Mendocino Software Appoints Mike Heald, Vice President of Worldwide Sales and Support — Strengthens Sales Management Team to Capitalize on RecoveryONE TM Availability November 15, 2005 - FREMONT, Calif., Nov 15, 2005 - Mendocino Software, the recovery management company, today announced it has appointed Mike Heald to the position of vice president, worldwide sales and support. In this newly created position, Heald will be responsible for the success of Mendocino's network of "trusted supplier" distribution partners as well as its service and support infrastructure. Heald joins Mendocino from high-performance computing file system vendor Panasas, Inc., where he was vice president of worldwide sales and support. Heald will report directly to Steve Colman, president and CEO of Mendocino Software. "Recovery management is a solid enterprise technology that targets one of IT's biggest storage pain points: rapid recovery," said Heald. "With RecoveryONE shipping, now is the time to aggressively expand Mendocino's partnership network that will put this solution in the hands of end users. This was an opportunity I could not pass up." Mendocino's RecoveryONE solution is targeted at environments where current data protection technologies are not meeting business or regulatory requirements for rapid, reliable recovery. RecoveryONE transparently captures application changes in real time and acts as an "infinite snapshot engineTM," allowing the retroactive creation of snapshots to any previous point with zero impact to "protected applications." These snapshots can be used to drive nearinstantaneous application recovery as well as a number of other off-host processing tasks, such as backup, testing, development, data analysis or data migration."With experience that includes driving a multi-billion dollar sales operation at Compaq and building a successful storage software startup at Panasas, Mike absolutely brings the wealth of knowledge we are looking for on the sales and support side," said Steve Colman, president and CEO of Mendocino Software. "At this critical stage in Mendocino's growth, Mike's proven track record will be an invaluable asset to our executive management team as we develop the recovery management business through our network of partners." "For companies like Mendocino that are targeting mission-critical enterprise environments, distributing through "trusted supplier" partners is the most effective way to get new, innovative technologies into users' hands," said Dianne McAdam, senior analyst and partner with The Data Mobility Group. "Of all the players in the continuous data protection market, Mendocino isunique in that they have announced distribution deals with top-tier enterprise storage providers." Mendocino Announces RecoveryONE Availability Mendocino is also announcing the immediate availability of RecoveryONE through its indirect sales channels. Support for production rollouts of RecoveryONE in enterprise environments is now available through Mendocino business partners. About Mendocino Software Mendocino Software develops and markets recovery management solutions like RecoveryONE to enterprises worldwide. Recovery management is focused on optimizing the recovery of enterprise application environments. It leverages an underlying infrastructure built on time and event addressable storage to return any application, database or file system to any previous point in time or process - instantly, statefully and easily. The privately held company is funded by Mayfield, Accel Partners, Advent International and Foundation Capital. Mendocino is headquartered in Fremont, CA. For more information on the company, please visit www.mendocinosoft.com.
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Fonality Adds Marketing and Branding Firepower to Marketing Team
Arnold Waldstein Joins Fonality as SVP of MarketingNovember 13, 2006
LOS ANGELES, Calif. - November 13, 2006 -
Fonality® a leader in open source, Asterisk®-based IP telephony systems, today announced that marketing and branding leader, Arnold Waldstein, has the joined the company as senior vice president of marketing. Waldstein brings more than 20 years of consumer and business-to-business (B2B) technology industry strategic marketing and business development leadership to Fonality. He is responsible for the overall marketing and branding strategies of Fonality, its PBXtraTM and trixbox® product lines and the trixbox open source community.
Arnold's background and experience creating successful brands and go-to-market programs for companies and products like Atari and Sound Blaster in the consumer space and Keynote Systems in the B2B space is exactly what we need to take Fonality to the next level, said Chris Lyman, Fonality's founder and CEO. His contributions will help build huge value for the company and dramatically increase market awareness for the organization and its branded products.
Waldstein began his career in computer gaming and multimedia entertainment at the new Atari, where he was responsible for publishing hundreds of games and taking the company public. He was also one of the original executives at Creative Labs, where he built the Sound Blaster brand over four years from $5M in sales to $1.2B, developed it into a household name, sold 80 million units and executed an extremely successful public offering. For the last 10 years, Waldstein has worked with startups and public companies in the consumer and B2B technology sectors, raising funds, building brands and executing distribution strategies.
I was attracted to Fonality because of its great products, leadership and early market success, said Waldstein. Fonality has the potential to become a huge B2B powerhouse over the next few years and I am privileged to be driving the marketing efforts.
About Fonality
Fonality, www.fonality.com, is a leader in open source, Asterisk®-based IP telephony systems. PBXtra, Fonality's award winning IP-PBX product line for small and medium businesses, is based on a modified version of the popular open source Asterisk® code base. Fonality has modified Asterisk® to add reliability, stability and enterprise-class features, and is the world's largest commercial Asterisk®-based deployment. PBXtra uses Fonality's patent pending architecture to deliver all the advanced features of an enterprise-class phone system and call center at 40 percent to 80 percent less than traditional offerings, and is deployed to more than 18,000 business users in the U.S. and other countries. Fonality's trixbox, www.trixbox.org, the world's largest community of users of Asterisk®-based software, with an average of 45,000 downloads a month, provides a free, easy to install Asterisk®-based VoIP phone system.
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Fonality Adds Industry Veterans, Readies Company for Rapid Growth
Vice Presidents Chris Vuillaume and Bruce Runyan Join Team
October 13, 2006
LOS ANGELES, Calif. - October 13, 2006 - Fonality, a leader in open source, Asterisk-based IP telephony systems, today announced the addition of two industry veterans to its management team. The new executives, Chris Vuillaume, vice president of business and channel development, and Bruce Runyan, vice president of operations and customer care, bring more than 45 years of combined telecommunications and technology industry experience to Fonality.
Chris and Bruce bring outstanding experience to Fonality with their proven track records of building successful public and private companies within the telecom and data sectors, said Chris Lyman, Fonality's founder and CEO. With these great additions to the management team, Fonality is well positioned to handle our extremely rapid growth.
Fonality's new vice president of business development and channels, Chris Vuillaume, brings 15 years of telecommunications industry experience. Vuillaume was previously vice president for the IP telephony product marketing group at Alcatel (NYSE: ALA), where he was responsible for marketing and business development for the company's North American IP telephony practice, including distribution channels. He also has a rich entrepreneurial history, notably co-founding Santa Clara-based NetManSys, a developer of software to manage devices that transmit voice and data traffic over telecommunications networks, where he served as vice president of marketing, grew the company from inception to 80 employees and ultimately sold it to a private acquirer.
