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| Industry Veteran to Lead Next Stage of Growth at WANdisco
PLEASANTON, Calif.--(BUSINESS WIRE)--WANdisco, the world leader in real-time multi-site development solutions, announced today that David Richards has been appointed the company's President and Chief Executive Officer. Mr. Richards comes to WANdisco with over 15 years of technology and operational expertise at fast paced global technology companies, including NetManage (NASDAQ:NETM), NEC Corporation, Librados, Insevo, Mitsubishi and General Electric. "We are delighted that David has decided to join WANdisco," said Yeturu Aahlad and Rahul Bhargava co-founders of WANdisco. "He has a proven track record in taking companies from start-up inception through exponential growth and successful exit." In his previous role as President and CEO of Librados, David took the company from an early stage technology company to exponential customer and revenue growth. David led the company's acquisition by NetManage just over a year after joining the company. Following the successful acquisition David joined NetManage where he served as Vice President and General Manager. Prior to Librados, David was the President and CEO of Insevo, Inc. where he raised venture capital from the world largest venture capital fund, 3i. After becoming a recognized leader in the middleware space the company was acquired. David has also served on the boards of ObjectWeb, a leading open source application server company based in France and the EAI Industry Consortium where he also chaired the Adapter Committee. "WANdisco has the most exciting technology I have ever seen," said David Richards, President and Chief Executive Officer at WANdisco. "I am very excited to be part of this team of talented employees and committed customers who have come together to change the way in which we think about data replication forever." David currently serves on the boards and advisory boards of several technology companies. He is a strategic advisor to NEC Corporation, where he advises the head of NEC software group (Japan) to define open source strategy. David holds a BS degree in Computer Science from the University of Huddersfield, England. About WANdisco Since 2001 WANdisco has set out to push the limits of what can be achieved with distributed systems deployed on a Wide Area Network (WAN). The result of these efforts is new technology that fundamentally changes the way distributed nodes, or servers, interact to provide unprecedented levels of reliability, availability and scalability (RAS) enabling the internet to realize its full potential. WANdisco has applied this technology to the development of its suite of multi-site SCM solutions for CVS, CVSNT, and Subversion. For the first time a development team can truly be spread-out across the world and work as one unit, in real-time. Global 2000 companies rely on WANdisco's suite of SCM solutions for CVS, CVSNT and Subversion to enable them to distribute work based on where their talent is located, rather than on the basis of time-zone constraints. This results in dramatically reduced costs and significantly improved utilization of scarce resources. http://www.wandisco.com.
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