DH2i Closes 2021 As Another Year of Record Sales Growth, Product Innovation, and Strategic Partnership Development
Strengthened Foothold Across Key Verticals and Transitioned to 100% Software as a Subscription Model
Strengthened Foothold Across Key Verticals and Transitioned to 100% Software as a Subscription Model
Rob Eggers Named StorCentric Chief Financial Officer (CFO)
August 12, 2020
StorCentric today announced Rob Eggers has been named StorCentric Chief Financial Officer, effective August 10, 2020. Eggers will be responsible for managing all internal and external financial actions of the company, reporting directly to Mihir Shah, StorCentric CEO.
“I am very pleased to welcome someone of Rob’s caliber to the team. He stands among the industry’s most highly respected and accomplished financial leaders,” said Shah. “He will play a crucial role in the company’s continued success, market leadership, and rapid growth trajectory, especially in the months ahead which will include some of the most strategic initiatives and innovative product portfolio enhancements in StorCentric’s history.”
“This is indeed a critical time in the storage industry, as so many emerging trends and market demands are colliding and forcing organizations to reassess data management workflows and data security risks,” said Eggers. “I’m extremely proud to be joining StorCentric, an incredible team of passionate and talented individuals, from every corner of the company.” He continued, “It is a team that is dedicated not only to developing and delivering the most innovative data management solutions, but one that is likewise committed to providing the right solution for each and every customer’s unique IT challenges, business goals and regulatory requirements.”
Rob Eggers is a senior finance executive with 25+ years of experience and a deep understanding of corporate finance, investor relations (IR), manufacturing, and sales, focused primarily in high-technology and networking companies. Prior to StorCentric, Eggers served in various senior financial management roles for 18 years at Brocade, including Vice President of Finance during which he directed all aspects of financial planning and analysis, IR, and was instrumental in scaling Brocade to a $2.5B storage networking company. Prior experience includes financial leadership roles with IBM and Samsung. Eggers holds an MBA and a BS in International Finance from Brigham Young University.
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Global SAP® on AWS® services firm announces infusion of experienced board members and leadership team to bring renewed commitment to strategic vision and accelerate sales, marketing and execution of aggressive product roadmap.
ATLANTA, GA — Lemongrass Consulting, the leading professional and managed service provider of SAP enterprise applications running on AWS hyperscale cloud infrastructure, today announced it has completed a $10 million Series C round of financing. Blue Lagoon Capital led the investment round with participation from existing investor Columbia Capital. The investment brings Lemongrass’s total funding since launching its services to $29.3 million and will enable the company to build out its senior leadership team, broaden and accelerate product development, and aggressively expand its sales and marketing efforts.
Lemongrass, founded in 2008 by Eamonn O’Neill and Walter Beek, is recognized as the leading professional and managed service provider focused solely on the complex task of running SAP on AWS. The company provides end to end support for the entire client lifecycle spanning discovery, landing zone build out, workload migration and implementation at scale, and ongoing operational services. Additionally, the company has developed a cloud management platform, MiCloud, widely recognized as the most sophisticated set of purpose-built tools to facilitate the migration of SAP to the AWS cloud, and to support the on-going operation of the resulting SAP on AWS environments. Automation includes a full suite of migration, build and steady-state run services, self-service deployments and self-healing capabilities.
Lemongrass works with leading enterprises, across multiple verticals in the Americas, EMEA and APAC. The company has been working with AWS since 2010, is a Premier APN Consulting Partner, was the second company globally to achieve the SAP on AWS capability and was just recently awarded the coveted AWS Migration Competency award, in addition to the AWS Managed Services Competency award, in recognition of the thousands of SAP systems that they have migrated with a 100% success rate.
“Lemongrass is an exceptional company. The magnitude of their vision and the quality of their solutions positions them well to dominate the SAP on AWS growth market,” said Rodney Rogers, Co-founder and General Partner, Blue Lagoon Capital. “We could not be more delighted about this investment.”
In addition to the investment, Rogers will join Lemongrass as Chairman of the Board. Rogers is an expert technologist with more than 30 years of success in the technology services industry, recognized most recently for his leadership as Virtustream’s co-founder and CEO, a technology startup that achieved a billion-dollar+ valuation through its acquisition by EMC in 2015. Also, new to the Board is Kevin Reid, co-founder and CTO of Virtustream and co-founder and General Partner at Blue Lagoon Capital. Kevin is a technology entrepreneur with over 30 years of experience creating software-enabled solutions that deliver efficiency, enable innovation and drive superior financial results for enterprises worldwide.
