SOURCE: CloudPassage

CloudPassage

October 28, 2013 09:00 ET

CloudPassage Taps Veteran Technology CFO to Accelerate Company Growth

SAN FRANCISCO, CA--(Marketwired - Oct 28, 2013) - CloudPassage®, the leading cloud infrastructure security company, today announced the addition of Steve Shevick as Chief Financial Officer. Shevick brings a wealth of industry knowledge with 18 years of senior executive experience, including 10 years as CFO of public and private technology companies.

Shevick's experience includes 10 years as General Counsel and CFO of Synopsys, Inc, a $1 billion public company and the leader in the electronic design automation software industry. Shevick also has considerable experience in guiding innovative early stage companies through funding events, in structuring strategic agreements and in executing intellectual property transactions.

"Cloud adoption is skyrocketing, and CloudPassage continues leading the charge to provide infrastructure security solutions that are truly built for cloud environments. Steve Shevick brings the experience and leadership required to manage the company's growth and development," said Carson Sweet, CEO and founder of CloudPassage.

"CloudPassage is in on the cusp of tremendous acceleration, as companies throughout the economy move toward cloud adoption. The company has a talented team, an exceptional product, and a dominating position in an emerging market," said Shevick, new CFO of CloudPassage. "That's a winning combination in any industry and makes it a very exciting place to be. I'm looking forward to helping guide CloudPassage's growth as it expands its position as the leader in cloud infrastructure security."

CloudPassage is at the forefront of a quickly maturing space. Gartner expects the cloud-based security services market to reach $4.2 billion by 2016, and in 2013 alone, CloudPassage has experienced triple-digit growth. Shevick joins CloudPassage as CFO to help shepherd the growing business as CloudPassage looks to accelerate customer adoption, move into more markets and expand its product portfolio.

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About CloudPassage
CloudPassage is the leading cloud infrastructure security company and creator of Halo, the industry's first and only security and compliance platform purpose-built for elastic cloud environments. Halo's patented architecture operates seamlessly across any mix of software-defined data center, public cloud, and even hardware infrastructure. Industry-leading enterprises including multiple trust Halo to protect their cloud and software-defined datacenter environments. Headquartered in San Francisco, CA, CloudPassage is backed by Benchmark Capital, Tenaya Capital, Shasta Ventures, and other leading investors. For more information, please visit http://www.cloudpassage.com

CloudPassage® and Halo® are registered trademarks of CloudPassage, Inc.

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    LEWIS PR for CloudPassage
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