CAMBRIDGE, MA, May 27, 2008 - Basho Technologies, Inc., a firm that provides an analytics-driven approach to sales, announced today that Earl P. Galleher has been named Basho's chief executive officer. Mr. Galleher, who co-founded Basho Technologies and has been its chairman since its launch in December, 2007, will lead the company's global expansion, spearhead the commercial launch of Basho Sell™, Basho's sales analytics software platform, and drive the continued growth of Basho's core business.
"Earl brings experience, leadership and vision to our company as we launch a market defining Software-as-a-Service," said M. Jeffrey Hoffman, founder and chief Basho at Basho Technologies. "We have seen the market potential for our software through the success of our professional service offerings and the results that our clients have achieved. Earl is the perfect person to scale Basho to meet that opportunity with our technology."
Before joining Basho, Mr. Galleher served as executive vice president at Akamai Technologies, Inc. (NASDAQ: AKAM) in addition to being a Series A investor. He began as a consultant to Akamai in 1998, prior to revenue service, and soon joined the firm full-time as head of all sales, marketing, service delivery and international expansion. Mr. Galleher played a vital role in establishing Akamai as the global leader in Content Delivery Network services.
Mr. Galleher's record of success in developing valuable Internet companies began in 1996 when he created and was president of the Web Site Management Services Division of Digex, Inc. He led Digex, now part of Verizon Communications (NYSE: VZ) to become the world's largest provider of dedicated Web Site Management Services for Fortune 2000 corporations, jointly led a successful IPO raising $48 million, and participated in selling the company for $178 million in June 1998. In addition to his role at Basho, Mr. Galleher is currently chairman of the board of KIPP DC, the fastest growing and highest performing Charter School system in Washington DC, providing high quality education to the most underserved population in the District of Columbia.
"Jeff Hoffman and his team have built Basho into the best sales training organization in the business. Now, Basho Technologies provides a mechanism to deliver Basho's objective, analytics-driven framework to the global marketplace through software," said Mr. Galleher. "I am thrilled and honored to join Jeff and the exceptionally talented Basho team of sales professionals, scientists, engineers and software architects full-time."
In his new role as chief Basho, Mr. Hoffman will be the primary architect of analytical sales content for Basho Sell and Basho Professional Services. He will now focus solely on the delivery of products and services to our worldwide clients and the introduction of our software platform to the market. Jeff will serve as the head of the Basho University Curriculum Programs and the Basho Community, Basho's large and expanding online space where sales and marketing professionals worldwide interact to learn and develop professional skills based on Basho content.
Over the past 6 months, Basho Technologies has recruited an exceptional team of highly experienced Internet scientists, software developers and business professionals. In addition to Mr. Galleher, recent executive appointments include Tony Falco, former vice president of service delivery and product management at Akamai Technologies, as chief operating officer (Mr. Falco is also a co-founder of Basho Technologies); Justin Sheehy, formerly principal scientist at MITRE Corporation, as chief technology officer; Boyd Peterson, former senior vice president of research at Yankee Group, as senior vice president of marketing; Chris Kelley, former vice president of sales at Forrester Research, as senior vice president of sales and distribution; and Jonathan Herzog, former professor of computer science at Naval Postgraduate School, with a PhD in computer science from MIT, as senior mathematician.
About Basho Technologies, Inc.
Basho Technologies, Inc., headquartered in Cambridge, MA, delivers an analytical selling platform that revolutionizes how corporations around the globe sell their products and services. Through software and professional services, Basho Technologies transforms sales into a science, replacing subjective opinion with fact. Basho's offerings enable sales professionals and sales management to generate more deal activity, assess deals efficiently within an objective framework, and close more business rapidly. Basho's services have been deployed at more than 200 enterprises worldwide. Basho is the sole sales education provider to MIT Sloan's Global Sales Development Series.
For more information on Basho Technologies go to http://www.basho.com/ or contact Renay Picard, vice president of marketing, at (617) 714.1789 or renay@basho.com.
Press Contact for Basho Technologies:
Renay Picard
renay@basho.com
Tel: 617.714.1731