Technology industry veteran Bruce Runyan, whose career spans more than 30 years, is Fonality's new vice president of operations and customer care. Runyan is responsible for all post-sale customer interactions and back office activities, from provisioning to deployment and customer care. Prior to Fonality, he held executive positions at three public companies including director of global programs at Autodesk (NASDAQ: ADSK), vice president and general manager of the consulting services division at Genesys Telecommunications (NYSE: ALA) and CIO at Borland International (NASDAQ: BORL). As employee 141 at Borland, he created, automated and scaled the company's back office capacity to handle more than 60,000 orders per shift. Runyan was also president and COO of TelePost, a unified messaging start-up, and has provided senior management and operational consulting services to many Silicon Valley companies.
About Fonality
Fonality, www.fonality.com, is a leader in open source, Asterisk-based IP telephony systems. PBXtra, Fonality's award winning IP-PBX product line for small and medium businesses, is the world's largest commercial Asterisk-based deployment. PBXtra uses Fonality's patent pending architecture to deliver all the advanced features of an enterprise-class phone system and call center at 40 percent to 80 percent less than traditional offerings. Fonality's PBXtra products are deployed to more than 18,000 business users across the U.S. and internationally. trixbox, www.trixbox.org, the world's largest Asterisk community with an average of 1,500 downloads a day, provides a free, easy to install Asterisk-based VOIP phone system.
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ColdSpark Strengthens Executive Team; Appoints New Vice President of Engineering
Ric Rodriguez To Lead Product Portfolio Expansion for Fast-growing Email Infrastructure Company
BROOMFIELD, CO, September 26, 2006 - ColdSparkTM (www.coldspark.com), the leader in next-generation enterprise messaging infrastructure, today announced that Henry Ric Rodriguez III has joined the executive team as vice president of engineering. Mr. Rodriguez will be responsible for managing the company's enterprise messaging product development. He brings more than 24 years of engineering and product development experience to the fast growing company.
We're expanding our incredibly talented and seasoned executive team that is dedicated to keeping ColdSpark at the leading edge of the enterprise messaging market, said Scott Brown, ColdSpark co-founder and CTO. Ric has a long and successful track record of conceptualizing and delivering new products and services as well as a deep understanding of the needs of enterprise customers. We're very excited that he is a part of the team.
Prior to joining ColdSpark, Mr. Rodriguez led the product development team at Webroot Software, Inc., provider of the widely deployed Spy SweeperTM line of anti-spyware products for consumers, small businesses and enterprises. Prior to his position at Webroot, he served as chief technology officer at Dynix, a global provider of automation technologies for libraries that merged with Sirsi, developer of integrated library technologies, in 2005. In his role at Dynix, Mr. Rodriguez streamlined the company's product lines, instituted product development strategy and led a team of more than 125 employees. Mr. Rodriguez has also held executive engineering positions at Raindance Communications, Xtra-Online and Borealis Technology.
The enterprise communications market has long been without alternatives to complex appliance- and resource-intensive enterprise email systems, said Mr. Rodriguez. ColdSpark has an advanced, easy-to-manage messaging platform that replaces the outdated foundation on which most enterprise email systems are now built. I'm honored to be leading the development team and helping to shape the product during this exciting period of growth.
About ColdSpark, Inc.
ColdSpark has created the next generation of enterprise email infrastructure, based on the award-winning SparkEngineTM Mail Transport Platform (MTP), a new type of message platform for mail networks. The patent-pending SparkEngine is the foundation of ColdSpark's suite of advanced email security, compliance and customer care solutions, designed to solve important challenges facing enterprises in the capabilities, management and performance of email for critical business operations. Founded in 2001 by email technology veterans, ColdSpark's customers include Bear Stearns, Equifax, JP Morgan Chase, Lehman Brothers and Washington Mutual Bank.
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mValent Appoints Software Industry Veteran Joe Forgione as President and CEO September 13, 2005 - Burlington, MA - September 13, 2005 - mValent, the leader in automated application configuration management software, today announced the appointment of software industry veteran Joe Forgione as President and CEO. Forgione brings extensive senior management experience leading global organizations and driving new business ventures. To support mValent's market expansion, former mValent President and CEO Swapnil Shah assumes the role of Senior Vice President of Strategy and Business Development. "Automating application configuration management is a market opportunity that is rapidly emerging as IT organizations recognize the benefits derived from automating very complex, time-consuming and error-prone tasks," said Forgione. "mValent is poised to capitalize on this significant opportunity with impressive customers and a solution that reduces enterprise operational costs, application backlogs and the risk of configuration change errors. With the strength of the mValent management team, we will drive increased sales, continue to establish our competitive position and expand our partnerships. I look forward to working with our customers and partners to move mValent to the company's next phase of growth." IT departments within large enterprises are faced with managing hundreds of applications, often distributed throughout global locations. The challenge of controlling and managing the underlying IT infrastructure required to deploy business-critical applications is often handled manually, leading to errors and creating significant application backlogs. This IT infrastructure includes application servers, Web servers, databases, middleware and operating systems. At a time when IT is moving aggressively to a services model, solutions are needed to automate complex, repetitive activities that drain IT resources and increase risks of downtime. Automating application configuration management can reduce the IT service workload by more than 50% and unlock the backlog of applications waiting to be deployed to improve business competitiveness. "We are extremely pleased to attract someone of Joe's caliber and experience to lead mValent as the company focuses on growing revenue, building market share and expanding sales relationships," said Chip Hazard, general partner, IDG Ventures. "Swap and his team have delivered world-class application configuration management solutions that address complex issues facing enterprises both at the operational and IT levels. With brand name customers, mValent is well positioned to capture this market opportunity." Prior to joining mValent, Forgione was Vice President of Solutions for Novell (Nasdaq: NOVL) where he was responsible for Global Solutions Creation and Marketing. Forgione also served as President and CEO of content management leader Eprise, a company that he took public. Prior, Forgione was Vice President of Business Development and Planning for the Internet Applications Division of Lotus, now part of IBM where he drove OEM relationships, strategic partnerships and business alliances for Lotus' Internet applications. He also served as General Manager of Lotus Notes solutions products. Earlier, Forgione co-founded HyperDesk, an object-oriented tools company and held various marketing management positions at Data General. About mValent mValent delivers software solutions to automate application configuration management. mValent software is used by leading organizations to manage the building and maintenance of complex application configurations throughout their entire lifecycle from development to production. The mValent Infrastructure Automation Suite enables IT organizations to increase operational efficiency, reduce configuration-related downtime and speed the delivery of applications to production. mValent is located in Burlington , Massachusetts . The privately held company is backed by top-tier venture capital firms, including Charles River Ventures, IDG Ventures and Polaris Venture Partners. For more information, visit mValent at http://www.mvalent.com.
