|[April 17, 2012]
UnboundID Opens UK Office to Expand Into Europe
AUSTIN, Texas --(Business Wire)--
UnboundID (News - Alert), a leading platform provider for identity services, today
announced the opening of its new office in London to facilitate its
business development and sales operations throughout the U.K. and
Europe. UnboundID recognized and seized the opportunity to expand its
growth into EMEA markets in order to increase sales and adoption of its
identity services platform in other global markets and better meet the
needs of its customers.
"With rapid growth expected in the Identity Economy, we are expanding
our global presence and customer reach," said UnboundID CEO Steve
Shoaff. "We see tremendous growth potential and opportunities in Europe
across several vertical markets, especially telecom and financial
services. With this expansion, we now have the geographic support to
meet the needs of our customers in Europe."
To manage daily operations, UnboundID hired Matthew Hemming, a seasoned
IT managing director with 23 years of experience at the management level
working with leading technology services and solutions providers.
Hemming will be responsible for creating and executing new sales
strategies for U.K. and Europe, as well as building out the European
sales team. He also will coordinate expansion into target vertical
markets, including telecom and financial servces.
"I appreciate the trust UnboundID has placed in me," said Hemming. "I
believe UnboundID can unlock hidden value from the identity data that
EMEA businesses have and help them bring to market new revenue
generating services. I look forward to using my experience to help the
company achieve its goals in Europe and help support more customers
across global markets."
Hemming has led sales teams in the European, South American, African and
Middle Eastern markets. He previously worked as managing director of
Northern Europe for Motive, Inc. (now owned by Alcatel-Lucent (News - Alert)), a
provider of network manageability and serviceability solutions to
telecommunications companies. Prior to Motive, he served as Trilogy's
vice president of sales for Europe and client services and later moved
to 535X as its managing director.
"We are excited to have Matthew join the UnboundID team and lead our
European operations," said Jeff Bolke, UnboundID Vice President of
Sales. "With Matthew's extensive management and global sales experience,
he will be instrumental in leading our efforts to support EMEA companies
in providing identity management solutions across cloud, mobile and
UnboundID recently announced that it received $12.5 million in funding
from OpenView Venture Partners to expand its market reach through
geographic expansion and vertical market focus. The new office in London
and hiring of Hemming is a key step of UnboundID's growth plan.
About UnboundID Corp.
UnboundID is a leading platform provider for identity services, enabling
companies to dynamically manage, protect, and share customer data in
real-time across cloud, mobile and social applications. UnboundID
solutions help companies increase average revenue per customer while
significantly lowering their costs for service and application delivery.
UnboundID is a privately held company based in Austin, Texas, and is
funded by Silverton Partners and OpenView Venture Partners. For more
information, visit www.unboundID.com.
UnboundID is a registered trademark of UnboundID Corp. All other company
and product names mentioned are used only for identification and may be
trademarks or registered trademarks of their respective companies.
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