PacketSled names John Keister President and CEO

SAN DIEGO, Oct. 25, 2017 /PRNewswire/ -- PacketSled, Inc., a leading provider of cloud-based network visibility, detection, incident response and breach forensics, today named John Keister as its new President and Chief Executive Officer. He steps in at an important time for PacketSled as it aims to build its market position and expand its customer footprint. The company also announced that it raised more than $3.5 million, primarily from existing investors, to continue to fund the company's growth.

Fred Wilmot, who has served as CTO since June 2016 and as interim CEO since November 2016, will remain as CTO. Wilmot is a former Splunk executive and a security industry expert, serving as an advisor at the Managed Security Services Provider Ravenii and as a principal at AM Cyber. The company's VP Sales, Jared Ballou, is a former sales executive at the public cybersecurity company Rapid7, and he will continue in his current position. Justin Stottlemyer, an Intuit engineering executive with previous technical leadership roles at Facebook and PayPal, will remain on the board as an outside director.

Keister has previous experience as a co-founder, president and chief operating officer at two technology companies focused on search, online advertising and analytics. These two companies, Go2Net and Marchex, each successfully grew to an annual revenue run rate of more than $100 million and successfully completed the IPO process. Keister's previous operating responsibilities included oversight of sales, business development, marketing, engineering and technical operations. He also has 10-plus years of experience investing in early-stage software companies and sitting on the boards of directors for several of these companies.

"John's experience as a founder and operator at both early-stage companies and public companies will amplify PacketSled's product team as we prepare for the next phase of our growth," said Wilmot.

"The cloud is transforming the security analytics space in important ways, and Fred and the team have built a strong technology platform to compete going forward," Keister added. "We believe that there is significant growth ahead in this category. I am excited to work with this team of security experts to deliver great products to our customers."

"PacketSled is positioned to take advantage of the growing awareness among companies of the need for a comprehensive cybersecurity strategy," Stottlemyer said. "We believe John is the right leader at the right time for us. We look forward to having John join us to bring balance and depth to our management team, to help us on the fundraising side and to capitalize on the growth in the category."

Keister will also join the PacketSled board of directors, joining Stottlemyer and Wilmot.

For more information about the PacketSled platform, please visit www.packetsled.com.

About PacketSled

PacketSled, the network analytics platform of choice for security experts, automates incident response by bringing together business context, AI, entity enrichment and detection with network visibility.  Used for real-time analysis and response, PacketSled's platform leverages continuous stream monitoring and retrospection to provide network forensics and security analytics.  Used by response teams worldwide, security analysts and SOC teams can integrate PacketSled's deep network context into their playbooks, SIEMS, or independently to dramatically reduce investigation time, cost and expertise required to respond to persistent threats, malware, insider attacks, and nation state espionage efforts.  The company has been named an innovator in leading publications and by security analysts, including SC Magazine, earning a perfect score in the online fraud group test. Based in San Diego, the company is backed by investors including Keshif Ventures and Blu Venture Investors. The company is headquartered in San Diego, with offices in Seattle, WA. For continuous product updates and industry news, please visit us at www.packetsled.com or follow us @packetsled.

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SOURCE PacketSled, Inc.

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http://www.packetsled.com