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ColdSpark Names Mike Puterbaugh Vice President of Marketing
Software Industry Veteran to Lead Global Marketing Operations for Messaging Infrastructure Innovator
BROOMFIELD, CO, September 11, 2006 - ColdSpark (www.coldspark.com), the leader in next-generation enterprise messaging infrastructure, today announced that Mike Puterbaugh has joined the company as vice president of marketing. Mr. Puterbaugh is a technology industry veteran with a strong track record of accelerating market awareness and growth for enterprise software solutions. Mr. Puterbaugh will report to directly to ColdSpark's CEO, Kelly Wanser, and will oversee all aspects of ColdSpark's marketing activities, including analyst and media relations, demand generation, marketing programs and brand strategy to further increase the visibility and awareness of the company's portfolio of solutions.
Mike is an energetic and passionate leader who will help take our business to the next level of success, said Ms. Wanser. We are counting on Mike to accelerate our current momentum by increasing awareness of ColdSpark, supporting strong, direct lines of communication with our customers, cementing our position in the enterprise space and promoting the business value of the SparkEngine platform and ColdSpark solutions.
Mr. Puterbaugh comes to ColdSpark with extensive experience marketing enterprise software. He was most recently with eEye Digital Security as vice president of marketing, where he helped establish eEye as one of the industry's fastest growing network security software companies. Under his supervision, eEye's products were lauded by numerous publications, including Network World, PC Magazine, eWeek, SC Magazine and Windows ITPro. Mr. Puterbaugh was also critical in establishing eEye as the foremost educator on security software in publications such as Red Herring, The Wall Street Journal and USA Today, as well as being named Frost & Sullivan's Entrepreneurial Company of the Year for 2005. Prior to eEye, Mr. Puterbaugh held senior marketing positions at Quest Software, Mercury Interactive and Intel.
ColdSpark is a truly innovative company that combines unparalleled technology, a solid management team and a tremendous market opportunity, said Mr. Puterbaugh. ColdSpark already provides the world's largest financial institutions with the most scalable and powerful messaging infrastructure available. This is just the tip of the iceberg for ColdSpark, and my goal is to ensure the company reaches its full potential.
About ColdSpark, Inc.
ColdSpark has created the next generation of enterprise email infrastructure, based on the award-winning SparkEngineTM Mail Transport Platform (MTP), a new type of message platform for mail networks. The patent-pending SparkEngine is the foundation of ColdSpark's suite of advanced email security, compliance and customer care solutions, designed to solve important challenges facing enterprises in the capabilities, management and performance of email for critical business operations. Founded in 2001 by email technology veterans, ColdSpark's customers include Bear Stearns, Equifax, JP Morgan Chase, Lehman Brothers and Washington Mutual Bank.
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WEBLOYALTY SELECTS NEW SENIOR VICE PRESIDENT TO LEAD BUSINESS DEVELOPMENT
NORWALK, CT, August 29, 2006 -- Webloyalty (http://www.webloyalty.com), a leading provider of technology-based affinity services, today announced the appointment of Matt Gilbert as senior vice president, business development, and member of the leadership team of the company. Reporting to CEO Rick Fernandes, Gilbert will be responsible for adding to the client roster of over 120 e-commerce and travel businesses. Gilbert will relocate to Webloyalty headquarters in Norwalk, CT from Silicon Valley.
Matt's experience will be a tremendous asset to our management team and the execution of our growth strategy, said Rick Fernandes, CEO and co-founder, Webloyalty. Matt has a 14-year track record of increasing company market share in the search engine marketing and online advertising industries. He helped pioneer innovative online marketing that leveraged audience data, broadband connectivity and interactive media placement.
A large part of my career has been spent promoting the effectiveness of online marketing to advertisers, agencies and marketers. With Webloyalty, my efforts will focus on expanding our industry-leading position in the interactive marketing services industry. It is an exciting time to join Webloyalty, said Matt Gilbert.
Gilbert formerly served as senior vice president, IAC InterActive Corp's (Nasdaq: IACI) Advertising Solutions Search Marketing Practice with responsibility for all search advertising revenue, customer relationships and day-to-day operations. Prior, he rebuilt and integrated IAC's Ask.com sales force and was a member of the management team credited with the turnaround of Ask.com. Gilbert began his career on Wall Street as a financial consultant before assuming a regional sales management role at Narrative Communications, which became the Enliven Business Unit of @Home Network.
Gilbert replaces former senior vice president, business development, Shane Spitzer, who has been with the company since its inception. Spitzer will assume the newly formed role of senior vice president, strategic alliances, with responsibility for expanding the company's affinity subscription offerings, including Webloyalty's recently announced relationship with NASCAR and Stoneacre, Inc.
About Webloyalty
Webloyalty (http://www.webloyalty.com), a leading provider of technology-based, online affinity services, supplies more than one million subscribers with reward, discount and protection programs, such as Reservation Rewards (http://home.reservationrewards.com). Webloyalty clients - over 120 e-commerce and travel businesses - benefit from increased revenue and repeat purchases. Consumers benefit from high value subscription services that match their needs and interests.
Founded in 1999, Webloyalty was recently named the fastest-growing technology company in the state by Deloitte's Technology Fast 50 for Connecticut and the 8th fastest-growing technology company in North America by Deloitte's Technology Fast 500 programs.
