the category of “Cloud Infrastructure Management” at the select “Under The Radar” event held in Mountain View, CA last week. RiverMuse was one of the 30 vibrant startups pre-selected to present its business case around cloud innovation.

The event attracted over 350 movers and shakers from the IT industry with a keen interest in all things ‘cloud’ this year. The presenting companies had 6 minutes to make their case in front of a panel of industry experts before answering questions from the judges and the audience. In addition to infrastructure management the cloud categories included a range of topical themes including noSQL data management systems, compliance, analytics, virtualization, communication, and app development and management.

The day’s events were fast paced, filled with energy, ideas and edge. The audience and the judges represented a good mix of enterprise and service provider IT executives, vendors, and other key stakeholders, looking for the new generation of cloud computing innovators. It was interesting to note the serious level of interest to adopt cloud techniques and technologies by large enterprises and established service providers.

Open minded yet stringent in their enterprise requirements, it became clear early in the day that the audience meant business and was looking for players with differentiated value proposition, a solid offering and a viable business model. It was also apparent that judges were interested in companies with the potential to target mainstream organizations, not just emerging and atypical web 2.0 businesses that still only represent a sliver of the IT spend but tend to eclipse the thousands of tried-and-true enterprises who have similar needs.

All in all, it was an awesome day to connect with genuine buyers and practitioners of cloud computing. And despite differences in style and pitch, the participants exuded similar traits in presenting their business: true cloud believers, relentless in their quest to solve real problems, true innovation, strong passion, and great agility.

Being recognized as the Judge’s Choice in our category also re-affirmed our belief that managing Cloud systems needs a complete rethinking of the management approach and a new architecture that is equally dynamic, automated and flexible as the monitored environment. RiverMuse is dedicated to doing just that – delivering service assurance for both cloud and virtualized datacenters and networks across all manner of service providers – inside and outside the enterprise.

Event Details: 

Under the Radar – ‘Commercializing the Cloud’

April 16, 2010 | 8:00am – 6:00pm Microsoft Campus | Mountain View, CA

JL Valente, CEO and President of RiverMuse ~ hailed as a Top 10 IT management start-up ~ is to present at the highly acclaimed business innovation conference, Under the Radar (UTR). Each year Under the Radar brings 350 C-level executives seeking to connect and collaborate with start-ups whose products, technology and teams fit into their road maps. Looking at the next wave of test-driven innovators tackling infrastructure, noSQL, virtualization, storage platforms, data and SAAS, UTR 2010 will take a deep dive into the cloud ecosystem to reveal who’s behind today’s innovation and adoption.

JL has just six minutes to impress an audience of 350 other tech leaders and a panel of expert judges including: Bank of America, AT&T, Virgin America, MTV Networks, Rackspace and Nokia. In this time JL will deliver his company’s story – its goals, business model, go-to-market strategy as well as present RiverMuse’s breakthrough event management product that brings a real-time, consolidated Operations console for Cloud and dynamic infrastructure management to the IT fraternity. The company considers this latest technology to be a vital asset to any company that needs to keep a close watch on cloud service availability and performance.

“RiverMuse’s product innovation, value proposition and team pedigree are our strongest selling points. The company was set up by the original inventors of what became IBM’s Tivoli Netcool and they have regrouped to do it again. This time around the product has been built to directly address dynamic cloud and IT infrastructure, including the ability to monitor and manage transient and fast moving machine instances automatically,” says JL.

“Moreover, we offer superior benefits and capabilities at a fraction of the cost of the mainstream players. This is big savings when you consider that most incumbent network and systems monitoring tools come with a 6 to 7 figure dollar price tag including licenses and consulting services, and are yet unable to really address modern SaaS and Cloud infrastructures. Further, by delivering our core product as an open source platform, we are also working towards developing collaboration and contribution from a community of practitioners that bypasses the customer lock-in that is usual with a single proprietary vendor. I’m confident that these elements will win the day for us”.

