CollabNet Adds Board Member and Senior Executives to Fuel Continued Growth in Agile ALM and Enterprise Cloud Development

BRISBANE, Calif., Jan. 26, 2012 /PRNewswire/ -- CollabNet® (www.collab.net), the global leader for enterprise cloud development and Agile ALM products and services, today announced the addition of Promod Haque, a managing partner at Norwest Venture Partners, as a new board member, and the appointment of two senior executives to its management team. In addition to Haque, CollabNet added Tony Farinaro as senior vice president, worldwide services and Laurence Sweeney as vice president, enterprise transformation.

"CollabNet is coming off a record year of growth and success as we continue to help a growing number of enterprise customers adopt and scale Agile and cloud-based development strategies from concept through deployment," said Bill Portelli, CollabNet's CEO and co-founder. "To build upon our momentum and better serve our customers we are very pleased to strengthen our management roster with highly experienced industry leaders."

CollabNet continues to lead the software development industry in bringing Agile and cloud development practices to software-driven organizations through a suite of products and services that promote enterprise collaboration, innovation and flexibility. Its Agile ALM offerings, delivered on-premise and in the public cloud, including TeamForge®, ScrumWorks® Pro and world-class training and consulting, help customers adopt and scale Agile-based methods across and through the entire application lifecycle. CollabNet's Codesion platform-as-a-service brings enterprise-grade, on-demand development and deployment capabilities to developers and teams looking to harness the benefits of cloud computing.

The following outlines the experience of CollabNet's newly appointed executives:

Promod Haque: New Board Member

Haque is a managing partner at Norwest Venture Partners (NVP) and brings more than 20 years of experience building successful technology firms. At NVP, he has invested in more than 60 companies, producing nearly $30 billion in exit values to date. More than 20 of his portfolio companies have gone public, and nearly 35 have been acquired. Haque's expertise reaches a variety of technology sectors, including systems and IT infrastructure, software and services. Prior to NVP, he spent 18 years in various operational roles, ranging from product development, marketing, COO and CEO at various public and private companies, including Siemens International, Thorn EMI, Emergent Technologies and Dimensional Medicine.

Tony Farinaro: Senior Vice President, Worldwide Services

In his role at CollabNet, Farinaro is responsible for the development and delivery of world-class services that help organizations transform to a fully integrated and scalable Agile enterprise.  He has extensive experience building and leading services teams in the areas of enterprise transformation, project management, systems and software development, IC design and training.  His teams have helped companies around the world adapt new development processes, tools and methodologies to increase overall organization performance and reduce time to market for new product development.  His industry experience includes telecommunications, federal, consumer, aerospace, medical, security and computer technology.  Most recently, Farinaro was VP and General Manager of Global Services at Actel, where he led the global services team for contract design, product development and methodology consulting to accelerate corporate product development and reduce R&D costs. 

Laurence Sweeney: Vice President, Enterprise Transformation

Sweeney brings to CollabNet deep technical and business experience that will help CollabNet customers transform their methodologies to Agile and Lean development in the cloud. He has more than 25 years of experience in the software development industry, where he has served a variety of roles, ranging from field-based consulting as a system performance specialist to factory based R&D management roles. Prior to CollabNet, he served as a director of software at HP, where he acquired, deployed and managed multiple Agile ALM platforms for tens of thousands of developers and managers in dozens of divisions. As leader of the HP Enterprise Software Transformation, Sweeney led the IT group that established the world's largest centrally managed instance of HP Quality Center, as well as building out a 12,000+ seat CollabNet platform instance.

About CollabNet

CollabNet is the recognized leader in enterprise cloud development and Agile ALM, with more than 7,000 global customers that range from single workgroups to large enterprises. Its deep open source roots include the creation of Subversion, the industry leading version control system with millions of users. CollabNet helps enterprise customers build and deploy better software through its focus on collaboration, enterprise Agile methods and cloud development and computing. Many CollabNet customers improve productivity by as much as 70 percent, while reducing costs by 80 percent. Its solutions include TeamForge, the industry-leading Agile ALM platform for distributed development, ScrumWorks Pro for Agile project management, Subversion Edge for managed source code management, Codesion for cloud-based development and deployment, and a range of Agile-based training, consulting and transformation services. For more information, please visit (www.collab.net).

CollabNet, TeamForge, and ScrumWorks are registered trademarks of CollabNet, Inc.  Codesion is a trademark of CollabNet, Inc.  Subversion is a registered trademark of the Apache Software Foundation.  Other names may be trademarks of their respective holders.

Media Contact:
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Catapult PR-IR
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SOURCE CollabNet