Kabira Hitting Milestones of New Corporate Strategy, Appoints VP of Global Sales; Addition of Proven Sales Leader Builds on Momentum From Recent Financing Round and Appointment of Tibco Pioneer as COO.SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif. -- Kabira Technologies Inc., a leader in high performance transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. software for global enterprises, announced today the appointment of Eric Graber as Vice President of Global Sales. Graber brings over 20 years of experience as an enterprise software sales executive with a winning track record of revenue growth for emerging companies. The hiring of Graber follows other significant corporate achievements in securing strategic financing and expanding the management team. Mr. Graber's appointment is a critical part of Kabira's new go-to-market strategy to deliver industry-specific transaction processing solutions across a variety of business sectors. With the company's unique solution for high volume transaction processing, Kabira has aligned its strategy with the rapidly accelerating needs of real-time, always-on business models -- such as telecom, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and on-line exchanges -- that demand the highest performance, the lowest cost per transaction and unlimited scalability. "Building on 10 years of customer success, we're equipped and focused to help more enterprises capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the emerging, dynamic market opportunities of always-on business models," said Bradley Rode, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Kabira. "More and more, market demands are turning the tables on traditional transaction processing needs. Our target customers are faced with rapidly rising transaction volumes that need to be processed at faster speeds and at lower cost than ever. With our new strategy, we believe we have the right team with the right solution at the right time to address the needs of our market." Prior to joining Kabira, Graber was Vice President, Global Sales for Traiana, Inc., an enterprise application provider to the global capital markets sector. Prior to that he was Vice President of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales at Serena Software, and also held sales leadership positions at Sybase and Legent Corporation. Graber has a degree in computer mathematics from San Jose State University. "We are very pleased to add Eric to our remarkable management team," added Rode. "He is a seasoned sales executive with deep experience and passion for working with some of the largest companies in the world. His success in building and leading sales teams is pivotal for Kabira." Scaling the Company to Address New Corporate Objectives Last September, Kabira announced that it had successfully secured strategic financing from a group of new and existing blue-chip investors led by 3i, Sevin Rosen Funds Sevin Rosen Funds (SRF) is a venture capital firm that was established in 1981 by L.J. Sevin and Ben Rosen. SRF was involved in the financing of ArQule, CIENA, Citrix, Cypress Semiconductor, Electronic Arts, Lotus Development Corporation, Silicon Graphics, and Vitesse. , SVM SVM Support Vector Machines SVM School of Veterinary Medicine SVM Solaris Volume Manager SVM Space Vector Modulation SVM Storage Virtualization Manager (StoreAge) SVM Service Module (also abbreviated as S/M) STAR Ventures Management, and Crosspoint Venture Partners. The strategic financing is being used to help accelerate development of a new set of software products designed for telecommunications and financial services companies that Kabira will introduce later this year. Building on that momentum, Kabira hired industry veteran Bradley Rode as Chief Operating Officer (COO) of the company in September. Rode joined Kabira from Tibco Software where he drove the strategy, development, and support of the company's product lines as EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Products and Technologies, and provided executive sponsorship of Tibco's largest accounts. Prior to Tibco, Rode was CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of iPin and CEO of Internet Profiles (I/PRO). Previously, he was a member of the founding team of Tibco, where he developed the TIB See NIST binary. technology and had responsibility for the Financial Services division. As COO of Kabira, Rode is overseeing company sales, marketing, and services. He has aligned Kabira's strategy and resources to better execute on the market opportunity around real-time, always-on business models that demand the highest performance, the lowest cost per transaction and unlimited scalability. Kabira's Transaction Platform(TM) and Accelerator(TM) products provide highly effective solutions for organizations confronting today's market demand for real-time transaction processing. Its unique Transaction Optimized Services (TM) technology is the "secret sauce" that enables Kabira to do so much more for less. A 64-bit memory-resident platform, Kabira can execute more than 50,000 transactions per second In a very generic sense, the term Transactions Per Second refers to the number of atomic actions performed by certain entity per second. In a more restrictied view, the term is usually used by DBMS vendor and user community to refer to the number of database transactions performed running on standard commodity hardware. Since Kabira supports real-time data, transactions, applications, and connectivity in high-speed memory, transactions execute up to 100 times faster than with systems relying on disks. This inherent service-oriented approach to transaction processing is ideal for today's SOA-based business applications and services that require flexibility, scalability, reliability and maximum performance. About Kabira Technologies Inc. Kabira provides high performance transaction processing software for global enterprises to manage high volumes at a substantially lower cost. We ensure critical business services are always available. And, new services can be implemented more quickly at 5 times the performance and a fraction of the cost of traditional transaction processing systems. Kabira has been adopted by 70 organizations in 30 countries. Companies such as Visa, AT&T, France Telecom, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Vodafone and Alcatel rely on Kabira high-performance transaction processing to support real-time product and service offerings. The company is privately held. For more information, visit www.kabira.com. |
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