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Tizor, the leading provider of data auditing and protection solutions, today announced that Joel Rosen has been named president and CEO. A technology industry veteran who has grown two previous companies to over $100 million in revenue, Rosen will lead the continued expansion of Tizor. Prat Moghe, founder of Tizor, is assuming the role of Chief Technology Officer and will continue to lead product and market strategy, and work closely with customers and business partners as they implement Tizor solutions. Rosen previously served as president and CEO of Navisite, a managed services infrastructure provider. There, he led the company through an initial public offering, grew revenue tenfold to $100 million, and oversaw the delivery of services which were backed by industry-leading service level agreements. Previously, Rosen spent 10 years at Aspen Technology, where he played a key role in defining and executing the strategy that grew revenues profitably from $6 million to $250 million, and that led to Aspen's becoming the clear market leader in its space. Rosen was also part of the core executive team that brought Aspen public. Most recently, he was a venture partner with Charles River Ventures, where he focused on investments in the software and services sector. Earlier in his career, Rosen worked at Bain & Company and also in brand management at Procter & Gamble. . "The data auditing and protection market is accelerating and we are excited to have someone with Joel's experience lead our team through this next phase of growth," said Prat Moghe, Founder of Tizor. "Ensuring the integrity of a company's data both to meet compliance requirements and also to make sure valuable internal and customer information is not being misappropriated is becoming a top priority at most companies. Like any important business process, this needs to be audited and made repeatable and scalable through automation, and that's exactly what Tizor does." Tizor is the technology leader in database auditing and protection, with a rapidly growing customer base. Its Mantra system enables companies to track and report in real-time all user activity touching both their structured and unstructured data. Importantly, Mantra is delivered as a "plug and play" appliance, which starts producing results almost immediately, is not "in-line" and is non-intrusive. Unlike log file-based approaches, Mantra does not bring any extra overhead and hurt the computing performance of databases. In addition, Mantra's built-in analytics and patent-pending behavioral fingerprinting technology allow users to automate identifying anomalous behavior and send real-time alerts. Mantra is available with pre-configured solutions for meeting data-related reporting requirements for Sarbanes Oxley and the Payment Card Industry (PCI) Data Security Standard, and is also used to meet a host of other regulations, including HIPAA and CA 1386. Additionally, it prevents information theft and unauthorized access to intellectual property. "I've had a great vantage point as a venture capitalist the past few years to see hundreds of companies and Tizor really stood out to me," said Rosen. "The quality of the team, the technical leadership of the product and the profound need for this type of solution in the marketplace are quite unique. I look forward to working with Prat and the rest of the management team to build Tizor into the market leader of an important new category. " About Tizor Systems Tizor is the leading provider of data auditing and protection solutions for the data center. Tizor's Mantra data security appliances are the industry's first enterprise solutions capable of monitoring critical data activity across databases, file servers, and mainframe applications. Mantra solutions enable the highest level of compliance assurance, data protection and privacy by providing a complete life-cycle of intelligent data auditing capabilities including audit reporting, theft detection, alerting, and data protection. Founded by former Bell Labs researchers and headquartered in Maynard, Massachusetts, Tizor is venture financed and led by industry veterans in networking, security, and software and systems management. Headquartered outside Boston, Massachusetts, more information on Tizor can be found at www.tizor.com.
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July 25, 2006 - Redwood City, CA Tumbleweed announced the appointment of Jim Flatley as Executive Vice President, Worldwide Sales. Mr. Flatley most recently served as the Executive Vice President of Sales, Services & Marketing at Network General Corporation. He has held executive sales positions at Aspect Communications, Plumtree Software, Siebel, and AT&T, after starting his career at IBM. "We are thrilled that Jim Flatley is joining our team," said James P. Scullion, CEO of Tumbleweed. "Throughout his distinguished career he has proven himself to be a dynamic and highly effective executive. His talent, energy and leadership will be indispensable as we grow our worldwide distribution capability in the coming years." "Tumbleweed is an outstanding company with a great customer base and high potential for future success," said Flatley. "I am excited to join at a time when the company is aggressively expanding its presence in the secure messaging marketplace, and look forward to working with Tumbleweed's customers and partners to help ensure our industry leading products have the most positive impact possible."
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Adaptive Planning Names Neil Thomas VP of Sales Company Taps Seasoned Industry Executive to Drive Accelerated Growth within Performance Management Market July 18, 2006 - Mountain View, CA Adaptive Planning, the industry leader in collaborative performance management solutions, today named Neil Thomas as Vice President of Sales. Having most recently served as a sales executive for Cognos, Thomas brings more than two decades of sales and management experience to his new role, as well as deep domain expertise in business intelligence, budgeting and forecasting, and financial management. At Cognos, Thomas led the region that generated the company's strongest sales growth, delivering nine successive quarters of year-on-year growth. Prior to his tenure at Cognos, Thomas held Area Vice President of Sales, Area Vice President of Channels, and General Manager positions at Adaytum, a market-creating budgeting and planning vendor that was acquired by Cognos in 2003. He joined Adaytum as one of the original team in 1996 and played a key role in driving the company's growth from $1 million to $61 million in revenue. From his many years as Group Financial Controller at Dimension Data (formally Tricom Group) and Marketing Controller at Johnson & Johnson, Thomas also brings valuable financial management insight to the Adaptive Planning team. Adaptive Planning develops a collaborative performance management solution that empowers business users with the information needed to make better decisions. Adaptive Planning 3.0, announced in June, surpasses traditional methods of managing financial processes by offering the flexibility of spreadsheets with the structure and process of enterprise business intelligence applications. Delivered either on-demand or on-premise, the solution is offered at an affordable annual subscription fee. It's an exciting time to join the company, said Thomas. With its groundbreaking solutions and innovative business model, Adaptive Planning is clearly redefining the playing field for planning and reporting applications. With the release of Adaptive Planning 3.0, we are well-positioned to aggressively capture market share within the performance management space, said William A. Soward, President and Chief Executive Officer of Adaptive Planning. Neil Thomas' proven track record in building teams and driving revenue, coupled with deep domain expertise in business intelligence and performance management, make him the ideal individual to spearhead the company's continued growth. About Adaptive Planning Adaptive Planning is the leading provider of collaborative performance management solutions. Adaptive Planning makes it easy for mid-size companies and departments of larger corporations to move beyond spreadsheets to a full-featured business performance management (BPM) solution for a fraction of the cost of traditional BPM or business intelligence applications. Delivered either on-demand or on-premise, Adaptive Planning is available for an affordable annual subscription fee. Adaptive Planning is headquartered in Mountain View, California and can be reached at 650-528-7500 or www.adaptiveplanning.com.
