Sonian Names Board Member Daniel Demmer as Interim CEO
DEDHAM, Mass. — October 31, 2014 — Sonian, an early innovator in cloud-based data archiving, today announced that Board of Directors member Daniel Demmer will serve as interim Chief Executive Officer. Demmer succeeds Jeff Dickerson, who has resigned as CEO and Chairman after four years with the company.
“We are thankful for Jeff’s leadership and wish him the best in the next phase of his career,” said Demmer. “Sonian has undergone a tremendous transformation and will continue to focus strategically on growing revenue and providing our partners and customers with industry-leading cloud archiving solutions. I look forward to working even more closely with the Sonian team to provide strategic guidance and leadership during the company’s next phase of growth.”
While Dickerson’s departure is a loss for Sonian, it comes as the company has just completed its best quarter in its seven-year history. The company also just expanded its offerings to include an archiving service for Microsoft Lync instant messages last month.
As interim CEO, Demmer will also spearhead the search for a new CEO and will work with Sonian’s executive team to facilitate a smooth leadership transition while overseeing the company’s operations.
Demmer brings to Sonian deep technology experience and success. He is currently the operating partner at OpenView Venture Partners, an expansion-stage venture capital firm focused on providing technology companies with operational support. He has more than 25 years of experience as a leader in business management and corporate finance, having served as a president, COO, CFO and Board Member in high-growth software enterprises. Demmer was previously president of Endeca Technologies, where he led the venture-backed, information analytics software company on a path of rapid revenue growth and profitability. Endeca was acquired by Oracle Corporation in late 2011.
“I’m truly grateful to have had the opportunity to lead a company that helped pioneer cloud archiving,” said Dickerson. “Our accomplishments over the past several years have helped to make Sonian one of the leading cloud archiving providers. The company is well-positioned to grab market share and continue to accelerate its growth across the globe.”
An early innovator in cloud-based archiving, Sonian preserves, protects and presents the world’s information. More than 17,000 customers in 40 countries trust Sonian’s secure platform and fast and accurate search to retain and retrieve valuable data and to protect the intellectual property in business email. Sonian manages more than 20 billion objects in the cloud; every day, 17 million new documents are uploaded to Sonian’s cloud archives, which can run on any of the world’s five largest public clouds. Boasting strong partnerships with the world’s leading technology companies, Sonian combines innovative technology with deep archiving expertise to satisfy customers of all sizes and industries. For more information, please visit www.sonian.com.