"With the introduction of Load Manager earlier this year, our product offerings expanded to cover a wide-range of application environments in enterprise data centers, as well as continuing to support grid computing environments", stated Fred van den Bosch, CEO of Librato Inc. "Our focus is on reducing data center expenses by optimally balancing application resource consumption and Quality of Service through a family of application workload management products. The name Librato reflects the widened scope of our offerings."

Founded in 2005, Librato first developed a unique technology for lightweight, transparent checkpoint/restart and migration capabilities, for high performance grid computing environments. This technology required detailed knowledge of application structure and state. Leveraging this core technology and expertise, Librato expanded its product portfolio by adding an application workload management solution, Load Manager.