IBM DB2 LUW Tools Provider DBI Software Receives Major Outside Investment

AUSTIN, Texas, April 25, 2013 /PRNewswire/ -- DBI, a software company providing professional grade database performance management tools, today announced substantial investment from private equity investors and new team members dedicated to accelerating company growth. Jason Paull is appointed as DBI's new CEO and Lee Goddard joins DBI as its Chief Performance Architect.

Scott Hayes, the founder of DBI, and widely recognized DB2® performance expert, will remain with the company and is excited to bring the investment group into the fold as it allows DBI to expand many of its capabilities in ways that previously were not possible. He will continue in his active role helping customers maximize their investment in DBI's products as well as shaping and leading the vision for DBI's market-leading PureFeat™ Performance Management Suite of monitoring, tuning, trending, and alerting products for IBM DB2 LUW.

The investor group, led by Jason Paull, brings significant financial and management capabilities along with extensive experience with startups. The investment will add resources for product development and new marketing initiatives. 

Jason Paull brings with him an extensive background in IT having worked for and managed teams within Price Waterhouse Coopers and Continental Airlines. Further, he has spent the last few decades of his career in smaller, startup opportunities, most recently at refresH20 where he successfully grew revenues from around $200,000 per year to over $2M in 7 years.  

Lee Goddard is a well-known DB2 expert and is highly regarded by many IBM DB2 LUW customers with large Data Warehouse databases.  Lee spent over 16 years with IBM and helped achieve over $200M in revenues through his technical sales efforts and deep expertise. Mr. Goddard is delighted to join DBI saying "I'm thrilled about my new role. Helping people with DB2 performance makes me excited to wake up every morning!" 

Together, Jason, Lee, and Scott believe they can continue to build on DBI's successes in the market.  Mr. Hayes remarked, "Over 25% of the Top 25 retailers, plus others, use DBI for accelerated e-Commerce performance. We're growing in banking, insurance, and government as well. Any organization concerned with IT costs and Application Performance Management needs to do their due diligence and discover the savings and efficiencies that DBI can rapidly deliver."  

IT Professionals can meet with DBI at the IDUG Conference in Orlando Florida, April 29 – May 3, 2013, by visiting booth #103.

About DBI
DBI (Database-Brothers, Inc.), headquartered in Austin, Texas, is your trusted partner for Breakthrough DB2 Performance Solutions that DELIVER INVALUABLE RESULTS for Organizations having the most Demanding Requirements and Discriminating Preferences. For information about DBI, please visit www.DBIsoftware.com.

DB2 is a registered trademark of IBM Corporation.  PureFeat™ is a trademark of DBI.  All other trademarks belong to their respective organizations.

Editorial Contacts:
Jason Paull
DBI
Phone: (512) 507-3635
[email protected] 

SOURCE DBI Software