RapidMiner Names Tim O'Toole Chief Financial Officer, Bolsters Advisory Board

BOSTON, Aug. 11, 2016 /PRNewswire/ -- RapidMiner™, the leading open source predictive analytics platform, today announced Tim O'Toole as its Chief Financial Officer, and the additions of Vijay Kotu and Rock Gnatovich to the company's advisory board.

Software industry veteran O'Toole is responsible for RapidMiner's finance and legal functions. O'Toole has developed a specialty in leading finance at high growth tech startups. Prior to joining RapidMiner, he served as CFO of Yotta, Dyn, and Rapid7. Earlier in his career, O'Toole was on the senior leadership team at Bladelogic, leading the company through its 2007 initial public offering.

"Predictive analytics is now at the forefront of every business conversation, as companies use data science to increase revenue, cut costs, and avoid risks," said O'Toole. "RapidMiner is a recognized leader in the areas of predictive and prescriptive analytics, and I look forward to helping build the foundation for our continued growth."

In addition to appointing O'Toole as Chief Financial Officer, RapidMiner has added two new members to its advisory board:

• Vijay Kotu is a Vice President of Analytics at Yahoo, where he leads the implementation of large-scale data and analytics systems. He has practiced analytics for over a decade, with focus on predictive analytics, business intelligence, data mining, web analytics, and developing analytical teams. He is the co-author of the book Predictive Analytics and Data Mining: Concepts and Practice with RapidMiner (Morgan Kaufmann, 2014).
• Rock Gnatovich was most recently a Vice President at TIBCO Software where he ran their security acquisition, LogLogic, before leaving in 2014. Gnatovich joined TIBCO in 2007 as part of their acquisition of Spotfire, Inc., where he served as President and COO for 10 years. Rock has spent 30 years in the software industry with a primary focus on enterprise software.

"We're thrilled to welcome Tim, with his experience scaling high growth tech companies, to the RapidMiner team," said Peter Lee, CEO of RapidMiner. "Tim, Vijay, and Rock all provide RapidMiner with the exceptional business acumen we need to continue to lead the exploding predictive analytics market."

About RapidMiner

RapidMiner, the industry's #1 open source predictive analytics platform, empowers organizations to include machine learning in any business process—closing the loop between insight and action. RapidMiner's effortless solution makes predictive analytics lightning-fast for data scientists, radically reducing the time to unearth opportunities and risks. RapidMiner delivers data science on-demand from the largest worldwide predictive analytics community. For more information, visit www.rapidminer.com.

Media Contact:
Tom Wentworth, RapidMiner
[email protected]
+1 (617) 401-7708

SOURCE RapidMiner

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