Network Security

Company news: New hires at CipherCloud and Emailage receives more funding

» Christopher Bolin has joined Absolute Software, a Vancouver, BC, Canada-based endpoint security and management solutions provider, as chief product officer. Bolin will be responsible for Absolute's overall global strategy, and the company's product development and product management teams will report directly to him. Bolin, who has worked in information security for more than 20 years, was previously executive vice president of worldwide product operations and CTO at McAfee. During his time there, he grew security specific product revenues to more than $2 billion from under $500 million.

» Emailage, a Phoenix-based fraud prevention provider, has received $3.8 million in funding led by Felicis Ventures. Double M Partners and Much Capital also joined the Series A funding round. Emailage has tripled the number of transactions analyzed over the past year and flagged more than two million transactions as “risky.”

» Chenxi Wang (left) has joined CipherCloud as vice president of cloud security and strategy. Prior, Wang was at Intel, McAfee and Forrester Research.

» Sean Molloy has joined Tenable Network Security, a continuous networking monitoring company, as vice president of cloud services. Molloy will oversee the operations, deployment, design and architecture of Tenable's cloud product lineup. Molloy previously worked as the director of software engineering at Qualys until he was promoted to chief architect. While in that role, he helped deploy the company's cloud platform and transition it to a services-based software model.

» Sydney Carey has joined Zscaler, a San Jose, Calif.-based internet security company, as the company's CFO. Carey will report to the company's founder and CEO Jay Chaudhry. She will be responsible for the company's global financial operations. Carey was named a Bay Area CFO of the Year in 2012 and most recently worked as the CFO of MongoDB. Previous to that, she spent nine year at TIBCO.

» PayPal has acquired Israel-based CyActive, which claims its offering – based on an algorithm sourced from biology  – is able to foresee and forestall potential cyberthreats. CyActive was incubated by Jerusalem Venture Partners. It also received investment from Siemens

» Kurt Takahashi has joined AMAG Technology, a Torrance,Calif.-based end-to-end security management solutions provider, as its senior vice president of sales. Takahashi leads the field sales team and helps implement strategies to drive growth and extend customer service. He will report to President Matt Barnette. He most recently worked at Quantum Secure as a vice president of global sales and marketing. While there, he changed the company's sales approach through purchasing agreements and by increasing customers' pipeline and account activity.

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