BlueCat hires Francisco Velasquez as Chief Financial Officer
TORONTO, May 02, 2023 (GLOBE NEWSWIRE) -- BlueCat Networks, a leading provider of mission-critical network and cloud infrastructure software for reliable and secure DNS, DHCP, and IP address management (collectively known as DDI), announced that Francisco Velasquez would serve as its new Chief Financial Officer (CFO), effective immediately.
Velasquez brings more than 15 years of experience to the role. As CFO of 360Learning, he oversaw financial planning and analysis, accounting, and treasury. Before that, he was a senior financial leader at e2open, where he managed a successful IPO in 2021 and helped the company grow organically and through mergers and acquisitions. Velasquez also held increasingly senior finance roles at Forterro, Rackspace Technology, and CA Technologies.
Global demand for DDI software is surging. The main drivers are digital transformation initiatives, including cloud migration, network and IT automation, and security. As BlueCat enters its next organic and acquisitive growth phase, Velasquez is ideally suited for the role.
“I am thrilled to welcome Francisco to the BlueCat team and look forward to leveraging his experience scaling businesses both organically and through mergers and acquisitions as we embark on ur next phase of accelerated growth,” said BlueCat CEO Stephen Devito.
"I’m excited to join a dynamic organization with a reputation for supporting and rewarding its employees," said Velasquez. "I am eagerly anticipating the opportunity to collaborate with the talented workforce, senior leadership, and Audax Private Equity to help shape the next chapter of BlueCat’s journey."
About Audax Private Equity
Audax Private Equity is a part of Audax Group, a leading alternative investment manager with approximately $36 billion of assets under management. For more information, visit audaxprivateequity.com or follow us on LinkedIn.
Contact: Pierre Hamilton Senior Manager, Corporate Communications [email protected]
IT vs OT
ITEXPO #TECHSUPERSHOW Booth Crawl
CEO Insights: The Good, Bad, and Ugly of Using Generative AI for Business