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SAN FRANCISCO, CA -- (Marketwired) -- 11/25/14 -- ThousandEyes, the company redefining network performance management for today's dynamic and complex networks, announced today that Mike Staiger has been appointed Chief Financial Officer. Staiger brings more than 20 years of financial leadership experience in venture-backed private and public technology companies. He has raised over $300 million in private capital under a variety of financing structures and market conditions, and he has structured, negotiated, closed and managed strategic partnerships that have generated revenue in excess of $200 million.
"Mike's strong background in finance and business development adds important capabilities to our leadership team," said Mohit Lad, ThousandEyes CEO and Co-Founder. "We look forward to leveraging Mike's broad experience as we build upon the rapid growth and customer momentum that ThousandEyes has achieved."
"Very few companies achieve such an impressive list of customer wins, and even fewer do it as quickly as ThousandEyes has," said Staiger. "This success is a direct result of the compelling value that ThousandEyes has delivered to leading enterprises worldwide, and I look forward to working with the team to help scale the business rapidly in the coming years."
Staiger formerly served as CFO at Guavus, a data analytics company; previously, he was CFO of programmable logic solutions provider Tabula, where he played a key role in several debt and equity financings, strategic partnership activities, and technology joint development relationships. Prior to joining Tabula, he was executive vice president and chief financial officer of Copper Mountain Networks. Mike holds a bachelor's degree in English from the University of Michigan and an MBA from the University of Chicago Graduate School of Business.
About ThousandEyes
ThousandEyes provides network performance management for today's dynamic and complex networks. ThousandEyes radically simplifies how organizations monitor, troubleshoot and analyze the delivery of any application or service, by enabling them to gain rapid insight into network performance across internal, cloud-based and mobile infrastructures. Leading companies, such as Equinix, Flextronics, Priceline.com, ServiceNow and Twitter, as well as eBay and other members of the Fortune 500, use ThousandEyes to improve performance and availability of their business-critical applications. ThousandEyes is backed by Sequoia Capital and headquartered in San Francisco, CA. For more information, visit http://www.thousandeyes.com or follow us on Twitter at @ThousandEyes.
Media and Analyst Contact:
Dana Dye
dana@dialoguepr.com
+1-415-928-1310
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