The company also announced new appointments to round out the global management team and bring aboard the additional experience needed to support Lemongrass’s next era of growth and maturity.
Mike Rosenbloom joins the company as the Group CEO. Mike has over 25 years in IT Leadership and comes to Lemongrass from Accenture where he was Managing Director for the company’s Intelligent Cloud & Infrastructure business.
Walter Beek, previous Group CEO of Lemongrass, will continue with the company in the role of Co-founder & Chief Innovation Officer and will focus on his passion for driving the innovation agenda for the company’s services and the MiCloud platform.
“These are exciting times for Lemongrass and the momentum we have in our business is evident.” said Beek. “Our business has ambitious goals to pursue and achieving them will require immense skill, rapid growth and scale, and collaborative leadership. The addition of Rodney, Kevin, Mike and the rest of the new executives to our current accomplished team marks an important milestone in Lemongrass’s evolution. I’m confident we will grow faster, innovate as never before, and truly differentiate ourselves in this market.”
Other new leaders joining Lemongrass’s executive leadership team at this time are:
Mike Provenzano, Chief Financial Officer
Lisa Desmond, Chief Marketing Officer
“The most exciting days for Lemongrass are ahead. This is a remarkable team and I am honored to be a part of this journey,” said Mike Rosenbloom, Lemongrass’s new CEO. “This latest funding and the strategic addition of these key leaders will drive exponential growth, enable strategic investments ‘ahead of the curve’, increase operational discipline, and inspire our team to be the absolute best as we execute on our commitments to our customers, partners, and investors.”
Lemongrass Consulting, headquartered in Reading with operations in all global geographies, was established in 2008 as a specialist SAP Technology consultancy. Lemongrass specializes in the implementation, migration, operation, innovation and automation of SAP on AWS, covering both the SAP Business Suite and Business One applications. The company is an AWS Premier partner, an Advanced APN Consulting Partner, an AWS accredited Managed Service Provider and was the second company globally to achieve the SAP on AWS capability.
To learn more about Lemongrass, visit https://lemongrassconsulting.com/
Thousand Oaks, CA – Jan. 15, 2020 – Nexsan announced the newest release of its Assureon Archive storage system. Version 8.3 includes Private Blockchain and end-to-end RMDA (Remote Direct Memory Access) over Converged Ethernet (RoCE) both adding a whole new level of data security and protection.
Assureon is ideal for organizations that need to implement regulatory and corporate compliance, the long-term archiving of unstructured data, or storage optimization.
The Private Blockchain feature means that customers can now protect their data by:
Storing it in an immutable data structure
Utilizing cryptography to secure transactions
Relying on an automated integrity audit at the redundant sites to maintain data integrity and transparency.
Full press release :
Nexsan Adds RoCE and Private Blockchain Technology to Award Winning Assureon® Solution
Nexsan Assureon 8.3 includes Private Blockchain to protect and secure digital assets and RDMA over Converged Ethernet (RoCE) to enable over a 2x performance improvement for data retrieval
Thousand Oaks, CA – Jan. 15, 2020 – Nexsan, a global leader in unified storage solutions and part of the StorCentric family, today announced the newest release of its Nexsan Assureon active data vault storage solution. Version 8.3 includes Private Blockchain and end-to-end RDMA (Remote Direct Memory Access) over Converged Ethernet (RoCE). The latest version is also ideal for organizations that need to implement regulatory and corporate compliance, the long-term archiving of unstructured data, or storage optimization.
Assureon Private Blockchain enables organizations to protect and secure digital assets by storing data in an immutable data structure, utilizes cryptography to secure transactions and relies on an automated integrity audit at the redundant sites to maintain data integrity and transparency. Combined with Assureon’s unique file fingerprinting and asset serialization process, with metadata authentication and a robust consensus algorithm, Assureon Private Blockchain allows secure archiving of digital assets for long-term data protection, retention and compliance adherence.
Nexsan has adopted the high performance and low latency RoCE (RDMA over Converged Ethernet) to eliminate the performance-robbing layers of the network stack. Together, Nexsan with RoCE ensures all customers have ultra-low latency, are regulatory compliant and that the solution is ready for the ever-increasing data demands.
“Nexsan has a strong track record of creating products and services that capitalize on the advances in data archiving, security, protection and retrieval,” commented Surya Varanasi, CTO of StorCentric, Parent Company of Nexsan. “With the release of Assureon 8.3, we have implemented RoCE to provide over a 2x performance improvement and private blockchain technology for a secure, immutable data structure. Users are now able to quickly and efficiently retrieve data with a 40G RDMA Converged Ethernet connection between the Assureon server and Assureon Edge servers, and thereby accelerate access to archived data storage securely.”
