PowerCloud Systems Scales Executive Management Team

PALO ALTO, Calif., April 18, 2012 /PRNewswire/ -- PowerCloud™ Systems, the leading online software platform provider for enabling Networking as a Service (NaaS), today announces it has expanded its executive management team as it prepares to bring to market its next-generation NaaS solutions to millions of global users.

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Key Facts

• PowerCloud Systems has assembled a world-class team of industry veterans and business leaders to scale its operations globally and bring its NaaS solutions to millions of users. 
• PowerCloud's CloudCommand software platform delivers cloud-management functionality to networking devices, and the company has brought to market multiple NaaS-based solutions through OEM partnerships and distribution agreements. CloudCommand-based NaaS solutions combine affordable hardware, simple setup, remote management and a portfolio of business-grade networking features.    
• The new executive team members build on PowerCloud's success to date and will lead efforts to rapidly grow the company across all corporate divisions, including engineering, business development and operations.  
• New additions include an accomplished SaaS technology leader, a veteran financial officer and several company advisors – all with strong records of bringing emerging-growth companies to the next level of success.     
• New Vice President of Engineering & Operations Seetharaman "Mani" Ramasubramani is an accomplished technology executive in the SaaS and mobile-data industries.  As VP of engineering at Synchronoss Technologies and SVP at FusionOne (which Synchronoss acquired), his team built highly scalable synchronization and backup solutions in a SaaS and in-carrier model that serve a global user base of 100+ million.  Previously, Mani advanced from being the first employee at Phone.com to running a global engineering operation by the time the company became Openwave Systems.      
• Chief Financial Officer Paul Denton provides two decades of strategic-leadership experience as an executive at numerous emerging-growth technology companies.  In 2011, he was part of the executive team that successfully sold Zvents to eBay-owned StubHub.  He has held CFO and executive management roles at OpenDNS, FusionOne, Determina, Andale and Zembu. 
•  Joining PowerCloud's board of advisors is David Nalley and Keith Newman.  Nalley, an influential channel executive, is the former vice president and general manager of Ingram Micro's direct, corporate and consumer markets division.  Newman is a partner marketing expert whose executive roles include president of IDG's Services Group.
• With the scaling of the CloudCommand platform and the executive additions, PowerCloud
  Co-Founder Andrea Peiro assumes the new role of chief technology and product officer, where he will continue to drive the vision and productization of the NaaS platform.
  

Comment

"Networking as a Service represents a technology and business-model innovation that will fundamentally change the networking industry," said PowerCloud Systems CEO Jeff Abramowitz.  "PowerCloud is the partner of choice for vendors driving the new paradigm, and our executive team brings the experience and vision necessary to scale globally."    

About PowerCloud Systems

PowerCloud Systems is the leading online software platform provider for enabling Networking as a Service (NaaS). Its CloudCommand technology provides OEMs and service providers with the most powerful and cost-effective path for adding comprehensive cloud capabilities to their new and existing networking equipment.  Based in Palo Alto, Calif., PowerCloud Systems is a spin-out from PARC that is funded by Qualcomm Ventures, Walden Venture Capital, Javelin Venture Partners and PARC. For more information, visit www.powercloudsystems.com.

CONTACT: Peter Mullen, +1-650-812-4922, [email protected]

SOURCE PowerCloud Systems

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