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Dell VP of Professional Services Jeff Lynn Joins Tectura as Chief Operating Officer July 17, 2006 - Redwood City, CA Tectura, the leading global provider of Microsoft integrated business solutions to mid-market companies, larger enterprises and their divisions, today announced that Jeffrey M. Lynn is joining the company as Tectura's Chief Operating Officer. Jeff Lynn is an experienced Fortune 500 executive with global management experience driving services businesses. He has created and managed services businesses ranging from entrepreneurial startups to global workforces of 13,000 staff and $3 billion in revenue. Since 2002, Mr. Lynn successfully grew Dell's global services organization as Vice President of Dell Professional Services. Previously, he held positions as VP & General Manager of Compaq Professional Services, and VP of Consulting to Banking, Finance, and Securities customers globally with IBM Global Services. We are very excited to have such a great leader, person and executive join our young global company, said Terry Petrzelka, Tectura CEO. I am confident that Jeff will add tremendous value to our business and he will have a significant positive impact on our team members, our clients, and our business partners. Jeff brings an industry reputation for building, leading, motivating and inspiring world-class teams. Tectura is experiencing a tremendous surge in interest from the marketplace, and with Jeff joining our executive team Tectura's global operational framework is strategically very well positioned.
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David Cassady Joins SpikeSource as the Executive Vice President of Operations
Redwood City, Calif. - July 11, 2006 - SpikeSource, a provider of business-ready open source solutions, announces today that David Cassady joins the company as the executive vice president of operations. In this role, Cassady will head up worldwide sales and field operations.
"We are delighted to have David join SpikeSource at this juncture in the growth of the company. His experience will help guide us as we develop our customer base and channel partnerships," said Kim Polese, CEO of SpikeSource. "David is experienced at driving growth, as seen with his past success, including Virsa, diCarta, Interwoven and Network Associates."
As the executive vice president of operations, Cassady will manage SpikeSource's worldwide sales teams and all customer-facing operations. SpikeSource has operations on three continents and a steadily-growing channel sales organization specialized in sales and services for open source solutions.
"SpikeSource is extremely well positioned for hypergrowth," said Cassady. "I am excited to drive open source solutions to an ever-broader range of markets and customers."
Prior to joining SpikeSource, Cassady was the senior vice president of Global Operations for Virsa Inc. While with Virsa, Cassady was instrumental in creating the phenomenal sales growth that resulted in the recent and successful acquisition of Virsa by SAP. Previously, Cassady held executive management positions in sales, services and support at diCarta, Interwoven and Internet Security Systems.
About SpikeSource:
SpikeSource was founded in 2003 to help accelerate the adoption of open source in the enterprise through automated software testing and certified open source solutions. The SpikeSource large-scale automated build and test system tests the complex interrelationships between hundreds of different open source components. This level of interoperability testing utilizes more than 30,000 tests across multiple platforms and runtime languages. The company provides free tested and certified open source software solutions, sells update and technical support services and provides free testing and certification services for open source projects. For more information visit www.spikesource.com.
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Bridgestream Strengthens Management Team with New Appointment Adds Edward Jackowiak as Vice President of Sales to Extend Market Momentum July 11, 2006 - San Francisco, CA Bridgestream, Inc., the leading provider of business roles automation solutions, today announced the appointment of Ed Jackowiak as vice president of sales. Jackowiak will report directly to Mark Tice, chief executive officer of Bridgestream.Ed makes a great addition to the leadership team especially at this critical stage in Bridgestream's growth, said Tice. His experience and insight will help continue to drive our sales growth and increase market adoption of our solutions. Jackowiak is a seasoned sales executive with over 17 years of experience building successful sales organizations in the identity management market. Most recently, he served as vice president of worldwide sales at Avatier where he was instrumental in building the company's U.S., EMEA and Asia Pacific sales and distribution channels. As vice president of worldwide sales at Kavado (now Protegrity), he increased revenue by 100 percent and signed up global customers. Jackowiak also served as Netegrity's vice president of sales responsible for commercial and channel sales, engineering and consulting, totaling more than 45 employees. Within three years, he grew revenue from less than $250,000 to $35 million and helped establish Netegrity as a dominant player in the fast-growing Internet security space.Bridgestream's SmartRoles provide companies a way to address the complexities in defining business functions throughout an enterprise, said Jackowiak. Years of experience in the identity management market have taught me that this is a compelling organizational problem. Bridgestream is well positioned to become the dominant player in the market and I'm excited to join the management team. About Bridgestream, Inc. Bridgestream is a leading provider of business roles automation solutions. The Bridgestream SmartRoles
TM software maps the business relationships that exist within a department, within a division and across the extended enterprise to provide fast, accurate and real-time information about role-based authorizations and changes. With Bridgestream, enterprises can decrease the cost of managing access and authority information, improve visibility and control as well as ensure regulatory compliance. Bridgestream is headquartered in San Francisco, Calif. For more information, visit www.bridgestream.com or call (415) 284-2800.
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Daversa Partners Places Marketing Exec At Arcot Systems July 6, 2006 - Sunnyvale, CA Executive search firm Daversa Partners has recruited Carol Stone as Vice President of Marketing for Arcot Systems. Ms. Stone has several years experience in the security industry including five years as Vice President Worldwide Marketing with Check Point Software Technologies. Managing partner Bruce Brown of Daversa Partners led the search. Arcot is a provider of secure e-payment, credential management, strong authentication, and digital signing software solutions for financial services, bio-pharmaceutical, and other security-conscious enterprises. Daversa Partners, located in Stamford, CT and San Francisco, CA recruits C-level executives exclusively for venture backed companies in the BPO, enterprise software and consumer spaces.
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Kalido Appoints William M. Hewitt President and Chief Executive Officer Senior executive takes helm of leading provider of enterprise information management software June 26, 2006 - Burlington, Mass Kalido, a leading provider of information management solutions, has named William M. Hewitt president and chief executive officer. Hewitt, 46, will lead the strategic direction and operations of Kalido worldwide. Hewitt, who was most recently president, Asia Pacific for Novell, brings more than 20 years of experience in management and leadership roles at some of the most respected software, hardware and services companies. Hewitt will also join Kalido's board of directors and is based at Kalido headquarters in Burlington, Massachusetts. Successful companies need visibility into business performance more than ever, said Hewitt. By providing a foundation for strategic information management, Kalido's innovative, patented software delivers real-time information that adapts as businesses change and grow. Our customers have saved hundreds of millions of dollars in real costs using Kalido. With our world class investors, customers and employees, Kalido is well-positioned to continue to be a disruptive force in the information management market. Prior to Novell, Hewitt served in executive positions at market leading companies, including group vice president of industry solutions at PeopleSoft, senior vice president of sales and marketing at Brigade Corporation, and senior vice president of marketing for ProBusiness Services. Hewitt started his software career with Hyperion Software in 1996, where he held the top marketing post. In addition, Hewitt spent 10 years in sales, marketing and management positions with the IBM Corporation. Bill Hewitt is a seasoned technology executive with a proven record of helping global organizations obtain strategic, tangible business value from enterprise software investments, commented Christopher Spray, senior partner, Atlas Venture. His expertise in managing companies in all phases of growth, from venture-backed firms to public enterprise software companies, will add further strength to Kalido's management team and propel the company's continuing growth and momentum. About Kalido Kalido delivers enterprise information management software that adapts to business change in real-time. By dramatically enhancing visibility into corporate performance on a global basis, Kalido customers have experienced significant improvements in both top and bottom line performance. Kalido's innovative, patented software provides customers with the ability to dynamically view the impact of business changes, including reorganizations, mergers and acquisitions, or regulatory requirements, resulting in faster, better decision making throughout the enterprise. Kalido software can be implemented and deployed at a fraction of the cost of traditional information management methods. Kalido software is installed at over 200 locations in over 100 countries with market leading companies including BP, HBOS plc, Intelsat, Labatt Breweries of Canada, Owens Corning, Philips, Shell Group and Unilever. Kalido is backed by Atlas Venture, Benchmark Capital and Matrix Partners, and headquartered in Burlington, Mass.
