|[February 26, 2013]
Damballa Further Strengthens Executive Leadership Team with Two Appointments
ATLANTA --(Business Wire)--
Inc., the recognized experts in advanced
threat protection, today announced it has expanded the executive
leadership team with two important hires to support business operations
and drive strategy. David Fortune has been named vice president of
operations, and Bassam Khan will serve as the vice president of
corporate strategy. These additions are indicative of the strong
momentum the company is experiencing as it continues to grow its
customer base in nearly every vertical, deliver significant innovations
in its product lines and advance its threat research capabilities.
Recently, the company closed a $15M round of funding and added key
executives including Dave Scholtz, CEO, and Jennifer Byrne, vice
president of global alliances.
"Damballa is growing rapidly along with the recognized need and demand
for innovative cyber security solutions," said David Scholtz, CEO of
Damballa. "Our exceptional people are the key to our growth and drive
our unique approach to cyber security. The addition of seasoned
executives like David Fortune and Bassam Khan is representative of our
commitment to realizing operational excellence, furthering innoation
and maximizing customer value realization even as we experience
tremendous growth in our business."
Fortune brings more than 20 years of experience in business operations,
strategy and planning to Damballa. Most recently, Fortune led
go-to-market planning and operations for HP Software. At Mercury
Interactive, he integrated acquired companies, directed operations for
the application management business division, led IT application
development and quality assurance, and established and drove
transformation initiatives. Fortune holds an MBA from the University of
Denver and degrees from Seattle Pacific University and Yale University.
Khan has a strong track record in products, marketing and operations for
security, cloud and collaboration technologies. Khan led marketing and
products at PostPath, an enterprise email startup acquired by Cisco (News - Alert) for
$215M in 2008. At Cisco, he headed up product, development operations,
professional services, and customer support teams for Cisco's hosted
enterprise email service. Khan was vice president of marketing at
Cloudmark (News - Alert), a messaging security company, which he helped triple its
position in the service provider market. Bassam received his
undergraduate degree from Carnegie Mellon and a masters degree from
"With our focus on listening to network behavior coupled with
patent-pending analytics techniques, Damballa customers are experiencing
a strong return on their investment," said Fortune. "Rapidly identifying
and terminating criminal communications, while reducing their overall
cost of threat prevention and mitigation, Damballa delivers outstanding
value to our clients."
"Damballa is shifting the advanced threat protection market from a
prevention-based mentality to a detect-and-respond security posture,"
said Khan. "We are well-positioned to help organizations defend against
the increasingly menacing cybercrime 'kill chain.' Enterprises and
service providers are rapidly adopting and experiencing the
effectiveness of Damballa's technology. I am excited to help shape the
company's growth in the coming months and years."
About Damballa - Damballa offers the leading advanced threat
protection solutions for identifying criminal actors in enterprise
networks and malware-infected subscribers in carrier networks. Our
patent-pending solutions automatically detect and terminate criminal
activity, stopping data theft and providing the forensics needed to
expedite incident response and remediation. Damballa protects any type
of server or endpoint device including PCs, Macs, Unix, iOS, Android (News - Alert) and
embedded systems across corporate, ISP and telco networks. Damballa
protects more than 300 million endpoints globally at mid-size and large
enterprises in every major market, and for some of the largest ISP and
telecommunications providers in the world. http://www.damballa.com.
[ InfoTech Spotlight's Homepage ]