PutPlace ramps up – raises financing, beefs up board

4th of April 2008 by admin

PutPlace, provider of automated, real-time back-up, publishing and sharing services for digital data, today announced the successful conclusion of a funding round and the strengthening of its board.

Industry veterans Pat Lynch and Michael O’Callaghan join existing board members Joe Drumgoole (founder) and Brian Caulfield. The funding round was a co-investment between existing and new investors and Enterprise Ireland. Katherine Lucey has also joined the management team as COO.

Pretty impressive line-up – and not to forget Justin Mason [Spamassin creator] is also at Putplace

Mike O’Callaghan (Chairman)
Michael O’Callaghan is COO at Babelgum, where he is responsible for the company’s business operations as well as infrastructure and network operations. Before joining Babelgum, Michael was Vice President and General Manager of Oracle’s European Development Centre in Dublin and Chairman of Oracle’s main operating company in Europe. Prior to Oracle, Michael established and led Microsoft’s European Product Development Centre in Ireland and in total has over twenty five years industry experience in indigenous and multi-national companies. Michael holds a B.E. from University College Cork.

Brian Caulfield (Board Member)
2007 recipient of the Irish Software Association “Technology Person of the Year”, Brian is a Computer Engineering graduate from Trinity College Dublin. In 1992 Brian co-founded Exceptis Technologies where he was CEO and CTO. Exceptis developed dispute management software for the electronic card payments sector that was sold to blue-chip banking customers in Europe, the United States and Asia. Exceptis was sold to Trintech Group (NASDAQ: TTPA) in November 2000. Brian has co-founded two other venture capital backed software start-ups, Similarity Systems and Prediction Dynamics. More recently, Brian has worked with Trinity Venture Capital, representing them on the boards of AePONA and SteelTrace.

Pat Lynch (Board Member)
Pat founded Microtech Cleanroom Services in 1998 having previously worked in senior financial roles with US multinationals Seagate Technology and Summit Technology. Pat is a serial investor in high-potential technology start-ups and has significant experience in bringing companies to scale.

Katherine Lucey (Management Team)
Katherine has a strong track record in international software marketing. Most recently, she led the execution of an aggressive marketing plan for SteelTrace that resulted in a doubling of revenues, quarter-on-quarter. SteelTrace was sold to Compuware in 2006. She previously worked with Openet Telecom and the Irish Software Association.

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