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VIVOX APPOINTS RICK FRYE AS VICE PRESIDENT OF SALES April 24, 2006 - Framinham, MA Framingham, Mass. - April 24, 2006 - Vivox, a pioneer in delivering communication to communities, has added Rick Frye to its executive team as vice president of sales. In his new role, Frye brings proven leadership skills in driving profitable growth in a start-up environment, as well as an accomplished history in sales. He will lead the Company's expansion efforts in key media markets including gaming, social networking, online dating and other large online communities, and continue to grow the Company's leadership in the IP-communications industry. Frye has almost 25 years of sales and executive management experience. Most recently, he held executive positions at Gryphon Networks of Norwood, MA, including vice president of sales and vice president of business development, where he focused on new revenue generation through direct and partnership channels. While at Gryphon Networks, Frye led the initial go-to-market sales strategy for the company's first-tomarket product launch of Call Advisor, a voice integrated business solution suite for telemarketing compliance. Frye was formerly regional director of commercial sales at Castrol HDL North America, now a division of BP/Amoco, where he led direct B2B and distribution channel sales organizations for the U.S. and Canada. "Rick has a proven track record of sales leadership and new market development," said Rob Seaver, CEO, Vivox. "His demonstrated success in forming successful business alliances and developing an effective sales team will strengthen our position within the online communication industry and bring significant value to our clients." Founded by VoIP visionary Jeff Pulver, Vivox is in a unique position in the market not only to provide high-quality IP-communications, but also to shape the future of online communications. Vivox's tailored communication services bring better, more natural interactions to online communities. "The landscape of online communications is radically changing and Vivox is leading the evolution," said Frye. "Having a passion for bringing new technologies to market and building demand, I am excited about working with this talented team." Frye received his bachelor of science in business administration at the University of Massachusetts, Amherst. About Vivox Vivox's managed services generate natural and engaging online interactions that incorporate the intelligence, power and nuance of real world communication. Vivox's carrier-grade communications platform, Precision Studio, combines text, voice, video, multi-party communication and presence, in simple and intuitive solutions for online communities. With specific offerings for the online dating and Massive Multiplayer Online Gaming markets, Vivox generates incremental revenue opportunities and enhances services for its customers' unique businesses. For more information please visit www.vivox.com.
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KETERA NAMES BURTON M. GOLDFIELD NEW CHIEF EXECUTIVE OFFICER New CEO Brings Experience in Growing Emerging Businesses; Ketera's Steve Savignano Continues as Chairman of the Board April 20, 2006 - Santa Clara, Calif., April 20, 2006—Ketera, the leading provider of On Demand Spend Management solutions, today named industry veteran, Burton M. Goldfield, as the company's new chief executive officer. Prompted by increased global demand for its on demand spend management solutions and the company's recent high-volume surge of customer wins, Goldfield, 50, was appointed to the executive leadership role in an effort to scale the company's business leadership to match its explosive growth momentum. Steve Savignano, who has served as Ketera's CEO and Chairman of the Board for the past two years, will continue on as the Chairman of the Board. Goldfield brings to Ketera more than 25 years of sales and operational leadership experience and technology management, most recently serving as Senior Vice President, Worldwide Field Operations at Hyperion Solutions Corporation. Prior to Hyperion, Goldfield came from IBM Corporation where he was vice president of worldwide sales for the Rational software brand, leading the global direct and indirect sales, consulting and field operations organizations. Prior to Rational being acquired by IBM, Goldfield led the growth from a $25 million dollar company to one generating more than $700 million in annual revenues. Goldfield's transition to CEO of Ketera will be effectively immediately. In his new role, Goldfield will lend his expertise to further developing Ketera's emerging SaaS business by increasing it's spend management footprint with both mid-sized and global enterprises. We have built a tremendous team at Ketera over the past two years, as evidenced by our phenomenal growth to date and our market traction, said Steve Savignano, Ketera chairman. Ketera is very lucky to have a leader of Burton's caliber, and track record for growing emerging businesses, come on board to take the company to the next level. My efforts as chairman will be focused on reaching out to our customers and collaborating on board-level strategy and the direction of the company, continued Savignano. I look forward to assisting Burton and his team as they build on our achievements. Ketera is definitely an emerging leader in the SaaS market and has already achieved great success in the market by delivering proven cost savings to customers with its on demand spend management solutions, said Burton Goldfield. Steve has been instrumental in bringing this vision to market, and has done a terrific job priming Ketera for the future. As CEO, I look forward to expanding upon this vision of on demand excellence, and I'm committed to steering Ketera forward in its next phase of growth.We are delighted that Burton will be joining Ketera as CEO and adding to the incredible depth of the company's existing, seasoned executive team, said Ted Schlein, partner at Kleiner Perkins Caulfield & Byers. We believe that SaaS will be the hottest growth area in technology over the next few years - with many companies vying to take a leadership seat next to SalesForce.com. Burton has the expertise and vision to ensure Ketera's seat at that table. About Ketera Ketera is the leading provider of on demand, spend management solutions, providing companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Ketera Spend Management includes applications for spend analysis, sourcing, procurement, contract management, supplier performance and payment and reconciliation. The Ketera difference is our on demand delivery model, which combines hosted spend management applications with the heavy lifting services required for success, including supplier enablement, hardware infrastructure, project resources, system administration and solution upgrades. For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.
