SOURCE: SageCloud, Inc.

June 04, 2013 09:00 ET

SageCloud Expands Exec Team to Bring Cold Storage Solutions to Market

Go-to-Market Expertise of New Executives Complements the Storage Domain Expertise of SageCloud's Core Development Team

BOSTON, MA--(Marketwired - Jun 4, 2013) -  SageCloud, Inc., an early-stage software company developing energy-efficient solutions at disruptive price points for cold data storage, today announced the addition of three new members to the executive team:

  • John Hogan, a software executive with over 20 years of experience managing engineering, product management, and R&D teams at organizations including IBM, Unica, Plumtree Software, and Oracle, has joined SageCloud as VP Engineering and Product Management to drive product delivery and future roadmap.

  • Marni Hoyle, a software marketing veteran who has led strategic marketing direction and execution at successful startups including NewsEDGE, ProfitLogic, and Newforma, will assume the role of VP Marketing to position SageCloud for success in the fast-evolving data storage market.

  • Yaron Naor, a senior business development executive with global experience driving strategic partnerships for telecommunications innovators Comverse and Telcordia, has joined as VP Business Development to spearhead the Company's go-to-market growth via strategic OEM relationships.

Data storage is estimated to grow at 60% per year -- fueled by archive regulations, Big Data analytics, expanding video file size, and more -- but IT budgets, growing at 5%, are struggling to keep up. Industry experts estimate that as much as 80% of that data growth qualifies as cold data -- data that is written once and infrequently accessed. SageCloud is developing energy-efficient, software-driven solutions designed to significantly lower the cost of storing this endlessly accumulating backup and archival data.

"Our core development team has deep domain expertise in data storage as a result of our shared previous experience at Carbonite," said Jeff Flowers, CEO of SageCloud. "Our goal was to round out our company strength with go-to-market leadership, and we have found three veterans who completely fill the bill."

About SageCloud
SageCloud's mission is to deliver breakthrough price points for Cold Storage Tiering -- cost-effectively managing storage of Petabyte-scale data that is written once but infrequently accessed. With SageCloud, data center professionals can reap the benefits of storage on disk at price points approaching storage on tape. To achieve these new economies, the SageCloud team has developed cutting-edge software that resolves the data durability deficiencies of commodity drives and leverages better power management designs of open stack enclosures. SageCloud, based in Boston, is venture capital-backed by Matrix Partners.

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