Caveonix, the company providing
proactive defense against risks in the hybrid cloud, today announced that Tom
McDonough and Tom Noonan have joined its board of directors and have personally
invested in the company. McDonough and Noonan bring over 50 combined years of
cybersecurity experience to the team.
"We're proud to welcome Tom Noonan and Tom McDonough, two of the savviest,
most successful leaders in the cybersecurity industry, to Caveonix's board,"
said Tim Sullivan, Co-Founder and Chief Executive Officer of Caveonix. "As
we continue building our comprehensive hybrid cloud workload protection
platform, their experience and guidance will enable us to scale and fill a
massive market need for service providers and enterprises, allowing them to
continuously detect, predict and act on cloud security threats, vulnerabilities
and compliance requirements."
With over 34 years of experience, Noonan co-founded and serves as
partner of TechOperators LLC, a technology investment firm in Atlanta.
Previously, Noonan served as the Chairman, President and Chief Executive
Officer of Internet Security Systems, Inc., which was acquired by IBM for $1.9B
in 2006, and of JouleX, which was acquired by Cisco in 2013. A serial
entrepreneur, Noonan also currently serves on the board of directors for
Intercontinental Exchange, Manhattan Associates, SalesLoft, Phantom Cyber,
Ionic Security, Barkly Protects, NexDefense and Endgame, which he co-founded.
"Caveonix Co-Founders Kaus Phaltankar and Tim Sullivan are
cybersecurity entrepreneurs who have proven the acute ability to recognize
technology market needs and meet them. We're excited to support Caveonix's
continued growth in the hybrid cloud security space," said Noonan.
With over 35 years of experience, McDonough currently serves as an
Advisor for Corporate Development and Integration at Cisco Systems, Inc. He
previously served as President and Chief Operating Officer of Sourcefire for 11
years prior to its acquisition by Cisco in October of 2013 for $2.7B. Before
that, McDonough was the Chief Executive Officer of Mountain Wave which was
acquired by Symantec Corporation in 2003 for an undisclosed amount. McDonough
has served on the boards of Trust Digital, acquired by McAfee, ScienceLogic and
as an Advisor to OPower, which was acquired by Oracle Corporation. He has more
than 25 years of experience in the cybersecurity industry.
"Caveonix fills a significant need in the market right now
with many companies operating in hybrid cloud environments," said
McDonough. "The market needs a comprehensive solution for protecting the hybrid
cloud -- one that can address the high volume, velocity and variety of
vulnerabilities and cyber risks businesses are facing today."
Caveonix's solution enables
customers to continuously predict and act to mitigate risks in a prioritized
way for protection of the hybrid cloud workload using a consistent security
framework.