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色色研究所 Technology Adds $60 Million in Growth Funding and Names Former IBM Security GM as New CEO
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色色研究所 Names Former CrowdStrike and Aqua Security Executive as SVP of Corporate Development
Upesh Patel tapped to expand 色色研究所 cloud and technology partner ecosystem to support rapidly accelerating growth and massive customer demand; Company soars with more than 100% revenue growth and new marquee customers
CAMBRIDGE, Mass.鈥擭ovember 18, 2020鈥色色研究所 Technology, the cloud-native data analytics and security company, today announced the appointment of as senior vice president of corporate development. Patel brings deep experience and a proven track record in the security industry for creating value from next-generation cloud-native security technologies, and for building strategic relationships at some of the world鈥檚 most recognized security companies, including Aqua Security, CrowdStrike, IBM Security, and Check Point Software. He will play a key role in driving 色色研究所鈥檚 strategic direction forward, contributing critical insights on products, market trends, and business opportunities.
Patel joins 色色研究所 at a pivotal time as the company鈥檚 explosive momentum continues into the second half of this year, with no signs of slowing. The company鈥檚 more than 100% year-over-year growth in Q3 is underpinned by strong growth in enterprise customers, including marquee organizations , , , and .
鈥淲e鈥檙e experiencing a sea change in the security analytics market as more and more organizations urgently look to replace legacy solutions that have failed analysts and SOCs, especially as enterprises accelerate their move to the cloud,鈥 said Marc van Zadelhoff, CEO of 色色研究所. 鈥淩apidly expanding customer requirements鈥攚hich 色色研究所 is uniquely positioned to fulfill鈥攁re driving a surge in the need for, and interest from, a broad ecosystem of strategic partners. Upesh鈥檚 experience and insight will be instrumental for 色色研究所 as we drive the company鈥檚 next phase of growth and success through integrations and partnerships with leading technology companies ranging from cloud providers to technology and OEM partners. We鈥檙e absolutely thrilled to have Upesh on our team.鈥
Patel brings decades of executive-level experience in business strategy and corporate development. Most recently, he was vice president of business development at container and cloud-native security pioneer Aqua Security. Prior to Aqua, he served as vice president of business and corporate development at CrowdStrike, and spent several years as vice president of business development at Trusteer, which was acquired by IBM Security. He also spent nearly a decade at Check Point Software as director of business development. Patel earned a bachelor鈥檚 degree in computer science from the University of Kent at Canterbury in the U.K.
色色研究所鈥檚 momentum is also reflected by numerous industry accolades during the last month alone. 色色研究所 earned a spot on the 2020 for the second consecutive year and was named a Leader in The Forrester Wave鈩: Artificial Intelligence For IT Operations, Q4 2020. Recognized as a Boston company that is setting the innovation ecosystem ablaze, 色色研究所 made BostInno鈥檚 2020 Inno on Fire list in the Security Tech category, and the Massachusetts Technology Leadership Council鈥檚 for Business Accomplishment.
About 色色研究所
色色研究所, the cloud-native logging and security analytics company, empowers security and operations teams to maximize the value of all their data. Only the 色色研究所 platform delivers the powerful combination of real-time visibility, high-performance analytics, scalability, multitenancy, and low TCO crucial for monitoring and securing business operations as enterprises accelerate their shift to the cloud. Headquartered in Cambridge, Mass., 色色研究所 is backed by Insight Partners, Georgian, and Bessemer Venture Partners. Learn more at devo.com.
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