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|Infrascale Announces Key Leadership Hires and Additional Funding to Support Accelerated Growth
|Posted: Wed Feb 12, 2020 03:04:03 PM
Infrascale appoints high-growth, tech industry veteran Russell P. Reeder as CEO, makes several new additions to its leadership team, and secures new funding led by existing investors
Los Angeles, February 12, 2020 – Infrascale, a cloud-based data protection company providing industry leading backup and disaster recovery solutions, today announced the appointment of Russell P. Reeder as Chief Executive Officer to lead its next stage of growth.
Reeder brings more than 25 years of experience to the company along with a proven history of building and growing technology businesses. He started his career developing and implementing enterprise financial systems and then moved into management to help grow the Oracle Applications business. As a CEO, he specializes in leading high-growth, cloud-based and disruptive businesses that marry a customer-centric vision with strong technology innovation. In addition, Reeder has led successful exits for businesses under his command, including content-on-demand and digital publishing platform LibreDigital (which sold to RR Donnelly), and cloud hosting business MediaTemple, (which sold to GoDaddy).
Infrascale also announced several new leadership hires: Brian Kuhn as Chief Operating Officer, Robert Peterson as Chief Financial Officer, Carolyn Kress as Chief People Officer, Lindsay Haun as Vice President of Global Customer Success, and Adam Berger as Vice President of Global IT and Cloud Operations.
Current Investors Route 66 Ventures and Carrick Capital have committed to support the company’s accelerated growth plans following strong operational and financial performance, and the new additions to the leadership team.
“I am excited by the opportunity to build upon the success that Infrascale has seen to date,” said Reeder of his appointment as CEO. “The company’s technology is recognized by experts as industry-leading, our partner and customer base is solid, and we have a smart, motivated and committed global team that can deliver. It’s the ultimate recipe for success – the right market, people, customers and technology.”
“With its seasoned leadership, strong growth, and leading backup and disaster recovery technology delivering comprehensive data protection, Infrascale is well positioned to win in this market,” Route 66 Ventures Founding Partner and Infrascale Board member Ryan Katz said. “In the ever more complicated and risky digital landscape, all companies need data protection through backup and disaster recovery to protect their businesses, and Infrascale is perfectly positioned and has proven to deliver.”
Infrascale founder and former CEO, Ken Shaw Jr. will continue as an advisor to the company. “It’s been an honor to take Infrascale from an idea to a company, with thousands of customers, cutting-edge technology and employees that span five continents,” said Shaw. “It has been a truly rewarding experience for me and the time has come for a new leader to take Infrascale through its next phase of growth. I look forward to supporting Russ and the team in the future.”
Infrascale currently protects over 350 Petabytes of data for over 70,000 customers and 250,000 devices across nine private data centers and multiple public cloud providers, including AWS, GCP and Azure.