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CTERA Networks Announces Strategic Expansion Initiative for 2014 and Key Management Hires

February 24, 2014

Global Cloud Storage Demand and Successful Customer Acquisition Continue to Drive Growth

PALO ALTO, California and PETAH TIKVAH, Israel, Feb. 24, 2014 /PRNewswire/ — CTERA Networks (www.ctera.com) today announced a strategic corporate growth initiative and hiring effort to capture the unprecedented demand for its Cloud Storage Services Platform. As part of this initiative, CTERA announced today several key additions to the CTERA management team who will help accelerate market share acquisition and position the company for accelerated growth.

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(Photo: http://photos.prnewswire.com/prnh/20140224/NE70068-INFO-b)

Highlights of CTERA’s 2014 growth plan include:

    --  Expanding worldwide headcount by 60 percent, with the company staffing
        in all functional areas.
    --  Continuing its worldwide expansion with broad presence to be distributed
        across all major territories in the Americas, Europe and Asia Pacific.
    --  Investing significantly in its North American presence with new sales,
        marketing and technical hires, including major additions to its
        management team:

        --  Jeff Denworth has joined CTERA as Senior Vice President of
            Marketing. Denworth will report to CEO Liran Eshel and is
            responsible for extending CTERA's worldwide marketing platform.
            Denworth brings more than 15 years of experience to CTERA, most
            recently serving as the vice president of marketing at DataDirect
            Networks, where he helped drive more than $1 billion of cloud and
            big data storage technology sales. Denworth also has held management
            positions with Cluster File Systems, Inc. and Dataram
            Corporation.Rani Osnat, CTERA's Vice President of Marketing for the
            past four years, will assume new responsibilities as Vice President
            of Strategic Marketing & Customer Experience and will continue to
            oversee key marketing initiatives.
        --  Bob Doherty has joined CTERA as Vice President of North America
            Sales. Doherty also will report to CEO Liran Eshel and is
            responsible for managing CTERA's North American sales operations and
            meeting the surge in demand for CTERA's Cloud Storage Services
            Platform. Doherty brings more than 20 years of enterprise technology
            sales and operations experience to CTERA, with proven leadership in
            growth organizations at leading technology companies such as
            Compellent (acquired by Dell), Virtual Iron (acquired by Oracle) and
            AT&T.

Supporting Quote:

    --  "I am excited to join CTERA as the company prepares for its next stage
        of growth. The company's reputation is rivaled only by the overwhelming
        success they've enjoyed as their Cloud Storage Services Platform gains
        momentum across the market. I am excited at the opportunity to build on
        the strong foundation set by the CTERA team as we enable traditional IT
        organizations to transform themselves into agile service providers." -
        Jeff Denworth, SVP Marketing, CTERA.
    --  "As more data and applications are accessed through the cloud and
        organizations look to deploy cost-effective cloud storage solutions,
        it's becoming increasingly important for organizations to make smart
        decisions around storage services, interoperability, security,
        management and scalability. CTERA's early-mover advantage in this space,
        coupled with its marquee customer base of Global 500 companies and Cloud
        Service Providers, positions the company solidly as the ideal platform
        provider for the cloud era. I look forward to working closely with
        CTERA's customers, partners and worldwide team to make CTERA the
        standard in enterprise cloud storage." - Bob Doherty, VP North America
        Sales, CTERA.
    --  "CTERA is in the midst of a tremendous growth as we scale up our company
        to meet unprecedented demand for our Cloud Storage Services Platform. We
        are honored to welcome Jeff and Bob and all of the new CTERA team
        members who will accelerate our ability to capture this amazing market
        opportunity." - Liran Eshel, CEO and Founder, CTERA.

Tweet this: .@CTERA adds to management team as part of expansion initiative to meet demand for cloud-enabled storage services http://bit.ly/1h12fex

In related CTERA news today:

    --  CTERA has crossed the milestone of deploying more than 30,000 cloud
        storage gateways, selling more enterprise cloud storage gateways than
        all other cloud gateway vendors combined:

http://www.ctera.com/company/news-and-events/press-releases/item/244-cte

        ra-networks-marks-the-deployment-of-its-30000th-cloud-storage-gateway.
    --  CTERA announced a tripling of its worldwide business customer base in
        2013. Today, more than 21,000 businesses are powered by CTERA's Cloud
        Storage Services Platform:

http://www.ctera.com/company/news-and-events/press-releases/item/242-cte

        ra-networks-triples-end-customer-installed-base-of-its-cloud-platform-in
        -2013.

Visit www.ctera.com/company/careers to explore immediately open positions and apply online today.

Resources:

    --  New blog posts on CTERA.com/blog: CTERA leadership discusses today's
        news
    --  Infographic: CTERA Sets Standard for Booming Cloud Storage Industry
    --  CTERA's Management Team
    --  CTERA Customer Case Studies
    --  CTERA 4.0 Solution Overview

About CTERA Networks

CTERA Networks provides the industry’s first and only cloud storage services platform. Deployed by Global 1000 enterprises and leading cloud service providers, CTERA transforms private or public cloud infrastructure into scalable, secure, business-critical data services, addressing the storage, data protection and collaboration needs of business users. CTERA was founded by IT security experts in 2008, and is backed by Benchmark Capital, Venrock and Cisco. For more information visit ctera.com or follow @CTERA on twitter.com/CTERA.

Media Contact

Jim Crook

InkHouse Media + Marketing (for CTERA)

ctera@inkhouse.com

+1-781-966-4100

SOURCE CTERA Networks


Source: PR Newswire



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