Cenzic Taps World-Class Domain Experts to Fill Top Management Posts; Risk Management Company Names Technology, Business Leaders to Executive Ranks.Business Editors CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 28, 2002 Today, more than ever, a key ingredient to success for companies in the technology sector is a strong, experienced management team capable of responding to the needs of a worldwide customer base. Cenzic, Inc., a company offering products and services that provide a new approach to assessing, analyzing and mitigating risks to critical software applications and corporate IT infrastructure, today announced new members of the management team in conjunction with the announcement of the company and its funding. Cenzic founders Penny Leavy and Greg Hoglund will be joined by seasoned security and software industry leaders Alan Henricks, chief executive officer and president, Steph Marr, vice president of engineering and John Blumenthal, vice president of product marketing. "There's an overwhelming market need for network and software application risk management products, and Cenzic's approach meets that enterprise need today," said Henricks. "We've been able to attract a top-level, experienced management team because we have a working product with excellent initial customer feedback, as well as a product roadmap that solves a big problem in the enterprise." In related news, Cenzic today announced it has received $5 million in initial financing from top-tier venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] Hummer Winblad Venture Partners and JK&B Capital. The company, formerly ClickToSecure, recently changed its name to Cenzic. The first product based on Cenzic's innovative product architecture is slated for release in the second quarter of 2002. Management Team Background Alan Henricks, chief executive officer and president of Cenzic, is a technology industry veteran who has built companies from the ground up by leading them to market and taking them through successful IPOs. An experienced industry professional, Henricks has an exceptional track record of building successful enterprise software companies. He was formerly chief financial officer of Documentum, the leading provider of enterprise document management software, where he oversaw the company's entry into the public market through a highly successful NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . His vision and expertise in guiding companies from early-stage through IPO, was also evident when he served as a key member of the management team responsible for the successful IPO at Interwoven in·ter·weave v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves v.tr. 1. To weave together. 2. To blend together; intermix. v.intr. (Nasdaq:IWOV), the content infrastructure systems and services company. Henricks also served on the executive staff of Borland International where he grew the company from $60 million to $450 million in annual revenue during his tenure. At Borland, Henricks managed a staff of more than 600 people spanning a worldwide organization, and he led the company through a successful IPO and a $400 million merger. A seasoned financial and operations executive, Henricks brings skills, maturity and a history of successful companies to Cenzic. Penny Leavy, vice president of sales and business development and Cenzic co-founder, has achieved a series of noteworthy sales and marketing successes in the software business. She oversaw the market expansion of FTP Software FTP Software was a software company incorporated in 1986 by James van Bokkelen, John Romkey (author of the MIT PC/IP package), Nancy Connor, Roxanne van Bokkelen (nee Ritchie), Dave Bridgham and several other founding shareholders. and was responsible for managing the company's sales and business development. Leavy has extensive experience in establishing corporate distribution channels and strategic partnerships, played principal roles in corporate acquisitions and championed effective corporate branding Corporate branding is the practice of using a company's name as a product brand name. It is an attempt to leverage corporate brand equity to create product brand recognition. It is a type of family branding or umbrella brand. and positioning efforts. After joining Finjan Software in 1997 as vice president of marketing and business development, she developed partnerships with Cisco, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) and Intel establishing Finjan as a strong brand. At Finjan, Leavy successfully repositioned the company from a retail vendor to a corporate-security vendor, obtaining strong industry recognition for the company. While at Finjan, Leavy also started an IETF-like initiative with Ron Moritz, former CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Symantec, called the CCI CCI Chambre de Commerce et d'Industrie (France) CCI CAM (Complementary and Alternative Medicine) Citation Index CCI Chamber of Commerce and Industry (Western Australia) API initiative, which sought to bring standards to the security industry regarding interoperability. Greg Hoglund, chief technology officer and Cenzic co-founder, is a technical pioneer of innovative security solutions. Hoglund is a widely published author on the subject of security vulnerabilities and speaks worldwide on protecting enterprises from intrusion and attack. His keen sense of what's required for effective network security has led to significant product breakthroughs and has delivered more effective security protection for both consumers and businesses. His varied career at companies including Sierra-on-Line, the large Seattle-based interactive game company, and Tripwire trip·wire n. 1. A wire stretched near ground level to trip or ensnare an enemy. 