Certeon Picks Up Certain $4M Round

Certeon Inc announced that Massood Zarrabian has joined Certeon as Chairman and Chief Executive Officer and that they have raised a new 4 million round of venture capital to fund continuing investments in R&D and Sales

We are fortunate to have somebody with Massood’s experience join Certeon said Robert Davoli of Sigma Partners Certeon is well positioned to change the way enterprises access applications in the cloud and we expect Massood will be able to accelerate our growth in this emerging market ”

Massachusetts based Certeon’s business is focused on accelerating and broadening networked application access Customers include Aviva plc Insurance the Omnicom Group WaterAid and LeapFrog among others

Massood comes to Certeon with more than 30 years of technology industry leadership software expertise and executive management experience Massood oversees Certeon’s corporate direction and strategy focusing on leadership innovation and customers In addition he serves on the Certeon Board of Directors

Before joining Certeon Massood was President and CEO of OutStart He led OutStart from a newly funded software company with one product and a handful of customers to an acknowledged market leader OutStart was profitable for 7 years in a row and received many accolades including recognition as a Visionary in Gartner’s Magic Quadrant for 7 consecutive years OutStart was acquired in February , by KeneXa Corporation a leader in the Human Capital Management market

Prior to OutStart Massood was President of the eService Division of Broadbase Software a leading provider of eCRM solutions Previously he served as President and CEO of Servicesoft and directed their successful merger with Broadbase Software Massood has also held executive positions with Lewtan Technologies and Cayenne Software as well as a number of senior management positions at Computervision Corporation He is a graduate of the Massachusetts Institute of Technology MIT

One of the biggest issues in the burgeoning cloud computing market is that the network becomes a bottleneck to creating a flexible virtualized world stated Massood Zarrabian Certeon Chairman and CEO Certeon is at the forefront of solving this problem providing a platform that removes traditional networking bottlenecks and delivers ultimate access flexibility I am looking forward to growing Certeon’s presence in this dynamic new marketplace while providing our customers with a future-proof product to accelerate applications for their enterprises ”

Previous investors Sigma Partners Globespan Capital Partners and RRE Ventures LLC all participated in the new round of funding

About Certeon

Accelerate and broaden application access by virtualizing your network Certeon eliminates traditional network constraints and geographical barriers providing any user a LAN-like experience when working with business-critical applications and data Certeon software is built for your virtualized environment It is more scalable and flexible than classic proprietary hardware solutions and it runs on Windows We are continuously enhancing our products protecting your investment in Certeon software and preparing your data center for the future

Certeon is a private company backed by Sigma Partners RRE Ventures LLC and Globespan Capital Partners headquartered in Burlington Massachusetts and USA a href=”http://www certeon com target=”_blank”>www certeon com