Forbes Names Virtual Instruments the Third Most Promising Company in America

Forbes Names Virtual Instruments the Third Most Promising Company in America 
Virtual Instruments Propels up the Rankings and Is Recognized for
Company Growth and Management Team Among the Top 100 Private
Companies 
SAN JOSE, CA -- (Marketwire) -- 02/06/13 --  Virtual Instruments, the
leader in Infrastructure Performance Management (IPM) for physical,
virtual and cloud computing environments, has been listed third on
Forbes annual ranking of America's Most Promising Companies -- a list
of 100 privately held, high-growth companies with bright futures.
Virtual Instruments moved up three spots from the 2011 ranking. 
Over the course of the past year, Virtual Instruments has seen
accelerated growth in all areas of its business. In September, the
company announced $27.5 million in late stage venture funding, which
it plans to invest in product development and geographic market
expansion. Virtual Instruments continued to build out its European
presence with the opening of its research and development center in
London's Tech City. With its recent success with customers in the
Asia Pacific market, the company also plans to expand in the Asia
Pacific region. 
"We're incredibly honored to be recognized again this year by Forbes.
The progress we continue to make is a testament to the agility,
de
dication, and passion of our team," said John W. Thompson, CEO of
Virtual Instruments. "We are all working to build a great company
with strong foundational values and products. Our leadership in
Infrastructure Performance Management solutions has captured the
imagination and interest of some of the largest enterprises in the
world." 
One metric never says it all. For the Most Promising list, FORBES
strove for a holistic gauge of young, privately-held companies,
trying to pin down their trajectories by looking at a slew of
variables. Over the course of six months FORBES reviewed thousands of
applications. The final assessment is based on growth (both in sales
and hiring), quality of management team and investors, margins,
market size and key partnerships. FORBES turned to CB Insights, a
Manhattan-based data research firm that specializes in assessing
private companies, to refine the search. Their MOSAIC software scans
45,000 sources to measure a company's health. A new distribution
deal, for example, marks a positive signal, while the loss of an
executive is a negative. MOSAIC gathers those myriad signals into a
final score that FORBES uses as an initial guide in producing the
list. After verifying sales numbers, speaking with each company and
debating their merits and blemishes, FORBES produces a final ranking. 
About Virtual Instruments 
 Virtual Instruments is a leader in
Infrastructure Performance Management for physical, virtual and cloud
computing environments. The award-winning VirtualWisdomCopyright
platform provides visibility into real-time performance and health of
the entire open systems stack along with metrics that assess
utilization. Virtual Instruments improves the performance and
availability of mission-critical applications while lowering the cost
of the supporting infrastructure. Forbes Magazine listed the company
third on its annual ranking of America's Most Promising Companies.
The company was founded in June 2008 via a spin-out from Finisar
Corp.; it has headquarters in San Jose, Calif., and can be found
online at http://www.virtualinstruments.com  
MEDIA CONTACT:
Chris Fucanan
H3O Communications
chris@h3ocommunications.com
415-618-8809