Assureon 8.3 offers a number of benefits to Nexsan customers, including:
Nexsan® is a global enterprise storage leader, enabling customers to securely store, protect and manage critical business data. Established in 1999, Nexsan has built a strong reputation for delivering highly reliable and cost-effective storage while remaining agile to deliver purpose-built storage. Its unique and patented technology addresses evolving, complex enterprise requirements with a comprehensive portfolio of unified storage, block storage, and secure archiving. Nexsan is transforming the storage industry by turning data into a business advantage with unmatched security and compliance standards. Ideal for a variety of use cases including Government, Healthcare, Education, Life Sciences, Media & Entertainment, and Call Centers. Nexsan is part of the StorCentric family of brands. For further information, please visit: www.nexsan.com
StorCentric provides world-class and award-winning storage solutions. Between its Drobo, Nexsan, Retrospect and Vexata divisions, the company has shipped over 1M storage solutions and has won over 100 awards for technology innovation and service excellence. StorCentric innovation is centered around customers and their specific data requirements, and delivers quality solutions with unprecedented flexibility, data protection, performance and expandability. For further information, please visit: www.storcentric.com
Financial Services Visionary to Help Shape Products and Accelerate Growth Strategy
Sunnyvale, CA – January 21, 2020 – StorCentric, a global provider of world-class and award-winning storage solutions, today announced it has added Manju Agarwal to its Board as an advisor. Agarwal brings over 30 years of banking experience in India and internationally, and has unique expertise in financial technology innovation and digital transformation.
Agarwal joins StorCentric during an exciting growth phase. The company has increased its pace of acquisitions and recently expanded its product line with All-Flash NVMe solutions to address the massive data growth and need for data driven applications in the financial services industry. “Manju’s incredible depth of experience and knowledge will be instrumental in helping to shape and enhance StorCentric’s products and services to further enable our customers to innovate, modernize and transform their IT infrastructure. In addition, Manju’s business experience will contribute significantly as the company executes on this strategy,” said Mihir Shah, CEO, StorCentric. “I am very pleased to add someone of Manju’s caliber to our team as we accelerate our growth strategy.”
“I am excited and honored to have been invited to join StorCentric’s board as an advisor,” said Agarwal. “StorCentric is a leader in the financial services market, with an enviable roster of high-profile customers. I look forward to teaming with what I view as one of the most stellar teams in the industry, as we work to cement StorCentric as the most recognized and trusted storage solutions company in the marketplace.”
Ms. Agarwal currently serves as Independent Director for Hinduja Leyland Finance, Indialdeas.com Limited and IFFCO Kisan Finance Limited. Prior, she held the position of Deputy Managing Director, Digital Banking and New Businesses, at State Bank India, the country’s largest bank, where she was responsible for all digital products and new initiatives, and led the government business, transaction banking, issuing and acquiring business initiatives of the bank. This included ensuring the opening of approximately 40 million new accounts, in a six-month time frame. She holds a Masters of Arts in Political Science from the University of Allahabad, a Certification in Documentary Credits from EuroMoney United Kingdom, a Certification in Marketing from the Indian Institute of Management, Calcutta, and a Certification in Financial Inclusion from the Harvard Kennedy School.
StorCentric provides world-class and award-winning storage solutions. Between its Drobo, Nexsan®, Retrospect and Vexata divisions, the company has shipped over 1M storage solutions and has won over 100 awards for technology innovation and service excellence. StorCentric innovation is centered around customers and their specific data requirements, and delivers quality solutions with unprecedented flexibility, data protection, performance and expandability. For further information, please visit: www.storcentric.com.
This post is a little off topic. Some of you may know that I met my wife while working on our college newspaper together over 10 years ago. So, beyond the technology, one of my other niche passions is the news business, particularly magazines and newspapers. (I, also, hate the 24-hour news and how its declined the quality of news reported, but that’s another post for another day). My wife worked in every type of media possible from newspaper, magazine, radio to TV. So we’ve been surrounded by the biz (albeit small market) for our entire adult lives. So its interesting to watch what is happening to the industry at this critical time. Its also interesting to watch new ideas and new models emerge as the times are changing.
About a year ago (maybe less), I saw a CBS Sunday Morning report about a startup web magazine called The Daily Beast. It was the newest venture for editor extraordinare Tina Brown of Vanity Fair and The New Yorker fame. I was really impressed that she was venturing out on a limb and trying to embrace a web only format. If only some of her contemporaries in the newspaper business had been so forward thinking, but that’s besides the point. She was just launching an online magazine format – something that I’m not aware has been successfully done before.