SAN JOSE, Calif., Aug. 30, 2016 /PRNewswire/ -- Dtex Systems™, an industry-leading endpoint security analytics provider, today announced new executive leadership appointments, naming industry veterans Christy Wyatt as Chief Executive Officer (CEO) and Bahman Mahbod as Chief Operating Officer (COO). Both of these appointments highlight a period of rapid growth for the company, recently named a Cool Vendor in the May 2016 Gartner "Cool Vendors in UEBA, Fraud Detection and User Authentication, 2016" report.
Ms. Wyatt succeeds Dtex co-founder Mohan Koo, who will transition to the role of Chief Technology Officer (CTO) to focus on continued product innovation and customer success. Under Koo's leadership, Dtex has seen a steady track record of 100 percent annual growth, in addition to securing $15 million in Series A funding and moving its headquarters to San Jose, CA in 2015.
The 'Insider Threat Spotlight Report,' a crowd-based research effort sponsored by Dtex, shows that seventy-four percent of organizations feel vulnerable to insider threats, but less than half (42 percent) have the appropriate controls in place to prevent an insider attack.
"The need for a sophisticated, comprehensive endpoint visibility solution like ours is accelerating at a rapid rate, and the addition of Christy and Bahman to our leadership team signals our commitment to meeting that need," said Koo. "I am super excited about dedicating 100 percent of my energy to expanding our customer base, and ensuring they are armed with the most advanced technology to identify and address insider threats."
Ms. Wyatt has a long history of leadership in top technology companies, and most recently, she served as Chairman, CEO, and President at Good Technology. Under her tenure, Good saw significant product evolution, business transformation, aggressive revenue growth, and a subsequent acquisition by BlackBerry in 2015. Prior to Good Technology, Wyatt held various executive positions at Citigroup, Apple, Palm, Sun, and Motorola Mobility, until it was acquired by Google in 2012.
"The opportunity here is massive: the information security market is predicted to exceed $80 billion this year, and endpoint security and visibility continue as a top priority for CIOs and CSOs," said Wyatt. "Every organization's most valuable assets are their employees and their data. Dtex's innovative approach, enabling real-time visibility into both of the above, aligns closely with my passion for security, transparency and enabling the enterprise of the future."
Dtex has also appointed industry veteran Bahman Mahbod as COO, a long-standing member of the company's advisory board. Mr. Mahbod has over twenty years of experience creating, scaling, and managing enterprises, ranging from young start-ups to global organizations. Most recently, he was a founding member, SVP WW Engineering and Security Research and corporate officer at FireEye, where he led the world-wide engineering and security research teams until his departure in late 2014. His contributions and expertise led to the development of FireEye's highly differentiated suite of products and services that ultimately led to the highly successful IPO valued at $8B.
"As a long-term supporter of Dtex, the opportunity to drive the company's continued growth in a more impactful way is an exciting one," said Mahbod. "Successful organizations are built on unparalleled efficiency, innovation, and customer delight – and my focus will be on ensuring Dtex continues to prioritize, and deliver on, all of these."
For more information about Dtex Systems, visit www.dtexsystems.com.
About Dtex Systems
Dtex Systems arms enterprises across the globe with revolutionary technology to fight insider threats, data breaches, and outsider infiltration. As the only solution combining unparalleled endpoint visibility with advanced analytics, Dtex is able to pinpoint threats with greater accuracy than traditional security methods without adversely impacting user productivity. In 2015, Dtex secured $15 million in Series A funding led by Norwest Venture Partners and Wing Ventures. To learn more, visit www.dtexsystems.com.
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SOURCE Dtex Systems