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SAN FRANCISCO—April 22, 2014— Riverbed Technology (NASDAQ: RVBD), the leader in application performance infrastructure, has been named one of the Best Places to Work in the San Francisco Bay Area for the fourth time by its employees and the San Francisco Business Times and Silicon Valley Business Journal, based on the company's corporate philosophy, work culture, management practices and overall benefits.
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In employee reviews, Riverbed management was recognized for creating a great culture, inspiring employees, promoting openness and transparency and steering the company in the right direction.
For example, in one review, a Riverbed employee wrote: "The senior managers at Riverbed are intelligent, principled, flexible, appropriately careful at times and are willing to make changes as necessary to adapt to market conditions and the various phases of growth that Riverbed experiences. They also genuinely care about their employees. I find it hard to imagine a better senior management team."
"For more than 10 years, Riverbed has been delivering innovations to help our 25,000 customers improve application performance, regardless of where their applications reside, ultimately driving business performance," said Riverbed Chairman and CEO Jerry M. Kennelly. "In just a few years, Riverbed has transformed from a single to multi-product platform company, and last year surpassed $1 billion in revenue with a growing market opportunity in front of us. As we continue to expand our business, our employees and culture remain critical to our success. Collaborative, innovative, mutual respect, authentic and reliable - these are a few of the qualities that we're proud of and help make Riverbed a great place to work in the San Francisco Bay Area and around the world."
Riverbed was recently named one of the top 20 Best Places to Work in the Glassdoor Employee's Choice Awards 2014 for the second year in a row. In addition, earlier this year, Riverbed Chairman and CEO Jerry M. Kennelly was awarded Glassdoor's Highest Rated CEO recognition for 2014, ranking 14th overall and 7th among tech CEOs based on employee ratings.
Riverbed was founded in 2002 to eliminate distance and location as constraints in delivering applications by solving the problems of latency and bandwidth limitations in wide area networks. Today, Riverbed offers the most complete platform to enable organizations to embrace location-independent computing so that business objectives - not technical constraints - drive how applications and data are delivered. The Riverbed Application Performance Platform™ is a set of integrated solutions that gives companies the flexibility to host applications and data in the locations that best serve the business while ensuring the flawless delivery of those apps. Riverbed works with a broad and diverse ecosystem of partners to extend the value of the platform with a range of implementation, integration and value-added services.
This press release contains forward-looking statements, including statements relating to future growth of our market and business. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-K filed with the SEC for the period ended December 31, 2013, and our subsequent quarterly reports filed with the SEC. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.
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Riverbed®, The Digital Performance Company™, is united in our purpose of Advancing the Human Experience in the Digital World. Behind every digital experience is a human one, and Riverbed enables organizations to measure digital experiences and maximize digital performance so they can deliver better and more powerful human experiences— for customers, employees, partners, patients, and citizens. Riverbed’s Digital Performance Platform includes a combination of Digital Experience Management and Next-Generation Infrastructure solutions that ensure superior digital and user experiences, provides new levels of operational agility and accelerates business outcomes. Riverbed’s 30,000+ customers include 100% of the Forbes Global 100. Learn more at riverbed.com
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