CipherCloud Expands Management Team

PRESS RELEASE

SAN JOSE, Calif., January 3, 2013 - CipherCloud, the leader in Cloud Information Protection, announced two new members to its executive leadership team. Travis Patterson, who recently served as Marble Cloud’s senior vice president of Sales and Support, joins as senior vice president of Worldwide Sales. Paige Leidig joins as CipherCloud’s first chief marketing officer, coming from SAP where he served as global vice president, Office of the CEO. Both executives report directly to CipherCloud’s CEO and founder, Pravin Kothari.

Patterson brings to CipherCloud nearly two decades of experience in driving rapid sales growth in the software industry. In addition to his most recent work at Marble Cloud, he led the America’s Software & Solutions Strategic Accounts organization at HP, and held senior sales management positions with Opsware and Parametric Technology Corporation. He has consistently demonstrated his ability to steer complex sales organizations and to launch new business strategies for both large and small companies. Patterson joined CipherCloud due to the rapid success of the many large customer go-lives and the breadth of the company’s portfolio of Cloud Information Protection solutions that strongly position the company for hyper growth.

“As companies increasingly move to the cloud they want a cloud security partner focused on protecting their information everywhere, which is why CipherCloud is the fastest growing Cloud Information Protection provider in the world,” Patterson said. “With more than 1.2 million users and more than 100 million customer records protected around the globe, CipherCloud has demonstrated amazing success for a young company. Moving forward, we will continue to focus on customer success and rapid growth. I'm eager to be joining the team leading the charge.”

Leidig has 20 years of experience in developing marketing strategies and leading global growth for technology companies. Prior to his new role, he held executive roles at SAP where he drove the introduction of a broad portfolio of cloud applications designed for the business user and introduced market changing xApps solutions to the enterprise. He also previously held senior marketing roles at Ariba, Elance, and E*Trade. Leidig is a seasoned marketing executive with experience in bringing innovative products to market and driving rapid customer adoption.

“CipherCloud is pioneering one of the most fundamental shifts in technology taking place today, and has proven it can innovate, drive customer adoption and lead in the Cloud Information Protection marketplace. They have created a game-changing portfolio of solutions that are enabling companies to rapidly and safely move to the cloud by solving the most challenging problems of information protection,” Leidig said. “I’m excited to lead CipherCloud’s marketing organization as it continues its rapid growth and delivers innovative new solutions to market.”

“We're delighted to have these two industry veterans spearheading CipherCloud's next marketing and sales innovations," said CipherCloud Founder and CEO Pravin Kothari. "Their drive and expertise will help us to accelerate our already fast momentum, continue to exceed the expectations of our customers and take the company to new heights."

About CipherCloud

CipherCloud, the leader in cloud information protection, provides cloud encryption and tokenization gateways to enable organizations to securely adopt cloud applications by eliminating concerns about data privacy, residency, security, and regulatory compliance. CipherCloud’s groundbreaking gateway encrypts sensitive information in real time, before it's sent to the cloud, using operations-preserving encryption and tokenization technology without impacting usability or the application in any way.

The CipherCloud product portfolio supports popular cloud applications out-of-the-box such as Salesforce, Force.com, Chatter, Google Gmail, Microsoft Office 365, and Amazon AWS. Additionally, CipherCloud Connect AnyApp and Database Gateway enable organizations to extend data protection to hundreds of third-party cloud and private cloud applications and databases.

Recognized by Gartner as a Cool Vendor in Cloud Security, CipherCloud is backed by premier venture capital firms including Andreessen Horowitz, Index Ventures, and T-Venture, the venture capital arm of Deutsche Telekom. For more information, visit www.ciphercloud.com and follow us on Twitter @ciphercloud.