SOURCE: HyTrust

August 10, 2017 08:00 ET

HyTrust Expands Global Sales Leadership Team to Capture Large Market Opportunity

Recent hires position company to capitalize on strong business in the government and U.S. commercial sectors, expand internationally

MOUNTAIN VIEW, CA--(Marketwired - August 10, 2017) - HyTrust, Inc. today announced that it is expanding its global sales leadership team with the addition of Chris Moore as senior vice president and general manager for North America, and Pat Conte as vice president and general manager of international business. The announcement comes on the heels of HyTrust's expansion in July of its Federal Advisory Board and hiring of Wayne Lewandowski as senior vice president and general manager of the North American public sector.

The hiring of Moore and Lewandowski combined with the Federal Advisory Board expansion positions HyTrust to capitalize on strong business in the government and U.S. commercial sectors, while Conte will expand the company's international footprint. Meanwhile, HyTrust is enjoying strong growth, with a 92 percent CAGR in revenue in the last three years, as well as robust customer traction. HyTrust customers include three of the top five banks, two leading credit card brands and top government agencies -- all of this in a global cloud security solutions market that Forrester predicts will grow 28 percent annually over the 2017 to 2021 period, from $1.5 billion in 2017 to $3.5 billion in 2021.

"The planets are aligning like never before for HyTrust," said HyTrust Chairman and CEO John De Santis. "We have a tremendous market opportunity before us, and now we have the global sales leaders in place to take full advantage of it. I couldn't be more excited to have Chris and Pat aboard at this stage in our growth."

Moore is an accomplished leader with a successful track record of building and leading high performance sales teams. Before joining HyTrust, he served as senior vice president of global sales for Codenvy, Inc., which was recently acquired by Red Hat. He has also been part of the senior leadership teams of several startups with successful exits, including Kace Networks (Dell), AvantGo (Sybase), Genesys (Alcatel) and NeXT (Apple). Moore holds a BSEE from the University of Illinois at Urbana-Champaign and an MBA from Northwestern University's Kellogg School of Management.

Conte has a track record of building go-to-market strategies and teams for a number of Silicon Valley technology innovators in spaces as diverse as 3D graphics, server appliances, high performance computing, security and compliance, and data center virtualization. He has led several of his companies to successful exits including Dynamic Pictures (3Dlabs), Cobalt Networks (IPO then acquired by Sun) and Topspin Communications (Cisco). He has a BA in Political Science and Government, History from James Madison University, and an MA in International Relations and National Security Studies from Northern Illinois University.

In July, HyTrust added three notable members to its Federal Advisory Board: former U.S. Sen. Mark Kirk, of Illinois; retired Lt. Gen. Rhett Hernandez, first commander of U.S. Army Cyber Command; and Reginald Hyde, former deputy undersecretary for intelligence and security in the U.S. Department of Defense. The Federal Advisory Board, established by HyTrust to extend its presence in the public sector, is comprised of former senior government officials, both military and civilian, and industry executives, all with distinguished records in national security, technology and cybersecurity.

Adding to HyTrust's growth momentum, the company recently raised nearly $36 million in new funding, which will go towards expanding its sales and marketing efforts and for new product development. Also in July, HyTrust announced it had acquired data visibility and security company DataGravity, with a view to further automating and enhancing security policy enforcement for workload data.

For more information about HyTrust, visit: http://www.hytrust.com

About HyTrust

HyTrust's mission is to make private, public and hybrid cloud infrastructure more trustworthy for enterprises, service providers and government agencies. HyTrust provides solutions that automate security controls for software-defined computing, networking and storage workloads to achieve the highest levels of visibility, granular policy control and data protection. HyTrust customers benefit from being able to accelerate cloud and virtualization cost savings while improving their security posture by automating and enforcing security policies in real time, adapting quickly to compliance requirements, and preventing unplanned outages.

Headquartered in Mountain View, CA, HyTrust is backed by the leading providers of strategic IT infrastructure including VMware, Cisco, Intel and Fortinet; by the vanguard of innovative solutions for the intelligence community, In-Q-Tel; and by a world class group of financial investors including Sway Ventures, Granite Ventures, Trident Capital and Vanedge Capital.

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