Appthority Appoints Paul Stich as CEO Seasoned Cyber Security CEO Brings Expertise to Innovative Mobile App Security Leader

SAN FRANCISCO, Oct. 30, 2013 /PRNewswire/ -- Appthority, the leader in App Risk Management, today announced the appointment of Paul Stich as CEO and member of its Board of Directors.

(Logo:  http://photos.prnewswire.com/prnh/20130826/SF69650LOGO)

Stich brings an extensive history of proven success in scaling technology companies at every stage of growth, as well as deep expertise in the cyber security sector. Previously, Stich served as President and CEO of Dasient, an Internet security company that was acquired by Twitter in January 2012. Before that he was President and CEO of Counterpane Internet Security, which was acquired by British Telecom in 2006. In addition to leading British Telecom's global managed security services organization, he has also held senior executive positions with IBM, KPMG, and McAfee.

As CEO of Appthority, Stich will continue accelerated development of Appthority's innovative App Risk and Policy Management Solution, lead expansion into the Global 2000, help scale operations and drive rapid growth.

"I'm extremely thrilled to be joining the Appthority team as they execute on their long-term vision to empower companies to create BYOD and Mobile First policies that both keep their most valuable assets secure while still enabling employee productivity," said Stich. "With the average employee having hundreds of apps on their devices, organizations need the ability to view risks and policy violations associated with mobile applications, coupled with the ability to remediate those risks to the enterprise. Our focus is to continue to build on our technology advantage and success in becoming a critical enterprise partner for enabling organizations to get the most out of mobile without making security compromises." 

Stich joins Appthority as the company records a milestone in having analyzed over two million iOS, Android, BlackBerry, and Windows Phone apps to discover hidden behaviors that pose security and privacy risks to companies and their data. In addition, Appthority recently introduced an industry-first functionality enabling organizations to create customized and scalable app risk management policies for all mobile devices under enterprise management.

"We are very excited to have Paul join the Appthority family at this critical time in our evolution," said Co-founder & founding CEO Anthony Bettini. "Paul has a successful track record of taking high-growth, innovative cyber security companies to category leadership, and he is fully committed to our mission of making Appthority the go-to enterprise mobile application control solution."

Named the Most Innovative Company of RSA Conference 2012, Appthority is trusted by more than 150 Global 2000 companies across the finance, healthcare, government, mobile operator and manufacturing industries. The company is funded by U.S. Venture Partners (USVP) and Venrock.

About Appthority

Appthority provides the industry's first all-in-one App Risk Management service that employs static, dynamic and behavioral analysis to immediately discover the hidden actions of apps and empower organizations to proactively create and apply custom policies to prevent unwanted app behaviors. Only Appthority combines the largest global database of analyzed public and private apps with advanced policy management tools to automate control over risky app actions and protect corporate data. Named the Most Innovative Company of RSA Conference 2012, Appthority has analyzed over two million apps for its Global 2000 and government customers. By delivering trust to the app ecosystem, Appthority allows enterprises to securely benefit from the proliferation of useful apps. Headquartered in San Francisco, Appthority is venture-backed by U.S. Venture Partners (USVP) and Venrock. More information on Appthority can be found at https://www.appthority.com.

Appthority name and logo are either registered trademarks or trademarks of Appthority, Inc in the United States and/or other countries. All other products and/or services referenced are trademarks of their respective companies.

SOURCE Appthority



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