Riverbed Technology Adds Two Silicon Valley Veterans to Corporate Executive Team; Brett Nissenberg Named as General Counsel; Oracle Corporation's Assistant Controller Lisa Powers Named as Riverbed Corporate Controller.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 -- Riverbed Technology Riverbed is a corporation providing wide area data services (WDS).
Riverbed Technology's world headquarters is located in San Francisco, California. , the performance leader in application acceleration on wide area networks, today announced the addition of two senior staff members to the executive team: Brett Nissenberg, as General Counsel and Vice President of Corporate and Legal Affairs, and Lisa Powers, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , as Corporate Controller. The addition of Nissenberg and Powers rounds out Riverbed's senior staff and gives the company additional expertise as it expands operations and builds on its already strong success in the Wide-area Data Services (WDS Wds Words
WDS Wireless Distribution System (Joint Common Database)
WDS Wide-area Data Services
WDS Wireless Domain Services (Cisco Systems technology)
WDS Wavelength Dispersive Spectroscopy ) market.
"With these new hires, Riverbed has the pieces in place to grow into a world-class organization," said Jerry Kennelly, 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. and president of Riverbed Technology. "Over the last few years we've invested heavily in R&D, creating a best-of-breed product and support organization. At the same time, we've put tremendous effort into building a top-notch sales and marketing team, plus lasting relationships with reseller and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and channel partners. This strong effort is reflected in our success to date: in just over one year of shipping product, we have thousands of boxes deployed worldwide and our customer base is well past 200. The addition of Brett and Lisa brings to Riverbed real-world expertise in both private and public company operations that will allow us to meet the scaling challenge of our high growth."
Nissenberg comes to Riverbed from Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP LLP - Lower Layer Protocol , where he counseled venture-backed technology companies and investors regarding financing strategies and in connection with venture financings and recapitalizations. His work included more than 100 venture capital financings and other strategic transactions. In addition, he counseled technology companies and underwriters in public offerings of equity securities and negotiated public-company and private-company mergers and other acquisition transactions.
Prior to joining Riverbed, Powers acted in various capacities for Oracle Corporation (ORCL ORCL Oracle (stock symbol) ), culminating in her role as Assistant Controller. In that role, she was responsible for corporate consolidation and analysis of results, finance acquisition integration, SEC reporting, management reporting, and corporate accounting and consolidation policies. Prior to joining Oracle, Powers was a manager at Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing , LLP, where she worked in the Assurance and Business Advisory Services advisory services
advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal Group.
"Brett's broad experience in counseling venture-backed companies as they grow and face a variety of challenges and opportunities will help Riverbed as the company expands operations in the coming months and years," said Randy Gottfried, chief financial officer at Riverbed. "At the same time, Lisa's professional rigueur, coupled with her experience in the day-to-day operations of a large-scale accounting department, make her an invaluable addition to our team."
Riverbed's Steelhead(TM) appliance is the only WDS product on the market that solves all the key problems with application performance on wide area networks (WANs). These problems have been or are currently experienced by virtually every multi-site company in the world. The company's Steelhead appliances deliver the industry's best network compression, optimize the behavior of TCP (1) (Transmission Control Protocol) The reliable transport protocol within the TCP/IP protocol suite. TCP ensures that all data arrive accurately and 100% intact at the other end. , and add application-specific optimizations to minimize the effect of high latency on common enterprise applications.
About Riverbed Technology
Riverbed Technology is the pioneer in wide-area data services (WDS), a fast-growing product category that solves the problems of high latency and low bandwidth that plague a wide variety of applications over distributed networks. Riverbed's Steelhead appliances provide the highest level of WAN performance at the lowest total cost of ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ), reducing WAN traffic by up to 95% and accelerating applications by up to 100 times. By providing optimizations that are orders of magnitude greater than what users experience today, Riverbed is changing the way people work - and enabling, for the first time, a truly distributed workforce. InfoWorld named Steelhead a "Product of the Year" for 2005 as the "Best WAN Accelerator." Riverbed's award-winning solutions are available worldwide from resellers who are members of the Riverbed Partner Network, Riverbed OEM partners, or directly from Riverbed. Riverbed has received funding from Accel Partners, Goldman Sachs, Lightspeed Venture Partners and UV Partners.
Riverbed Technology, Riverbed, Steelhead and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc.