CloudBolt Bolsters Executive Bench, Appoints CFO and Director of Customer Success

ROCKVILLE, Md., Nov. 15, 2018 /PRNewswire/ -- CloudBolt Software, Inc., the leaders in enterprise hybrid cloud management, today announced the appointment of Steve Scribner as CFO and Kaitlin Moran as Director of Customer Success. Scribner oversees the organization's financial growth and planning; he will maintain CloudBolt's operational accountability, manage cash flow and strategic initiatives. Moran will drive strategies for optimizing customer experience; she is responsible for expanding the company's market-leading customer success strategies and growth.

"I'm thrilled to bring Kaitlin and Steve onboard and know their respective expertise will strengthen our operation as a whole," said Brian Kelly, CEO of CloudBolt. "As we rapidly grow as the leading hybrid cloud management company in the market, we will continue to put our customers' needs first while also innovating our product to meet evolving user expectations. Our strong team will ensure we're moving towards hitting our aggressive growth targets in 2019 and beyond."

Scribner has a proven industry track record, bringing over 20 years of experience in positioning technology companies for strategic growth and enterprise value creation. Over his career, Scribner held key leadership roles including CFO at Force 3, VP Finance and Controller at Metastorm and Sequoia Software, and provided operational insight and critical thinking through periods of rapid growth and scale from startup through IPO to strategic exit.

"With the world's growing adoption of hybrid cloud strategies, CloudBolt is in an incredible place to maintain and strengthen its leadership position. We're on track to grow well over 100% this year and hold a customer renewal rate of 97%," said Steve Scribner. "At the heels of our $23M funding, led by Insight Venture Partners, I'm excited to join the leading team in hybrid cloud, and to making exceptional customer success our continued priority."

Moran comes to CloudBolt with key expertise in enterprise customer success. Since 2011, she has been creating loyal customers through a partnership approach and proactive outreach. During her time with Thycotic Software, Kaitlin built and oversaw the customer success department that oversaw 10,000 clients, ensuring they were not only happy with the product but also using it to its fullest. Now at CloudBolt, she will bring the same skills to retain and grow the client base strategically and effectively.

"I'm looking forward to bolstering CloudBolt's already impressive customer portfolio, increasing retention and innovating our approach to addressing our customers' needs. Our users not only invest in CloudBolt products, but also in us as a support system," said Kaitlin Moran. "My strong background in a customer-first approach fits perfectly with CloudBolt's mission and supports the company's strong commitment to creating a world-class experience for enterprise users."

About Cloudbolt Software
CloudBolt Software, based in Rockville, MD and Portland, OR, is the industry leader for self-service hybrid cloud management. CloudBolt is a hybrid cloud management platform that enables enterprise IT departments to build, deploy and manage private and public clouds quickly and efficiently. The user-friendly portal hides the complexities of hybrid cloud, giving end users the ability to manage and provision resources on demand, while administrators set provisioning conditions for governance. With CloudBolt, IT leverages its investment and controls costs while increasing flexibility and agility.

For more information on CloudBolt, visit www.cloudbolt.io.

Contact
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SOURCE CloudBolt Inc.

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http://www.cloudbolt.io