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Tumbleweed Names Daniel Greenberg Chief Marketing Officer Technology industry veteran to focus on market expansion strategy and increasing the company's global brand awareness April 03, 2006 - Redwood City, CA - April 3, 2006 - Tumbleweed
® Communications Corp. (NASDAQ:TMWD), a leading provider of email security, managed file transfer, and identity validation appliance and software products , announced today that Daniel Greenberg has joined the company as chief marketing officer. In his new role, Greenberg will be responsible for leading Tumbleweed's global marketing efforts. Greenberg brings nearly two decades of leadership experience in branding, marketing, and delivering world class products to market. Prior to joining Tumbleweed, Greenberg was vice president of worldwide marketing and product management at Macrovision's software technology group. Before Macrovision, Greenberg was a founder and vice president of marketing and product management at Active Decisions and before that he was vice president global marketing for ACNielsen. Greenberg has also held strategic marketing positions with Dun & Bradstreet and General Motors. "We're excited to have Daniel on board and are confident that he'll make a significant impact on our brand awareness and global visibility," said Jim Scullion, president and chief executive officer of Tumbleweed. "Daniel has a strong track record of marketing successes and brings the mix of market strategy expertise, broad experience, and technical knowledge we've been looking for." "Tumbleweed is facing an enormous opportunity with a customer list that boasts 9 of the 10 top financial institutions in the world - those with the most demanding security requirements. My due diligence with customers and industry experts revealed a high level of satisfaction. Tumbleweed's products are considered truly ‘best-in-class'," said Greenberg. "I look forward to working with what is already a strong marketing team to help create an even greater presence for the Tumbleweed brand." Greenberg received his M.B.A. with honors from University of Chicago Graduate School of Business, as well as his B.A. in economics from Oberlin College.
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Permabit Adds To Exec Team With New VP Of Worldwide Sales Cambridge, Mass March 31, 2006 - Permabit Inc., whose software preserves data for compliance with government regulations and for medical records, has added x Copan Systems Exec to its ranks. As Permabit's new vice president of worldwide sales, Jeff Edwards will be responsible for expanding and managing the company's domestic and international channel sales force and developing reseller partnerships. Previously, Edwards was vice president of sales for Copan Systems Inc. and vice president of worldwide sales at Nishan Systems Inc. Permabit's software is sold to customers through Internet service vendors, which combine Permabit's software with a hardware appliance. Most of Permabit's customers are financial services companies, which can use the software to archive data to meet government regulations, such as Sarbanes-Oxley, the corporate governance act. The company also has health-care customers, which use the software to archive fixed content such as MRIs, CT scans, radiology images and other medical images. In September, the company raised $12 million in Series C funding, led by existing investor Baker Capital, the largest stakeholder in the company. The company raised about $32 million since its formation in 2000.
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Data Protection Co. Data Domain Hires New VP Of Marketing, Beth White. Palo Alto, CA March 30, 2006 - Data Domain Inc., a provider of enterprise data protection hardware and software, has named Beth White vice president of marketing. In her new role, White will direct corporate, product and channel marketing as well as marketing communications. Prior to joining Data Domain, White served as vice president of corporate marketing at Aarohi Communications Inc., an intelligent storage component provider. Before that she was vice president of worldwide marketing at Vixel Corp., a storage switch company, which was later acquired by Emulex Corp. Aimed at the backup and recovery and data protection market, Data Domain's hardware and software is designed to make disk storage fiscally competitive with cheaper tape-based systems. The technology, dubbed capacity optimized storage, is designed to compress large amounts of data before writing it on disk, thereby fitting much more information on each disk. Last August, Data Domain pulled in $15 million in an inside Series C round, led by Greylock Partners with participation from New Enterprise Associates and Sutter Hill Ventures. The round brought the company's total financing to $41 million.
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Tod Klubnik Joins MessageOne As Executive Vice President Of Worldwide Field Operations Increased Sales Efforts Drive Business Continuity Company's Growth Austin, TX - March 27, 2006 March 27, 2006 - MessageOne, the fastest growing business continuity company, today announced that Tod Klubnik has joined the firm as Executive Vice President of Worldwide Field Operations. In his new role, Mr. Klubnik leads MessageOne's sales, channels, pre-sales, business development, and account management teams, including overseeing its North American and European operations. Mr. Klubnik brings 18 years of industry experience in executive sales, channels and operations management. Prior to MessageOne, Mr. Klubnik was Senior Vice President of Sales and Business Development for PlanView, a leading provider of IT Portfolio Management software. During his tenure, he expanded substantially the sales organization, grew revenues significantly, and forged strategic partnerships with EMC, PriceWaterhouseCoopers, BMC-Remedy, and Keane. He previously served as Executive Vice President of Worldwide Sales and Business Development for Zilliant, where he built the company's direct and channel sales teams and established the company as the revenue and customer leader in the pricing optimization software space. Before Zilliant, Mr. Klubnik spent six years with PTC, during which the company grew from $130 million to over $1 billion in annual revenues. At PTC, he led sales & operations units in North America and Europe, culminating in leading a team of over 100, driving revenues of $85 million per year. During his three-year European assignment with PTC, he led teams in Sweden, Finland, Germany, Austria, Switzerland, Eastern Europe, the Middle East, and South Africa. "As MessageOne continues our growth with more than a thousand customers throughout the U.S. and abroad, Tod‘s expertise and experience in sales and operations will be a tremendous asset to MessageOne," said Satin Mirchandani, CEO of MessageOne. "The customer demand for our products is so strong that we are putting a high priority on expanding and deepening our sales team so that companies can rest assured that their business continuity needs will be met and exceeded." Tod Klubnik graduated with a B.S. in Mechanical Engineering from Texas A&M University. About MessageOne MessageOne (www.messageone.com), headquartered in Austin, Texas, is the fastest growing business continuity company. MessageOne's suite of products includes Email Management Services
TM (EMS
TM), a highly scalable, extremely affordable standby email solution; AlertFind
TM, the leading enterprise emergency notification and escalation platform; and OneSwitch
TM, the only solution to provide automated one button failover service for Windows applications. MessageOne has thousands of customers including Motorola, T. Rowe Price, CIT, Young Broadcasting and MaxRe.
