September 01, 2014 8:36 PM ET

Software

Company Overview of Verdasys Inc.

Company Overview

Verdasys Inc. offers enterprise information protection solutions. It offers Digital Guardian, a data protection solution that enables organizations to solve information risk challenges and implement a data-centric security framework. Its solution provides advanced data protection for endpoints platform to enable privileged users, contractors, outsourcers, and partners define and apply data security policies for sensitive data; and tracks and protects the flow of critical data across an enterprise. Its Digital Guardian integrated cyber threat detection and defense components include DG Endpoint Agents to monitor, detect, contain, and prevent malware activities; and APT Detection Module to det...

860 Winter Street

Suite 3

Waltham, MA 02451

United States

Founded in 2003

Phone:

781-788-8180

Fax:

781-788-8188

Key Executives for Verdasys Inc.

Chief Executive Officer
Co-Founder and Executive Vice President of Data Protection Services
Co-Founder
Chief Financial Officer and Senior Vice President
Chief Operating Officer
Compensation as of Fiscal Year 2014.

Verdasys Inc. Key Developments

Verdasys Mulls Acquisitions

Verdasys Inc. intends to pursue acquisitions. Verdasys had previously raised about $45 million in funding. The funding round could also potentially be used for smaller acquisitions as well, said Verdasys’ Chief Executive Officer Ken Levine.

Verdasys Announces Executive Appointments

Verdasys has added three senior executives to its leadership team: Doug Bailey, chief strategy officer; Salo Fajer, chief technology officer; and David McKeough, executive vice president, global field operations. After strong momentum in the first half of 2014, the company continues to position for more growth in the rapidly expanding security market. Douglas Bailey is responsible for business strategy and go-to-market planning at Verdasys. He has a long track record of success in IT security, most recently at McAfee and NitroSecurity, which was acquired by McAfee in 2011. Before that, Bailey was vice president of sales at Xelor Software, vice president of sales and marketing at Clarus Systems and vice president of sales at Ipsum Networks. Salo Fajer drives product vision and innovation efforts at Verdasys, overseeing product management, product marketing and technical content development. Prior to Verdasys, Salo served as senior director product management, risk, compliance and analytics at McAfee and chief strategy officer at NitroSecurity. David McKeough will drive global field operations at Verdasys overseeing the international sales and sales engineering teams. He is an IT security veteran, most recently spending eight years at McAfee where he led global sales efforts for its advanced technology group and oversaw some of the company's most successful acquisitions.

Verdasys Announces Sales Results for the First Six Months of 2014

Verdasys announced sales results for the first six months of 2014. The company reported impressive sales growth during the first six months of 2014.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 20, 2014
--
Private Placement
March 19, 2014
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