xkoto Strengthens Senior Leadership Team

xkoto Inc., a provider of data virtualization solutions that ensure availability and scalability for mission-critical data and applications, today announced it has strengthened its management team, adding three executives with extensive experience in enterprise software and systems.

Joining xkoto are John Hamilton, Senior Vice President of Sales and Services; Dermot O’Grady, Chief Financial Officer; and Charlie Ungashick, Vice President of Marketing. Momentum continues to build at xkoto, which received $7.5 million in financing late last year, established its corporate headquarters in Waltham, Massachusetts, and expanded its research & development operations in Toronto.

“The management team we have assembled puts us in excellent position to take a major share of the data virtualization market,” said David Patrick, President and Chief Executive Officer. “We are now geared up to build on the vision of our co-founders, Albert Lee, Ariff Kassam and Jeff Heisz, who identified the need for a product that would dramatically improve application availability by virtualizing the database infrastructure.”

Patrick said the team is ramping sales of xkoto’s proven GRIDSCALE software platform, used by large organizations needing 24×7 uptime and increased performance from their database management systems. Roger Walker, Vice President, International Sales, will report to Hamilton.

Prior to joining xkoto, John Hamilton was Executive Vice President and Chief Operating Officer at Trigence, an application virtualization software company. Previous experience includes vice president of worldwide sales at Softricity, which was acquired by Microsoft, and executive sales positions at major technology companies, including EMC and IBM.

Dermot O’Grady has more than 20 years’ experience in accounting and finance, working with companies from startups to publicly held firms. He joined xkoto from Convoq, Inc., where as CFO he was instrumental in raising $23 million in venture capital.

Charlie Ungashick joined xkoto from Deltek, where he was Vice President of Field and Product Marketing and a key contributor to its successful IPO. Prior experience includes marketing and product management for Novell / SUSE Linux, and product marketing, sales and engineering roles at SilverStream Software, FileNET and AIG.

About xkoto

xkoto Inc. enables data virtualization across the enterprise. The company’s patent-pending GRIDSCALE platform dramatically outperforms passive backup systems, ensuring continuous availability and horizontal scalability for mission-critical data and applications. The result — a more agile infrastructure able to deliver data on demand at a significantly reduced cost. GRIDSCALE is used by leading companies in financial services, healthcare, insurance, manufacturing and retail. xkoto’s partners include IBM, Microsoft, VMware, Citrix, Hewlett-Packard, and Sun Microsystems. For more information, visit: www.xkoto.com.

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