SAN JOSE, CA--(Marketwire - Nov 15, 2011) - Nimble Storage, developer of the first converged storage and backup solution, today announced the appointment of Anup Singh, a finance executive with more than 20 years of achieving strong financial and business leadership results in global companies, to the post of CFO. In addition to his CFO responsibilities, he will oversee human resources, legal, information technology and administration. Singh will report to CEO Suresh Vasudevan.
"Anup's outstanding track record of helping build successful, profitable technology companies and guiding them through periods of rapid, scalable growth makes him a great fit for our company," said Vasudevan. "Since we introduced our groundbreaking solution more than a year ago, Nimble has quadrupled our employee base and is the fastest growing storage startup of the past decade. Anup will play a pivotal role in building our financial infrastructure and business processes, as well as in scaling the organization and people processes as we continue to hire at a rapid pace."
Singh joins Nimble from Clearwell Systems, a market-leading e-discovery software company acquired by Symantec, where as CFO he led explosive growth in company revenue from $4 million to $80 million annual run rate over a four-year period, with a compounded growth rate of more than 100 percent per year. In 2009, the San Jose/Silicon Valley Business Journal recognized him as venture-backed CFO of the Year. Previously, Singh was senior vice president and CFO of the Warranty Corporation of America, an Asurion company, and before that he served as vice president, corporate controller and principal accounting officer at Trimble Navigation. Singh has also held leadership positions at Excite@Home, 3Com and Ernst & Young in both San Jose and London. He holds BA and MA Honors degrees in economics and management science from Cambridge University and is a Fellow of the Institute of Chartered Accountants in England and Wales.
"Nimble Storage has become highly successful in a very short time, and I look forward to partnering with the executive team and guiding it through its next phase of growth," said Singh. "There's nothing more exciting than working for a rapidly growing company like Nimble Storage, which thrives on continual innovation and is a market disrupter with products that are redefining what customers should expect from their storage systems."
About Nimble Storage
Nimble Storage develops converged storage and backup solutions that offer superior performance while significantly reducing the cost and complexity of primary storage, backup and disaster recovery. The company's CASL architecture uniquely combines flash and high-capacity disk to support the most demanding primary applications and reduces backup windows and restore times from hours to seconds -- all for at least 60 percent lower cost than existing solutions. Nimble CS-Series arrays are designed for rapid, guided installation, enabling enterprises to be up and running with new capacity and dramatically higher performance in a matter of hours. Nimble Storage solutions are available through a nationwide network of IT solution providers. For more information visit www.nimblestorage.com.
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