Under the Radar, recognized as the most important start-up showcase and deal-making forum in Silicon Valley, has been setting the innovator entry scene for eight years running. This year’s event promises to be no different. From the new data center to SaaS, the ROI for leveraging the cloud has never been more clear or compelling. At the conference early adopter CIOs/CTOs and heads of IT, with check books open, will be able to evaluate the latest innovations in maximizing performance, minimizing cost and improving the scalability of their IT environments. This year’s conference has attracted Bank of America, AT&T, Virgin America, MTV Networks and 350 other tech leaders.

- Ronnie

JL Valente, President and CEO of RiverMuse Inc., is to join a panel discussion on Cloud Performance Optimization at Cloud Connect 2010, between 09:00 AM and 12:00 PM on Monday, March 15. The panel of industry experts and technologists will focus on measuring performance and availability in cloud environments, with particular emphasis on pinpointing sources of delay that affect cloud based applications. The objective of the session is to help delegates optimize performance, lower costs and improve user experience in cloud delivered applications. Cloud Connect 2010 is  to be held at the Santa Clara Convention Center, Silicon Valley, CA from March 15-18, 2010. 

Workshop attendees will learn: 

• How to measure user experience in on-demand environments
• Tracking capacity and usage in utility models
• When to focus on performance optimization
• The most common sources of delay in cloud platforms

 JL is an industry expert in operations management of cloud based systems and business models; his company RiverMuse offers breakthrough innovation in the area of dynamic infrastructure management. It offers the first open source platform for real-time IT Operations that can consolidate and process events from across the multiple tiers of cloud environments in a single console. The team behind RiverMuse are the original inventors of well-known management tools including Micromuse (now IBM Tivoli Netcool) and Riversoft.

 “There is a hugely inquisitive cloud crowd out there keen to understand more about how virtualization and cloud environments can be harnessed to help optimize business. I’m looking forward to getting down to some of the in-depth issues around cloud performance and fault management that are at the core of this topic,” says JL Valente.

 Some of the questions to be addressed by the panel include:

• Shared service: What if a cloud neighbor doesn’t play well with others?
• Service levels: How can you be sure that your users are getting the availability you’ve promised?
• Management: Do you have the application performance to keep them happy and productive?

 JL will be joined by high profile industry executives including among others: Imad Mouline, CTO at Gomez; Joe Hsy, Vice President of Technology and Advanced Development at Coradiant; Hal Kalish, Industry Marketing Director – High Tech at Akamai and Bernd Harzog, Analyst – Virtualization Performance Management at The Virtualization Practice.

About RiverMuse 

Established 2008, RiverMuse delivers a next-generation, real time Operations Console for event and fault management that uniquely enables IT organizations to maintain the health of their increasingly complex and adaptive environments. This helps them optimize service levels, drive down costs and respond more nimbly to the changing needs of the business. RiverMuse’s open source model allows the global community of IT professionals to effectively collaborate in order to fulfill evolving market requirements with new software economics. The company was founded by the serial entrepreneurs who launched Micromuse and RiverSoft – and whose innovations assure a majority of all public and private internet infrastructures in use today.

For more information or to set up a briefing please contact -

Georgina Firth George@RiverMuse.com  0044 (0) 203 239 1777

 About Cloud Connect
Cloud Connect, produced by TechWeb, is the defining event of the cloud computing industry. As both a conference and an exhibition, Cloud Connect’s goal is to chart the course of cloud computing’s development by bringing together enterprise IT professionals, developers, infrastructure providers and cloud computing innovators. TechWeb has produced cloud events that define and frame cloud computing discussions since June 2008, including Cloud Summit Executive and Enterprise Cloud Summit at Interop. Cloud Connect is a new one-of-a-kind event that encompasses the entire cloud computing ecosystem featuring Cloud Business Summit, a Launch Pad program, IT & Developer workshops and a full conference program. Cloud Connect will take place March 15-18, 2010 at the Santa Clara Convention Center in Silicon Valley, CA. For more information visit: www.cloudconnectevent.com

For further information on Cloud Connect  please contact -

Natalia Wodecki, PR Manager  email: nwodecki@techweb.com   Tel  415-947-6762

RiverMuse Core 4.2 offers a number of enhancements including ‘agentless’ monitoring infrastructure (Ping Agent), support for distributed rules processing to enhance business logic scalability (parserd), and real time event history replay for advanced diagnostics.
 
