NASHUA, N.H., April 5, 2017 /PRNewswire/ -- XCube R&D Inc, a leader in massively parallel data management and analytics and software infrastructure for automotive manufacturers and ADAS suppliers to accelerate the development of autonomous vehicle programs announced today the appointment of Michael Mark to its Board of Directors.
Michael Mark brings extensive knowledge and experience to XCube having served on numerous boards including as Chairman of Progress Software from 2006-2013. He earned a B.S. in Mathematics from MIT and began his career by co-founding Intercomp, which was sold to Logicon, as well as Cadmus Computer Corporation, which was sold to Apple Computer. Since then he has been involved in personally mentoring and investing in companies such as Stonyfield Farm Yogurt (sold to Groupe Danone), Netegrity (sold to Computer Associates), Kurzweil Educational Technologies (sold to Cambium Learning), Constant Contact, and Corbus Pharmaceuticals.
Mr. Mark finds XCube compelling because "Each and every autonomous vehicle on the road today generates about 7.2 terabytes of data per hour. Such huge masses of data, distributed around the globe, produce unprecedented requirements for data organization, retrieval and analysis. I became excited in XCube when I saw how intelligently and economically their technology managed this data and the arrays of machines processing it."
Welcoming Michael Mark, XCube's Chairman and CEO Satish Jha said that "XCube is delighted to have the benefit of the guidance of Michael Mark who is a legend in mentoring start-ups in the Boston area." Mikael Taveniku, XCube's founder and President expresses "Michael Mark has been deeply involved in driving the computing technologies from the very beginning and his insights and knowledge will be an invaluable addition to the XCube team."
This content was issued through the press release distribution service at Newswire.com. For more info visit: http://www.newswire.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legendary-boston-investor-michael-mark-joins-the-board-of-directors-of-xcube-a-leader-in-autonomous-driving-300435316.html
SOURCE XCube Research and Development