Caveonix Appoints Seasoned Cybersecurity Veterans Tom Noonan and Tom McDonough to its Board of Directors

July 31, 2018

Caveonix Appoints Mark Bagley as New Chief Product Officer to Drive Strategic Growth and Innovation

July 31, 2018

Caveonix Appoints Seasoned Cybersecurity Veterans Tom Noonan and Tom McDonough to its Board of Directors

MCLEAN, Va., July 31, 2018 /PRNewswire/ — 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.

About Caveonix

Caveonix is the industry's first platform built to keep hybrid multi-cloud environments compliant from end-to-end. The offering delivers an enterprise-grade solution with AI-driven automation to ensure comprehensive visibility, continuous assessment, and reduced risks across more than 50 global compliance standards, reducing audit preparation time by over 80%.

For media inquiries or further information, please contact:

Lior Murray

Vice President of Marketing

[email protected]