In 4.2, RiverMuse has optimized the core database to have higher scalability and a lower footprint.
 
Now supporting multi-mode desktop operations, the RiverMuse Core 4.2 desktop also includes the “Events” option providing launch-in-context tools for (better/greater) incident orientated web 2.0 collaborative workflow.
 
RiverMuse Core 4.2 allows you to interface seamlessly to web services enabled infrastructure as demonstrated by the java based event simulator that is now included as part of the RiverMuse API suite.

RiverMuse Core 4.2 is still the only enterprise class community OSS platform focused at reducing the 80% of time to value, which derives from the configuration of business logic.

RiverMuse Core 4.2 is the only enterprise-class Open Source Software platform focused at reducing time to value by over 80%. It achieves this through massive simplification in the way events are captured, alerts are processed and in turn enriched through the use of dynamic variables. All of these actions are configured centrally using a single SQL-like language. Go to the download page for RiverMuse 4.2.

Network World have posted a slide-show of their Top 10 IT Management Start Up’s to Watch.  You can see it here.

We are delighted that NetworkWorld have named RiverMuse as one of their top 10 IT management start up’s to watch in their annual review announced today.

You can read the full article here.

Keep us with all the exciting news at RiverMuse by following us on twitter

18^th November 2009: Today, RiverMuse welcomes Rich Green to its Board of Directors as well as Con Blackett and Matt Asay to the company’s Advisory Board. In their respective roles they will provide counsel to the RiverMuse leadership team, advise on strategic initiatives according to their relative expertise, as well as assist in forging new industry relations. This elite group adds deep industry knowledge and leadership to RiverMuse and complements its premier line up.

JL Valente, CEO and President at RiverMuse, said: “For a company aiming as high as we are it was imperative to attract a crack team of world class business and technology leaders. I have no doubt that these three industry heavyweights, with their collective experience, will enrich RiverMuse and help propel us to the next level.”

***

Rich Green joins the RiverMuse Board of Directors. Green brings a wealth of knowledge and experience in the open source and proprietary software sectors. A veteran of the Silicon Valley software industry, Green joined Sun Microsystems in 1989 where he held a variety of roles, including Vice President and General Manager of Solaris and Java during which he led the creation of JavaEE and JavaME. He went on to become Sun’s Executive Vice President of Software responsible for its entire software product, service and support business. Currently Executive Vice President of the Mobile and Enterprise business at Nuance Communications, Green is also a member of the Foundation Board of the University at Albany (N.Y.) and a co-founder and board member of Freshbrain.org.

Matt Asay joins the RiverMuse Advisory Board. Asay’s journey on the open source road began in 1998 and he has since achieved guru status as one of the industry’s leading open source business strategists. In 2003 he founded the Open Source Business Conference – a premier open source strategy event – and served as an Entrepreneur-in-Residence at Thomas Weisel Venture Partners where he focused on open source investment opportunities. In addition to his RiverMuse advisory post, Asay regularly writes on CNET’s open source blog: http://cnet.com/openroad and manages global business development for Alfresco, an open source Content Application Server vendor. Prior to Alfresco, Asay was part of Novell’s Linux Business Office.

Con Blackett joins the RiverMuse Advisory Board. Principle of IT service management operations at BT until recently, Blackett possesses top business acumen and weighty technical skills in network and systems management, collected over 25 years across Europe and North America. A true industry veteran of the telecom industry, Blackett is regarded by many as a prime influencer and his Midas touch has aided the futures of dominating products such as HP OpenView and IBM Tivoli. Interestingly, Blackett was also responsible for the first ever implementation of Netcool (from Micromuse) at BT- worldwide.