SOURCE: Alert Logic

Alert Logic | Managed IT Security, Compliance Automation

September 13, 2010 09:00 ET

Alert Logic Announces New Executive Appointments

Former SunGard and The Planet Executives Bring Additional Hosting Expertise and Proven Experience in Leading Large-Scale Growth

HOUSTON, TX--(Marketwire - September 13, 2010) -  Alert Logic, the leading provider of log management, intrusion detection and cloud security solutions for enterprises and service providers, today announced two new senior executive appointments.

Dave Colesante has been appointed senior vice president of product development and chief technology officer (CTO), effective October 1, 2010. Johnny Vincent joins the company as vice president of finance and chief financial officer (CFO), effective September 27, 2010. Both executives bring significant IT service provider expertise to Alert Logic in addition to their extensive experience running and scaling growth companies.

Colesante joins Alert Logic from SunGard Data Systems where he is currently senior vice president and general manager of managed services for SunGard Availability Services. Prior to SunGard, Dave was a co-founder and served as senior vice president of operations and CTO for VeriCenter, Inc., a leading managed hosting provider, acquired by SunGard in 2007. At SunGard, Colesante has P&L responsibility for the Managed Services line of business, which provides Managed Hosting, Enterprise Cloud, and Colocation services to midmarket and enterprise customers from one of the most extensive data center footprints in North America. 

Vincent was vice president of finance and chief accounting officer for The Planet, a leading global hosting provider headquartered in Houston. Prior to The Planet, Johnny was vice president and corporate controller for Hercules Offshore, Inc., and previously was controller for a $1.5 billion line of business at Dell, Inc.

"Adding Colesante and Vincent to our executive team gives Alert Logic the depth of experience required to achieve our ambitious growth objectives," said Gray Hall, chief executive officer at Alert Logic. "As we continue to establish Alert Logic as the leading provider of SaaS security solutions for service providers and their customers, our growth will continue to accelerate. Dave and Johnny round out my executive team and give us the capacity to successfully run a business several times larger than Alert Logic is today."

These new executives bolster Alert Logic's existing service provider expertise. Hall and Colesante were among the co-founders of VeriCenter, which grew from start-up in 2000 to become an $80 million business in 2007 before its successful sale to SunGard Data Systems. With the addition of Colesante and Vincent, each of the top seven executives at Alert Logic has several years of leadership experience with hosting and cloud service providers.

Concurrent with these changes, Alert Logic co-founder Misha Govshteyn is appointed to the new role of vice president of technology and service provider solutions. In this capacity, Misha is responsible for evaluating emerging technologies, prototyping new products and leading Alert Logic's solutions architecture efforts for large-scale service provider, complex enterprise and cloud computing environments. Misha remains responsible for the company's long-term technology direction and product strategy.

"In co-founding Alert Logic, Misha had the foresight to develop and bring to market the industry's first intrusion and log management Software-as-a-Service solutions," said Hall. "As we scale the business and realize the vision of our founders, Misha will focus on working directly with our service provider partners and ensuring that we continue to bring the most progressive products to market and that we integrate successfully with leading service provider networks and cloud computing platforms."

About Alert Logic
Alert Logic delivers cloud-powered, managed solutions for IT security and compliance by combining patented technology and 24x7 monitoring by certified analysts. With over 1,000 enterprise customers, serviced directly by Alert Logic or through an IT service provider partner, Alert Logic's Threat Manager and Log Manager provide the best of intrusion detection, network vulnerability assessment, log management and security monitoring. Alert Logic enables users to improve their security posture and comply with regulations and mandates without any capital expense, internal IT resources or protracted implementation times. Alert Logic is based in Houston, TX and was founded in 2002. For more information, please visit http://www.alertlogic.com.

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