SimpliVity Names Tom Beaudoin as Chief Financial Officer

Company Continues to Strengthen its Leadership Team to Support Explosive Growth and Global Expansion

Tom Beaudoin, Chief Financial Officer, SimpliVity (Photo: Business Wire)

WESTBOROUGH, Mass.--()--Today, SimpliVity named veteran finance executive Tom Beaudoin chief financial officer. He joins SimpliVity from Nuance Communications, bringing more than 35 years of experience providing global financial and operational leadership for both private and public companies. He will report directly to CEO Doron Kempel.

“Tom is a significant addition at this pivotal point for the company, as we accelerate our growth trajectory and address the unprecedented demand for our market-leading hyperconverged infrastructure solutions,” said Kempel. “He is the third important leadership addition we’ve made in as many months; adding the experience and talent required to support the business as we expand globally and mature our operations on all fronts. Tom will be instrumental in building the financial systems and strong processes required for advancing SimpliVity’s future.”

For the past seven years, Beaudoin served as executive vice president and CFO for Nuance Communications, a public company and leading provider of voice and language technology solutions. There, he led accounting, financial planning and analysis, tax and treasury, investor relations, information technology and administrative functions. Prior to joining Nuance in 2008, Beaudoin was president, CFO, and chief operating officer of Polaroid Corporation and led the strategic and operational transformation of the company. Previously, he held senior finance positions at Parametric Technology, i2, Compaq, and Digital Equipment Corporation. Beaudoin earned both his Bachelor of Arts and Master of Business Administration degrees from Babson College.

Beaudoin joins a company in hyper-growth, as awareness and demand for SimpliVity’s revolutionary hyperconverged infrastructure solutions continue to surge. The company recently announced impressive mid-year results, posting 250% year-over-year bookings, as well as 35% growth in its employee base since the beginning of the year. Unlike most emerging businesses, SimpliVity has already established a strong global presence, with more than 50% of its sales derived outside of North America. In March, the company secured $175 M in Series D financing. With a valuation of more than $1 billion, SimpliVity became one of the fastest growing IT infrastructure companies.

Other key appointments recently announced include:

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About SimpliVity

Founded with a mission to simplify IT, SimpliVity is a pioneer in the hyperconverged infrastructure market, disrupting the status quo of complex and cumbersome legacy IT systems. SimpliVity’s hyperconverged IT platform delivers enterprise-class performance and availability that today’s IT leaders require, with the cloud economics their business demands. No other company has taken on the mega task of assimilating all IT elements below the hypervisor (8-12 disparate functions) into a simple 2U building block of x86 sharable resources to deliver unmatched IT simplicity, operational efficiency, and 3x TCO savings. The company’s unique data virtualization architecture improves performance, protection and data efficiency, while also enabling global unified management from a single console. SimpliVity has revolutionized IT systems for hundreds of enterprises around the world. Headquartered in Westborough, Mass., the company has raised more than $276 million in venture capital and employs more than 550 worldwide. SimpliVity's business model is 100 percent indirect, and its solutions and professional services are available worldwide through its network of resellers and distributors. For more information, visit www.simplivity.com.

Contacts

Version 2.0 Communications on behalf of SimpliVity
Emily Lospennato, 617-426-2222
elospennato@v2comms.com

Release Summary

SimpliVity named veteran finance executive Tom Beaudoin chief financial officer.

Contacts

Version 2.0 Communications on behalf of SimpliVity
Emily Lospennato, 617-426-2222
elospennato@v2comms.com