{"id":383747,"date":"2020-11-18T07:03:17","date_gmt":"2020-11-18T12:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383747"},"modified":"2020-11-18T07:03:17","modified_gmt":"2020-11-18T12:03:17","slug":"devo-names-former-crowdstrike-and-aqua-security-executive-as-svp-of-corporate-development","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/devo-names-former-crowdstrike-and-aqua-security-executive-as-svp-of-corporate-development\/","title":{"rendered":"Devo Names Former CrowdStrike and Aqua Security Executive as SVP of Corporate Development"},"content":{"rendered":"

\nUpesh Patel tapped to expand Devo cloud and technology partner ecosystem to support rapidly accelerating growth and massive customer demand; Company soars with more than 100% revenue growth and new marquee customers
\n<\/h2>\n
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CAMBRIDGE, Mass., Nov. 18, 2020 (GLOBE NEWSWIRE) — Devo Technology, the cloud-native data analytics and security company, today announced the appointment of Upesh<\/a> Patel<\/a> as senior vice president of corporate development. Patel brings deep experience and a proven track record in the security industry for creating value from next-generation cloud-native security technologies, and for building strategic relationships at some of the world\u2019s most recognized security companies, including Aqua Security, CrowdStrike, IBM Security, and Check Point Software. He will play a key role in driving Devo\u2019s strategic direction forward, contributing critical insights on products, market trends, and business opportunities.<\/p>\n

Patel joins Devo at a pivotal time as the company\u2019s explosive momentum<\/a> continues into the second half of this year, with no signs of slowing. The company\u2019s more than 100% year-over-year growth in Q3 is underpinned by strong growth in enterprise customers, including marquee organizations Bird<\/a>, Magna International<\/a>, One Main Financial<\/a>, and Sprout Social<\/a>.<\/p>\n

\u201cWe\u2019re experiencing a sea change in the security analytics market as more and more organizations urgently look to replace legacy solutions that have failed analysts and SOCs, especially as enterprises accelerate their move to the cloud,\u201d said Marc van Zadelhoff, CEO of Devo. \u201cRapidly expanding customer requirements\u2014which Devo is uniquely positioned to fulfill\u2014are driving a surge in the need for, and interest from, a broad ecosystem of strategic partners. Upesh\u2019s experience and insight will be instrumental for Devo as we drive the company\u2019s next phase of growth and success through integrations and partnerships with leading technology companies ranging from cloud providers to technology and OEM partners. We\u2019re absolutely thrilled to have Upesh on our team.\u201d<\/p>\n

Patel brings decades of executive-level experience in business strategy and corporate development. Most recently, he was vice president of business development at container and cloud-native security pioneer Aqua Security. Prior to Aqua, he served as vice president of business and corporate development at CrowdStrike, and spent several years as vice president of business development at Trusteer, which was acquired by IBM Security. He also spent nearly a decade at Check Point Software as director of business development. Patel earned a bachelor\u2019s degree in computer science from the University of Kent at Canterbury in the U.K.<\/p>\n

Devo\u2019s momentum is also reflected by numerous industry accolades during the last month alone. Devo earned a spot on the 2020 Deloitte Technology Fast 500<\/a> for the second consecutive year, and was named a Leader in The Forrester Wave\u2122: Artificial Intelligence For IT Operations, Q4 2020<\/a>. Recognized as a Boston company that is setting the innovation ecosystem ablaze, Devo made BostInno\u2019s 2020 Inno<\/a> on Fire<\/a> list in the Security Tech category, and the Massachusetts Technology Leadership Council\u2019s 2020 Tech Top 50<\/a> for Business Accomplishment.<\/p>\n

\n About Devo<\/strong>
\n
Devo, the cloud-native logging and security analytics company, empowers security and operations teams to maximize the value of all their data. Only the Devo platform delivers the powerful combination of real-time visibility, high-performance analytics, scalability, multitenancy, and low TCO crucial for monitoring and securing business operations as enterprises accelerate their shift to the cloud. Headquartered in Cambridge, Mass., Devo is backed by Insight Partners, Georgian, and Bessemer Venture Partners. Learn more at www.devo.com<\/u><\/a>.<\/p>\n

\n PR Contacts:<\/strong>
\n
Devo Technology
Shannon Todesca
shannon.todesca@devo.com<\/a>
+1 (781) 797-0898<\/p>\n

CHEN PR for Devo Technology
Jennifer Torode
jtorode@chenpr.com<\/a>
(781) 672-3119<\/p>\n

A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/665523d9-2b83-4382-9fd9-80e95e468d8c<\/a><\/p>\n


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<\/div>\n","protected":false},"excerpt":{"rendered":"

Upesh Patel tapped to expand Devo cloud and technology partner ecosystem to support rapidly accelerating growth and massive customer demand; Company soars with more than 100% revenue growth and new marquee customers CAMBRIDGE, Mass., Nov. 18, 2020 (GLOBE NEWSWIRE) — Devo Technology, the cloud-native data analytics and security company, today announced the appointment of Upesh Patel as senior vice president of corporate development. Patel brings deep experience and a proven track record in the security industry for creating value from next-generation cloud-native security technologies, and for building strategic relationships at some of the world\u2019s most recognized security companies, including Aqua Security, CrowdStrike, IBM Security, and Check Point Software. He will play a key role in driving Devo\u2019s strategic direction forward, … <\/p>\n

Continue reading “Devo Names Former CrowdStrike and Aqua Security Executive as SVP of Corporate Development”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383747","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDevo Names Former CrowdStrike and Aqua Security Executive as SVP of Corporate Development - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/devo-names-former-crowdstrike-and-aqua-security-executive-as-svp-of-corporate-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Devo Names Former CrowdStrike and Aqua Security Executive as SVP of Corporate Development - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Upesh Patel tapped to expand Devo cloud and technology partner ecosystem to support rapidly accelerating growth and massive customer demand; Company soars with more than 100% revenue growth and new marquee customers CAMBRIDGE, Mass., Nov. 18, 2020 (GLOBE NEWSWIRE) — Devo Technology, the cloud-native data analytics and security company, today announced the appointment of Upesh Patel as senior vice president of corporate development. 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