I would like to welcome Jim Mongillo to the Vaultize Leadership Team. Today we are announcing a new management structure at Vaultize – strengthening the leadership team further. Jim will take the position of Chief Executive Officer (CEO) and I will be the Executive Chairman of the company. Jim will be responsible for operationally leading the company and driving its business execution. As Executive Chairman I will continue to provide strategic directions for Vaultize and mentor the senior leadership of the company. Ankur, our CTO (and Co-founder) will continue to lead technology strategy and R&D efforts.
Jim is a seasoned leader with a track record of operational excellence, selling software to enterprises, and delivering innovative products in high growth markets. Jim has played pivotal leadership roles in several successful start-ups and Fortune 1000 companies - Illustra (acquired by Informix), WebLogic (acquired by BEA), Oracle Corporation, Jive Software (IPO), Servio CEO (acquired by Crowdsource), and Swrve. He brings to Vaultize significant international sales management, marketing, business development and channel partner credentials in the United States and Europe.
Last week we announced an accelerated growth of over 500% for financial year 2015-16 with the addition of several large enterprise customers across geographies and verticals. This strong performance was attributed to the existing channel partnerships, establishing new relationships and, expanding further in North America, South America, Europe and Africa.
With the new management structure we are beginning a new phase of our journey to accelerate further on our sales and marketing strategy, and continuing to execute on our vision to be the world-leader in enterprise file security by protecting and securing corporate documents throughout the lifecycle – at-rest, in-motion and in-use - helping enterprise meet compliance and data governance objectives.