2. A wire or line that activates a weapon, trap, or camera, for example, when pulled. 3. , the leading provider of anomaly-based intrusion detection systems, provided him with real world insights into the need for better security protection. Hoglund has extensively researched thousands of program bugs and developed the algorithms that can pinpoint problems. His theoretical research in the security field uniquely qualifies him to lead Cenzic's architecture development efforts. Steph Marr, vice president of engineering, brings outstanding executive skills and exceptional technical vision to Cenzic. He has a proven record of accomplishment in information security, engineering management, and customer service in fast growth environments. He possesses a broad knowledge and understanding of security protocols and the technology needs of customers. He has been widely published in magazines, trade journals and is frequently quoted as a security expert. Most recently, Marr was corporate vice president of information security for Predictive Systems (Nasdaq:PRDS PRDS Parti Républicain Démocratique et Social (French: Democratic and Social Republican Party, Mauritania) PRDS Pitt-Rogers-Danks Syndrome PRDS Peachtree Rainbow Deaf Society, Inc. ), a network infrastructure consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . Before Predictive, Marr was responsible for communications and technical strategy at The Santa Cruz Operation See SCO. Santa Cruz Operation - (SCO) A supplier of Unix systems for Intel microprocessors. They supply Xenix and Open Desktop. Founded in 1979, SCO became a public company in May, 1993 and trades on the Nasdaq National Market System under the symbol SCOC. , Inc. (SCO (The SCO Group, Lindon, UT, www.sco.com) A leading vendor of Unix operating systems for the x86 platform. SCO had also offered Linux, but abandoned the line in the spring of 2003. The SCO Group is the combination of two companies: Utah-based Caldera, Inc. ), a company developing cutting-edge Unix solutions. John Blumenthal, vice president of product marketing, is considered an expert in software development and digital security. With more than 16 years of related experience, he brings knowledge and skills in technical areas, marketing and business development for start-ups and established companies. Blumenthal founded QVTechnologies, Inc., an award-winning e-mail security software company where he served as chief executive officer and vice president of business development. He conceived and created a product that integrated messaging systems and digital rights management, enabling unprecedented content control and co-invented four patent-pending technologies on the product's architecture. As the vice president and general manager of the Tools Division of @stake, a leading security consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , Blumenthal established and implemented strategic direction and business plans for the company's board of directors, senior management and investors. About Cenzic, Inc. Headquartered in Campbell, Calif., Cenzic was founded in May 2000 as ClickToSecure. Cenzic is focused on providing products and services to help enterprises implement a risk management strategy to assess, analyze and mitigate risk to critical applications and networks. For more information, please call 408/626-9004 or visit the Cenzic web site, www.Cenzic.com About Hummer Winblad Venture Partners Established in 1989, Hummer Winblad Venture Partners (www.humwin.com) was the first venture capital firm to invest exclusively in software companies. Today, Hummer Winblad Venture Partners has $1 billion under management and is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Past early stage investments include Arbor Software See Hyperion. , Extensity ex·ten·si·ty n. pl. ex·ten·si·ties 1. a. The quality of having extension or being extensive. b. A specific degree or range of extension. 2. , Global Center, NetDynamics, Powersoft, Scopus Technologies, and Wind River Systems. Hummer Winblad Venture Partners investment categories include enterprise applications, software infrastructure and platforms, development tools, and engineering and scientific software. About JK&B Capital JK&B Capital is a venture capital firm based in Chicago with $900 million under management. JK&B was founded in 1996 with the belief that in addition to capital and financial savvy, successful venture investing venture investing The acquiring of a stake in a start-up company by a brokerage firm or analyst by obtaining discounted, pre-IPO shares. Critics claim venture investing causes analysts to have a vested interest in seeing a stock appreciate in value and so requires unique relationships and in-depth industry and technical expertise in order to identify the most attractive investment opportunities and consistently add value to portfolio companies. Information about JK&B Capital is available at www.jkbcapital.com. |
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