Appointment designed to leverage company’s newest round of financing and accelerate growth in global target markets
PRESS RELEASE – MOUNTAIN VIEW, Calif. – June 8, 2015 – HyTrust Inc. , the Cloud Security Automation Company, today announced that longtime industry professional Fred Kost has been named to the post of Senior VP, Marketing. The appointment comes on the heels of the company’s most recent funding infusion, which reached $33 million, and enables HyTrust to greatly expand existing initiatives related to sales and marketing, and target overseas markets with its cloud security automation solutions. For his part, Mr. Kost is uniquely qualified to lead those efforts—he has accumulated a stellar track record successfully positioning early-stage companies for category leadership and market growth.
“Fred has exactly the breadth and depth of experience we need to build on our market momentum and pursue new opportunities, both in the United States and around the world,” said John de Santis, chairman and CEO of HyTrust. “Our optimal cloud security automation solutions have proven their worth in a variety of environments, and this is the perfect time for us to expand our offerings and target new industry sectors and regions overseas. We’re delighted to have Fred join the team, and we look forward to working with him to get HyTrust to the next level of recognition and revenue.”
Over the course of his career, Mr. Kost has played key roles in the leadership team at several high-growth ventures, including Recourse Technologies, which was acquired by Symantec; Blue Lane Technologies, which was acquired by VMware; and nCircle.
He was most recently VP, Security Solutions Marketing, at Ixia, which provides application performance and security resilience solutions to validate, secure and optimize businesses’ physical and virtual networks. In that position he helped raise the company’s profile and drive the growth of the enterprise business. Before that he led Product Marketing at Check Point Software Technologies, where he built and led a product marketing team that had primary responsibility for global marketing for a $2 billion-plus product portfolio. Earlier in his career, he spent more than four years at Cisco where, among other responsibilities, he oversaw Security Solutions Marketing and developed go-to-market strategies for security architectures and solutions. He earned a Bachelor of Science in Electrical Engineering from Purdue University and an MBA from the University of North Carolina.
“As the deployment of production workloads to the cloud accelerates, leveraging the power of virtualization, so does the need for security and operational reliability,” Mr. Kost noted. “I am excited to join HyTrust and drive marketing strategies that will accelerate the adoption of HyTrust solutions and support global sales growth.”
About HyTrust (www.hytrust.com)
Cloud Under Control™
HyTrust is the Cloud Security Automation company. Its virtual appliances provide the essential foundation for cloud control, visibility, data security, management and compliance. HyTrust mitigates the risk of catastrophic failure— especially in light of the concentration of risk that occurs within virtualization and cloud environments. Organizations can now confidently take full advantage of the cloud, and even broaden deployment to mission-critical applications.
The Company is backed by top tier investors VMware, Cisco, Intel, In-Q-Tel,Fortinet, Granite Ventures, Trident Capital, Epic Ventures and Vanedge Capital; and its partners include VMware; VCE; Symantec; CA; McAfee;Splunk; HP Arcsight; Accuvant; RSA and Intel.