GOVERNMENT

Former Managesoft, Segue CEO to Drive Growth at Next-Generation Storage Appliance Company

Today, Terascala announced that Steve Butler has joined the company as Chief Executive Officer. Butler succeeds current CEO and Terascala founder Larry Genovesi, who will continue to drive the company’s technology leadership as Chief Technical Officer. Butler will also join Terascala’s Board of Directors.

“Terascala’s storage appliances are solving critical problems for customers by enabling them to get the most from their high performance server infrastructure,” said Steve Butler, CEO of Terascala.  “Terascala’s growing list of partners and customers clearly recognize the value of our solution and has driven the need for this type of product. With its ability to fully support Lustre users and its leading performance, it is an exciting time to join the company and I’m looking forward to helping grow the customer base.”

Prior to joining Terascala, Butler was CEO of ManageSoft, a global supplier of enterprise software management solutions that was acquired by Flexera Software in May of 2010. Butler has spent over 15 years as a high technology CEO in both private and public companies, including six years as CEO of Segue Software, which was acquired by Borland. Butler holds a BS in Computer Engineering from the University of Rhode Island.

Many of today’s performance-driven environments are struggling with the challenge of how to get large amounts of data to servers quickly. Terascala’s storage appliances provide extremely high throughput so that data is rapidly available to applications enabling them to run at maximum performance. Terascala’s appliances deliver the performance expected in a parallel storage solution in an easy to deploy and easy to manage appliance so that users can get the most out of their environments with little disruption.

“Steve’s track record of creating rapid, profitable growth by building multi-level channels and his strong experience in direct and channel based sales will be invaluable as we deliver the Terascala technology to a broader range of customers.  In addition, his considerable M&A and funding experience will be critical as we continue to expand our partnerships and grow the company,” said Larry Genovesi, CTO of Terascala.