SAN FRANCISCO, July 30, 2012 /PRNewswire/ -- MemSQL, the big memory technology company, today announced James Nagel has joined the company as vice president of sales. Nagel is a veteran sales executive who brings deep expertise in highly sophisticated quantitative trading and research solutions and a solid knowledge of trading and execution platform integration to his role at MemSQL. Nagel will lead MemSQL's sales organization, reporting directly to Eric Frenkiel, MemSQL's CEO and co-founder.
"We are honored to welcome James and his intimate knowledge of financial market technology to MemSQL," said Eric Frenkiel, CEO and founder, MemSQL. "As we continue to grow, we're looking forward to the benefit of James' valuable expertise to help deliver our on-demand, big memory solution to today's data-driven businesses."
Nagel joins MemSQL from OneMarketData, a provider of enterprise tick-data solutions for financial institutions worldwide, where he served as director of sales selling complex event processing (CEP), financial tick-data management and analytics solutions to banks, hedge funds, financial market data institutions, exchanges, commodities trading advisors, asset managers, proprietary traders and pension funds. Prior to OneMarketData, he was senior sales executive for capital markets at Progress Software, overseeing sales of its leading algorithmic trading platform..
"MemSQL is changing the approach to database technology to create a better, faster database that provides the insights companies today need to make critical business decisions," said Nagel. "I couldn't be more excited to join the executive leadership team and help lead the company's success in transforming the enterprise database technology space."
Nagel began his career at Foreign Exchange where he spent seven years as a trader for top domestic and international institutions. He has worked at many prominent companies including MatchbookFX Holdings Inc., OpenLink Financial Inc., Societe Generale Bank, SunGard Trading Systems, Cognotec International Inc. and Thomson Reuters Trading and Risk, where he generated millions of dollars in sales. Nagel holds a Bachelor of Science degree from State University of New York at Oneonta.
MemSQL is a big memory technology provider that delivers data-driven businesses the fastest access to real-time insights. The company's next generation in-memory database enables accelerated business decisions at rates 30 times faster than existing systems. Based in San Francisco, MemSQL is a Y Combinator company funded by a combination of prominent venture capitalists and angel investors, including First Round Capital and New Enterprise Associates. For more information, please visit www.memsql.com.