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Bit9 + Carbon Black Appoints Chris Menard Chief Financial Officer

WALTHAM, Mass., Nov. 24, 2014 (GLOBE NEWSWIRE) -- Bit9® + Carbon Black®, the leader in endpoint threat prevention, detection and response, today announced the appointment of Chris Menard as executive vice president and chief financial officer.

Menard, who has been CFO at successful public and private technology companies, is responsible for all of Bit9 + Carbon Black's finance and administration activities. He joins the company from Brightcove, a publicly held video SaaS company in Boston where as CFO he led the company's successful IPO in 2012. Previously, he spent nine years at Phase Forward, a leading provider of enterprise software, which went public in 2004 and was eventually acquired by Oracle in 2010. Menard joined Phase Forward in 2001 as director of finance and was CFO at the time of the acquisition.

Menard earned an MBA in finance from Boston College and a bachelor's degree in finance from Babson College. He serves on the board of Globoforce, where he is audit committee chair, and on the board of overseers at Babson College.

Bit9 + Carbon Black Executive Quote: Patrick Morley, president and chief executive officer

"We live in a cyber world and that brings with it unprecedented security challenges for all organizations. To protect their information and customers from advanced threats, organizations need a new approach to endpoint and server security, and Bit9 + Carbon Black is the only company delivering a complete next-generation endpoint security solution. Adding a CFO with Chris's skills and experience is an important step for the company. Chris joins Bit9 + Carbon Black at a time of explosive growth as we consistently achieve quarterly and annual records for revenue growth and new customer acquisition. Chris's leadership will be vital as we execute our strategy for continued growth and leadership in the security market."

Bit9 + Carbon Black Executive Quote: Chris Menard, executive vice president and chief financial officer

"It's rare to find a company that is already so successful and poised for even greater success in the future. This is a very exciting time to join the executive team at Bit9 + Carbon Black as we work with our talented employees to deliver the very best endpoint and server security solutions to a market that has an urgent need to protect its data—including customer information—from rapidly growing advanced threats."

Sequoia Capital Executive Quote: Doug Leone, partner

"Chris has exceptional experience building fast-growing technology companies. His addition makes an accomplished leadership team even stronger and positions Bit9 + Carbon Black to take the next step in their evolution."

About Bit9 + Carbon Black

Bit9 + Carbon Black offers the most complete solution against the advanced threats that target your organization's endpoints and servers. This makes it easier for you to see—and immediately stop—those threats.

Carbon Black's lightweight endpoint sensor, which can be rapidly deployed with no configuration to enable detection and response in seconds, combined with Bit9's industry-leading prevention technology, delivers four key benefits:

  • Continuous, real-time visibility into what's happening on every computer
  • Real-time threat detection, without relying on signatures
  • Instant response by seeing the full "kill chain" of any attack
  • Prevention that is proactive and customizable

More than 1,000 organizations worldwide—ranging from 25 Fortune 100 companies to small enterprises—use Bit9 + Carbon Black to increase security, reduce operational costs and improve compliance. Leading managed security service providers (MSSP) and incident response (IR) companies have made Bit9 + Carbon Black a core component of their detection and response services. With Bit9 + Carbon Black, you can arm your endpoints against advanced threats. For more information, visit www.bit9.com.

Bit9 and Carbon Black are registered trademarks of Bit9, Inc. All other company or product names may be the trademarks of their respective owners.

CONTACT: Kevin Flanagan Bit9 +1 617-393-7421 kflanagan@bit9.com Kenna Luguri Lois Paul & Partners +1 617.986.5879 bit9@lpp.com

Source: Bit9