Vaultize Announces Strengthening of Executive Leadership Team

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May 04, 2016, 08:00 ET

SAN FRANCISCO, NEW YORK, and LONDON, May 4, 2016 /PRNewswire/ --

Vaultize (http://www.vaultize.com), the enterprise file security leader, announced that Jim Mongillo has joined as Chief Executive Officer (CEO) of the company. Jim has played pivotal leadership roles in several successful start-ups and Fortune 1000 companies - Illustra (acquired by Informix), WebLogic (acquired by BEA), Oracle Corporation, Jive Software (IPO), Servio CEO (acquired by Crowdsource), and Swrve. He brings to Vaultize significant international sales management, marketing, business development and channel partner credentials in the United States and Europe.

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"We are excited to have Jim on board to lead the company. He is a seasoned leader with a track record of operational excellence, selling software to enterprises, and delivering innovative products in high growth markets" said Anand Kekre, Executive Chairman & Co-founder of Vaultize. "With the new management structure we are beginning a new phase of our journey to accelerate further on our sales and marketing strategy, and continuing to execute on our vision to be the world-leader in enterprise file security by protecting and securing corporate documents throughout the lifecycle - helping enterprise meet compliance and data governance objectives".

"I am excited to be joining Vaultize as CEO. We have a tremendous opportunity in the market place and offer a next generation platform that will change the face of the entire industry. Overall ease of use, set up and compliance all in one place along with multiple deployment options simply set Vaultize apart from any other current vendor in the space", said Jim Mongillo, CEO of Vaultize.

Vaultize achieved accelerated growth of over 500% for financial year 2015-16 with the addition of several large enterprise customers across geographies and verticals. This strong performance was attributed to the existing channel partnerships, establishing new relationships and, expanding further in North America, South America, Europe and Africa.

Vaultize provides end-to-end file security such that the corporate documents are secured and protected throughout the lifecycle - at-rest, in-motion and in-use. With enterprise digital rights management (eDRM), the protection and security of documents now stretch beyond the corporate perimeter and managed company devices - to even third-party devices. The documents that are delivered to third-parties stay in control of enterprise IT and document owners - such that they can remotely change (and even revoke) access rights to shared files even after delivery.

Vaultize is the only enterprise file security platform that offers enterprise file sync and share (EFSS) and mobile collaboration fully integrated with enterprise digital rights management (eDRM) and data protection, while enabling secure access and sharing for employees within corporate compliance and data governance framework.

Vaultize's US patented technology Vault KNOX performs military-grade encryption of data together with de-duplication on user devices at the source itself - making it the most secure and efficient file sharing solution in the world. Vaultize's unique data containerization process provides unprecedented security down to the file level, liberating users form relying on third-party security protocols.

About Vaultize:

Vaultize is an award-winning privately held company that provides enterprise file sharing, VPN-free secure anywhere access and mobile collaboration with DRM, MCM and policy-based endpoint backup. It has presence in 50+ countries - including the US, Europe, APAC, Middle East and Africa, through network of resellers, distributors, system integrators and MSPs. A free virtual appliance with 10-user perpetual license is available for download.

For further information
contact [email protected]
US (+1- 650-319-7382)
UK (+44-20-8133-6412)
India (+91-20-6720-4646)

SOURCE Vaultize