M5 Networks, Provider of VoIP Phone Systems, Appoints Keith Nealon as Chief Revenue Officer
NEW YORK, July 12, 2011 /PRNewswire via COMTEX/ -- M5 Networks (www.m5.net), the market leader in business phone systems, today announced the appointment of software-as-a-service (SaaS) industry veteran Keith Nealon to its leadership team in the newly-created position of Chief Revenue Officer. Based out of M5's New York City headquarters, Nealon will be responsible for M5's direct and channel sales, as well as the company's marketing and customer success organizations.
"Keith Nealon brings a wealth of experience and a deep understanding of the industry to our executive team," said Dan Hoffman, CEO of M5 Networks. "We are certain that our sales and marketing teams will benefit greatly from his insights and leadership." Nealon brings almost 20 years of strategy, sales, and marketing experience to the M5 team. He has grown several SaaS companies to market leadership positions, including Eloqua, a marketing automation platform. During his four years at Eloqua, he helped scale the company into one with global operations, an average compound growth of 80% year over year, and more than 30,000 users in 30 countries.
"I have been extremely impressed with M5's cloud-based communications technology," Nealon said. "The leadership's commitment to quality, reliability, and customer service is unparalleled in the industry, and has understandably fueled their impressive growth as a business. I am excited to join the M5 team and look forward to playing an important role as we continue our mission to help companies optimize their businesses with our voice-as-a-service platform." Prior to Eloqua, Nealon held various sales leadership positions at Navisite, Inc., helping to increase the company's revenues from $30 million to $125 million in three years prior to its acquisition by Time Warner Cable. Nealon also co-founded and served as CEO of Nebula Technologies, an award-winning international systems integration and consulting firm. Nebula experienced an average of 50% year-over-year growth up until its 2002 sale.
About M5 Networks M5 Networks, the market leader in business phone systems, is redefining what a business phone system can do by offering a wide range of solutions for all types of businesses and needs. From managing a sales force to a call center, M5 Networks' client-focused, cloud-based solutions allow businesses to work the way they want to, while connecting them to their customers and integrating their business-critical applications. Headquartered in New York City, industry-award winning M5 Networks pioneered hosted VoIP in 2000 and today provides more than 1,800 companies with enterprise-class phone systems. For more information, please visit www.m5.net.
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