Company news: Larry Whiteside named CISO at Spectrum Health Systems, and other M&A and personnel announcements

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»Larry Whiteside (left) has been named CISO and director of enterprise IT security, risk and compliance at Spectrum Health Systems, a Grand Rapids, Mich.- based nonprofit dedicated to improving the health of families and individuals. He was formerly CISO at Visiting Nurse Service of New York.

»Virtual malware threat protection vendor Invincea has announced it raised $5.1 million in growth capital. The cash investment, led by Harbert Venture Partners, Grotech Ventures and New Atlantic Ventures, will primarily be put to use expanding Invincea's corporate sales, engineering and marketing efforts. At the same time, Christopher Smith (right) has been named worldwide VP of sales. He was formerly Eastern VP of sales at ArcSight.

»Boulder, Colo.-based cloud security company Symplified has announced it has partnered with GCA Technology Services, a provider of identity management solutions. GCA will now offer Symplified's identity and access management customers access to cloud infrastructure.


»The Security Industry Association (SIA), a trade group that represents the makers, service providers and integrators of electronic physical security products, has appointed Marcus Dunn (left) director of government relations. He replaces Don Erickson, who last year was named SIA's CEO. Dunn formerly served as a senior account executive at Susan Davis International, a public relations firm.

»ManTech International, provider of IT services to the federal government, has named Mark Chadason (right) senior vice president and general manager of its cyber and security operations business unit. Chadason will oversee a team whose goal is to provide customized security solutions to the U.S. military and intelligence community. He previously served as corporate risk officer at ManTech and is a veteran of the CIA.

»San Mateo, Calif.-based network intelligence provider VSS Monitoring has named 25-year industry veteran Rob Markovich as SVP, worldwide sales and marketing. Previously, Markovich was co-founder and executive at Visual Networks, a network service assurance vendor, which he led to a successful IPO and acquisition by Fluke Networks, and he was CEO of enterprise mobility startup Agito Networks, which was acquired by Shoretel.

»IBM has announced it will acquire Green Hat, a provider of software quality and testing services for the cloud. The company will be integrated into Big Blue's Rational software group. Terms of the deal were not disclosed.


»Clearswift, a Theale, U.K.-based digital security software company whose products manage inbound threats, DLP, web access policies and compliance, has been acquired by Lyceum Capital, an independent investment firm that concentrates on U.K.-based businesses. Terms of the deal were not disclosed, but the move follows two other recent purchases of technology companies by Lyceum: a $46 million investment in managed IT services provider Adapt, and the $77 million purchase of Access, a SaaS-based accounting and enterprise resource planning business. Lyceum partners Jeremy Hand (left) and David Harland will join the board.

»Defense contractor Raytheon has acquired Pikewerks, a Madison, Ala.-based privately held company, to extend Raytheon's range of analysis and investigation capabilities, with emphasis on insider threat protection, software protection and forensics, for the intelligence and military community. Terms were not disclosed. Sandy Ring, Pikewerks' president, and CEO Michael Ring, will remain with the company.

»Colocation America, a Los Angeles-based provider of colocaction services, dedicated server hosting and connectivity, has announced it has signed a service provider agreement with Tel Aviv, Israel-based Dome9 Security to offer the latter's cloud security firewall management services.

»Cyber-Ark Software has announced a $40 million investment round led by Goldman Sachs and Jerusalem Venture Partners (JVP). The Newton, Mass.-based enterprise security solutions provider plans to use the proceeds to accelerate its growth in the privileged identity management market. JVP founder and chairman Erel Margalit will become chairman of the company, replacing co-founder Alon Cohen. Also joining the board will be David Campbell, a VP in the merchant banking division of Goldman Sachs.

»Software industry veteran Robert Frankenberg (left), head of management consulting firm NetVentures, has been named to the board of Wave Systems, a provider of trusted computing software. He is charged with helping guide the company's business development strategy across several verticals. Frankenberg served for four years as chairman, president and CEO of services provider Encanto Networks, and for three years was chairman and CEO of networking software company Novell.
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