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CloudPhysics Names Industry Veteran Jeffrey Hausman CEO

Former Symantec Senior Vice President to Take Company Helm; CloudPhysics Founding CEO John Blumenthal to Drive Product Strategy

MOUNTAIN VIEW, CA -- (Marketwired) -- 07/08/14 -- CloudPhysics, the leader in predictive analytics for virtual datacenter management, today announced that the company has appointed Jeffrey Hausman as CloudPhysics CEO and member of the board of directors, effective July 14, 2014. A technology industry veteran with more than 20 years of experience encompassing cloud, SaaS, virtualization, and storage, Hausman most recently held the position of senior vice president at Symantec responsible for the $1 billion Information Availability and Intelligence group. Founding CEO John Blumenthal will now lead product strategy in the role of vice president of product management and remains on the CloudPhysics board of directors.

CloudPhysics last month released its new Storage Analytics and announced $15 million in Series C funding from investors Mayfield, Kleiner Perkins Caufield & Byers, and Jafco Ventures. The company was founded in 2011 with the mission to continuously deliver insights to IT teams for actively managing the dynamics of their virtualized infrastructures. To that end, the company's servers collect a daily stream of more than 140 billion samples of configuration, performance, failure, and event data from its global user base, with a total of 50+ trillion samples collected to date. This "Collective Intelligence," combined with CloudPhysics' patent-pending datacenter simulation and unique resource management techniques, empowers enterprise IT to drive Google-like operations excellence, using actionable analytics from a large, relevant, continually refreshed dataset.

"Jeff and I worked together at Veritas where I saw firsthand his executive and operational leadership strength," said Blumenthal. "With his success in driving growth at both early stage and established companies, deep domain knowledge of virtualization and storage, and experience with SaaS-based business models, Jeff is uniquely qualified to lead CloudPhysics into the next high-growth phase of the company's life."

"CloudPhysics is redefining how IT uses data to manage the datacenter, and help customers leverage 'Collective Intelligence' to achieve operational excellence through data-driven decision making," said Hausman. "It's an honor to join the highly innovative, award-winning CloudPhysics team. I look forward to further accelerating our growth and leading the company to even greater levels of success."

Hausman joined Symantec in 2011 with the acquisition of LiveOffice where he served as COO for the leading provider of cloud archiving solutions, now known as EV.cloud. During his tenure, the EV.cloud business grew more than 150 percent, and he subsequently assumed leadership of Symantec's Information Availability and Intelligence group, directing a team of 2000 employees to deliver market-leading offerings in storage, availability, archiving, and eDiscovery.

Previously, Hausman held executive positions at Veritas, Symantec, and Hewlett Packard focused on storage, data management, and security in software, SaaS, and hardware businesses. During his earlier tenure at Symantec (through the acquisition of Veritas), he was vice president and general manager for Symantec's SaaS business and held various product management and marketing roles for a number of market-leading enterprise products and services. Earlier in his career, he held leadership roles at several early-stage venture-backed technology companies and served as a consultant to Fortune 500 companies as part of Booz & Co.

"During this time of growth, there is no better person than Jeff to lead the CloudPhysics team. It's a win first for CloudPhysics' founders, as well as for customers, partners, employees, and investors who believe in the vision and long-term value of the company," said Mike Abbott, member of the CloudPhysics board of directors and general partner at Kleiner Perkins Caufield & Byers. "Jeff brings a track record of accomplishment and a skillset to capture the market opportunity ahead, building on the solid foundation and momentum achieved by the CloudPhysics team under John's leadership."

Additional Resources

About CloudPhysics

CloudPhysics provides predictive analytics for virtual datacenters, delivering data-driven insights that enable IT teams to proactively manage their virtualized infrastructures while reducing cost and risk. The company's SaaS-based offering collects machine metadata of virtualized infrastructure and, using Big Data analytics combined with unique patent-pending datacenter simulation and resource management techniques, uncovers hidden operational hazards before problems emerge and identifies radical improvements in resource utilization. CloudPhysics' unique approach to IT operations management gives IT teams more power than ever before to understand, troubleshoot, and optimize their virtualized datacenters. The company, based in Mountain View, Calif., serves thousands of users worldwide and is backed by Mayfield, Kleiner Perkins Caufield & Byers, and Jafco Ventures. For more information, visit: http://www.cloudphysics.com.

Media and Analyst Contact:
Amber Rowland
[email protected]

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