HyperGrid, a market leader in hybrid Cloud Management Platforms (CMP), today
announced that its Board of Directors has appointed Manoj Nair, previously the
Company's Chief Product Officer and Co-Founder, as CEO successor to Nariman
Teymourian.
"I recruited Manoj almost three years ago and I could not think of a
better leader to take my role. Manoj has both my support and that of the board
to take on this responsibility," said former CEO, Mr. Teymourian, as he
announced the transition to Company employees.
"I am honored by Nariman's and the Board's confidence in my ability to
lead HyperGrid through this next phase of growth," said Mr. Nair.
"Building upon the great market and product validation we have seen over
the last twelve months, I am excited about the Company's growth opportunities
as market adoption of CMP technologies accelerates. In support of this, the
HyperGrid leadership team and I will work to continue driving technology
innovation, as well as further build out our sales, distribution and marketing
functions, to deliver value for our customers, employees and investors."
Mr. Nair is an experienced and respected cloud and security software
business leader. Prior to co-founding HyperGrid and serving as its CPO, Mr.
Nair was the GM for the multi-billion dollar converged cloud software business
at HPE, where he was responsible for driving product strategy and roadmap
across all elements of the converged cloud portfolio. Previously, Mr. Nair
served as SVP leading strategy and R&D for public cloud at the EMC
federation of companies (EMC, VMware, RSA) , as well as SVP & GM at RSA
where he was responsible for the company's identity portfolio including the
flagship SecurID business. Mr. Nair is the holder of over a dozen patents in
systems software, file systems, information management and security, and holds
a M.S. in Computer Science from Clemson University.
"Under Manoj's product leadership, HyperGrid has developed
award-winning, market-leading technology that solves a very real challenge for
businesses of all sizes, in nearly every industry," said Kevin Dillon,
Managing Partner at Atlantic Bridge Capital. "The leadership Manoj has
provided since day one, make him a natural fit for the CEO position as the company
moves into this logical next step of its evolution and drives to the next
levels of success."
"The CMP market is set for tremendous growth over the coming years as
the majority of businesses push forward with their cloud adoption plans,"
said John Kim, Co-Founder and Managing Partner at HighBar Partners.
"Manoj's cloud and security software business leadership track record make
him the perfect successor of the CEO role at this critical stage in HyperGrid's
evolution. That, combined with HyperCloud's recognition and initial market
validation, put the Company in position to capture market share and accelerate
growth as the market heats up."
HyperGrid was recently named a Visionary in Gartner's Magic Quadrant for
Cloud Management Platforms. The company's flagship cloud management solution,
HyperCloud has achieved Amazon Web Services (AWS) Cloud Management Tools
Competency status for Cloud Governance. HyperGrid is also an Azure Solutions
Partner and a Google Cloud Technology Partner, providing a broad range of turnkey
capabilities to assist Azure & GCP customers in provisioning and managing
workloads in both environments.