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Blazent Appoints Ed Forker to Lead Worldwide Sales Team Former EMC Executive to Drive Enterprise Software Company's Sales Strategy San Mateo, CA March 6, 2006 - Blazent, the leader in IT business intelligence (BI), today announced Ed Forker as their new Senior Vice President of Worldwide Sales. Forker will lead the expansion and execution of Blazent's global sales strategy, including channel development and segment penetration. Ed joins Blazent with a fantastic track record of growing global sales organizations in the enterprise space, says Gary Oliver, Blazent's President and CEO. Combined with his deep understanding of the business of IT and Blazent's proven success, we are confident that Ed will accelerate Blazent's further penetration in the Fortune 500 and IT service provider markets. Blazent is at that exciting stage where its products are leading in both innovation and maturity, and they have continually proven the impact Blazent can have to a company's bottom line, says Ed Forker. Large-scale organizations with massive collections of IT data spread across the organization can use Blazent to quickly integrate, cleanse, and consolidate that data into a single point of visibility for richer business analysis, cost take-out, and strategic alignment of IT resources with the business. About Ed Forker Ed Forker joins Blazent from EMC, as the senior vice president of worldwide sales for the SMARTS division, which sold and supported over 300 Fortune 500 enterprise and service provider customers. In four years, he grew SMARTS revenue from $15 million to $71 million, achieving 16 consecutive profitable quarters. Prior to SMARTS, he held executive leadership positions at Metromedia Fiber Network, Lucent Technologies, Cidco, BayNetworks, Digital Equipment Corporation, Citibank and AT&T.
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OutlookSoft Names Ben Plummer Chief Marketing Officer February 8, 2006 - OutlookSoft Corp., a provider of enterprise performance management software, said it named Ben Plummer to the newly created position of chief marketing officer. Plummer previously worked at Cognos for the past 13 years, most recently as vice president of global partner operations. He has also held positions as senior vice president of marketing for Convera, a search and content management technology provider, and executive vice president and co-founder at Clareos, a high volume OLAP engine software company. OutlookSoft's Web-based application enables strategic planning, budgeting, forecasting, legal consolidation, reporting, predictive analytics, scorecarding and dashboard capabilities. The software also includes a patented, enterprise-class version of Microsoft Office Excel. Customers include Merrill Lynch & Co. Inc., Prudential Financial Inc., Cingular Wireless LLC and Dell Inc. The Stamford, Conn.-based company, founded in 1999, has raised $40 million to date, including most recently a $22.5 million Series D from Battery Ventures, Greylock, Pequot Ventures and GE Commercial Finance in 2004.
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Adaptive Planning Appoints William A. Soward CEO as Company Continues to Rapidly Grow Customer Base January 10, 2006 - Mountain View, Calif., — January 10, 2006 — Adaptive Planning, Inc., the leading provider of on-demand budgeting, forecasting and reporting applications, today announced it has named William A. Soward as chief executive officer. Soward brings 25 years of experience in management at technology companies and in operational finance roles. Most recently, Soward was general manager of FRS, a business unit of S1 Corporation providing financial institutions worldwide with enterprise risk and regulatory compliance solutions. With the addition of Soward to the management team, founding CEO Robert Hull transitions to the position of chief financial officer and vice president, professional services and support. He will be responsible for Adaptive Planning's financial management, as well as for providing the company's customers with implementation services, training and support. As the Business Performance Management landscape continues to evolve, on-demand software solutions present an attractive option for finance departments that struggle with the challenges of spreadsheet-based budgeting, forecasting, and reporting, said Soward. It's an exciting time to join Adaptive Planning as the company enters into a stage of accelerated growth. At S1, Soward transformed FRS into S1's most successful business unit, more than doubling revenues while building profitable and sustainable customer relationships with global financial institutions. Additionally, as a member of S1's executive team, Soward spearheaded the build-out of S1's European operations and served as interim CEO of S1 Europe as well as S1's Edify business unit. He also held a variety of management roles at Edify Corporation prior to its acquisition by S1, and played an instrumental role in that company's acquisition by S1. Earlier in his career, Soward worked for such companies as ROLM/Siemens A. G. and IBM Corporation. Bill Soward will be a tremendous addition to the Adaptive Planning team as we continue to expand our offerings, enlarge our customer base and grow the company. We're very excited to have him on board, said Robert Hull. Bill's demonstrated track record of building profitable companies and his passion for developing solutions that create value for customers made him the perfect candidate to take Adaptive Planning to the next level in its continued growth, said Ken Ross, Adaptive Planning board member and former president and CEO of Pillar Corporation.About Adaptive Planning Adaptive Planning is the leading provider of on-demand budgeting, forecasting, reporting and analytics applications. Adaptive Planning makes it easy for mid-size companies and departments of larger corporations to move beyond spreadsheets to a full-featured planning solution for 1/5 the cost of traditional enterprise planning applications. Delivered as a service over the web, Adaptive Planning includes world class hosting, support, and application upgrades for a low monthly subscription fee. Adaptive Planning is headquartered in Mountain View, California and can be reached at 650-528-7500 or www.adaptiveplanning.com.
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Verid Adds Senior Sales Executive
Ft. Lauderdale, FL - January 9, 2006 - Verid, a leading provider of Knowledge Based Authentication (KBA) services announced today the appointment of Iain Kerr as its Senior Vice President of Sales. The addition of Iain is a key milestone for Verid as the company accelerates the expansion of its sales organization.
We are pleased that Iain has joined Verid to drive the company's overall sales efforts. He brings a proven track record in sales, marketing and management that will help Verid increase the adoption rate of our KBA Service, said Kevin Watson, Verid's CEO. With the growing demand for authentication technologies, and our increasing deployment in enterprise level businesses, Iain's appointment is a major step in ramping up our sales momentum and strengthening Verid's position as the leader in Knowledge Based Authentication.
Kerr has more than 25 years experience in sales, marketing and general management, both with start-up and public companies in the application and security software. Prior to joining Verid, he was Senior Vice President of Worldwide Sales for Sygate Technologies, a security software company acquired by Symantec in October 2005. Iain previously served as President and CEO of Vista Software Solutions (VSS), COO for Norkom Technologies and spent 14 years at Hyperion Solutions, where he held numerous senior sales management positions, including that of group vice president for its Europe, Middle East and Africa (EMEA) division.
Verid's clients include financial institutions, wireless telecom providers, payment processors and retailers, all of which trust Verid to provide highly secure authentication services. Verid's KBA service delivers accurate identity verification throughout the customer lifecycle including new account originations, recurring service transactions, and exception processes. KBA works effectively across all consumer touch points and can be integrated into both call center applications and self-service websites.
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