SOURCE: Saisei

Saisei

November 05, 2014 08:39 ET

Saisei Brings on Network and Software Industry Veterans James Mongiello as CEO and Raymond Lim as CFO

Expanded Leadership Team Will Enable Saisei to Sustain Rapid Growth and Innovation in New Network Performance Enforcement Market

SUNNYVALE, CA--(Marketwired - November 05, 2014) - Saisei -- a company pioneering real-time network performance enforcement to meet the unique visibility, control and security challenges of Mobile, Cloud, and Internet of Things (IoT) networks -- is pleased to announce that Jim Mongiello Sr. has been appointed Chairman and Chief Executive Officer and Raymond Lim has joined as Chief Financial Officer of the company. 

Jim Mongiello is a serial entrepreneur and seasoned business leader with 46 years' experience creating and advising companies in the networking industry. He has been recognized for implementing innovative technologies and successful strategies in networking that have created significant value for enterprises, service providers, partners and investors.

Raymond Lim brings 20 years of financial management and leadership experience guiding software startup companies through rapid growth and transitional stages, and brings expertise managing high-multiples strategic transactions. 

"We've made excellent progress in building a world-class team and the first in a new category of network performance enforcement products that have received a phenomenal reception in the marketplace," said Saisei Founder and Chief Strategy Officer, Bill Beckett. "With customer deployments underway globally, Jim and Raymond will help take our company to the next level, accelerating our growth and scaling our operations while we continue to innovate to meet the new network needs of enterprises and service providers. I'm thrilled to have executives of their caliber join Saisei, and look forward to partnering with my long-time friend and mentor Jim Mongiello." 

Prior to Saisei, Mongiello was a venture partner with Redpoint Ventures and Brentwood Venture Capital, where he worked closely with a variety of portfolio companies in the networking and telecommunications space, including TransMedia, Lightera and Vivace (successfully acquired by Cisco, Ciena and Tellabs respectively). He was also President and CEO of OnStream Networks and Larscom, and held senior management positions in 3Com, GDC, Timeplex, Doeltz Networks and was on the board of Overture Networks. 

Lim was most recently the CFO of Badgeville, the leading SaaS platform developer for business gamification. Prior to Badgeville, he was VP of Finance for CrowdFlower, which runs a crowdsourcing platform for Labor-on-Demand, and for Jigsaw, where he readied the company for a successful acquisition by Salesforce.com. He also held management positions at ECbridges and Compuware.

"I'm excited about the possibilities that lie ahead in our future," said Mongiello. "With all the new applications, users and devices coming onto networks today, and the expansion into Mobile, Cloud, SDN and Internet of Things environments, Saisei saw the opportunity to take a completely different approach to real-time network policy control, security and analytics. The company is well-positioned to tap new opportunities during this transition companies are making to software-based virtualization in networking. I look forward to working with the team and our customers as we embark on this exciting journey."

About Saisei
Saisei is revolutionizing network analysis and control for the new challenges that Mobility, Cloud, NFV, SDN and the Internet of Things are bringing to networks today. Its massively scalable, real-time Network Performance Enforcement software solutions provide the speed and smarts needed to instantly analyze and enforce policy on the millions of applications, users, and devices populating networks today. For the first time, enterprises and service providers can use their full network bandwidth knowing that unexpected traffic surges are automatically accommodated and all user traffic will get through even the busiest of network links with no dropped sessions, resulting in dramatic savings, accelerated revenue growth and a great user experience. Learn more at www.saisei.com. Connect with Saisei: Twitter (@SaiseiNetworks), LinkedIn and Facebook.

Saisei and any Saisei product or service name or logo used are trademarks of Saisei. All other trademarks are the property of their respective owners.

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