Tim Eades
CEO
vArmour

(5.0)
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  1. Extensive CEO & Leadership Experience: With over 20 years of leadership experience in sales, marketing and executive management at the CEO level, Tim Eades has deep expertise in driving high growth for computing, security and enterprise software (SaaS) companies. He has been the CEO of several companies, including his current position at vArmour, Silver Tail Systems (SaaS security company acquired by RSA) and Everyone.net (SMB focused SaaS company acquired by ProofPoint), and also held sales and marketing executive leadership positions at BEA Systems, Sana Security, Phoenix Technologies and IBM. CEO with track record of Company Growth, Fundraising and Exits: Tim, CEO of vArmour since 2013, successfully led vArmour to its next chapter in 2019 by raising a $44M Series E funding round led by AllegisCyber and NightDragon Security and securing strategic partnerships and integrated offerings with transforming vendors like Microsoft, AWS, VMware, Cisco, Citrix and Symantec. Tim most recently successfully raised $58M in February 2021 in vArmour’s latest round of funding to accelerate company growth in an oversubscribed round led by AllegisCyber Capital and NightDragon, with support from existing investors Standard Chartered Ventures, Highland Capital Partners, Telstra, Redline Capital and EDBI. vArmour has seen strong momentum, doubling net new annual recurring revenue year over year, with a trajectory to exceed that in the next fiscal year. Today, hundreds of companies worldwide rely on vArmour to enable their cloud deployments, given the dynamic, multi-cloud nature of today’s computing environments. Prior to becoming CEO at vArmour, Tim was the CEO at a SaaS security company, Silver Tail Systems from March 2010 until the company was acquired by RSA, the security division of EMC in 2013. Tim joined this Series A venture-funded company as employee number six. Silver Tail had no customers or revenue in March 2010 after 1 year, and were not only cash flow positive but had paying customers with marquee accounts in key verticals – Financial Services, Government and eCommerce. Heralded as a visionary in the industry by Gartner – Silver Tail entered the Magic Quadrant that year for the first time and was considered “the most visionary” of vendors that they reviewed. In 2011, Silver Tail and Tim raised approximately $20M in Series B funding from Andreessen Horowitz and continued to build out a world class management team to take the company to the next level. In 2012, Silver Tail entered the Magic Quadrant as a leader and most visionary and announced major relationships with companies like MasterCard. The company was cash flow positive in 1H 2012, reached 100 people and dominated in the session intelligence market. In October 2012 it was announced that RSA, the security division of EMC had agreed to acquire Silver Tail Systems. This merger further accelerated the fantastic adoption of Silver Tail in the marketplace and drives a more secure internet. Prior to leading Silver Tail Systems, Tim was CEO of Everyone.net, an SMB focused SaaS company that was acquired by Proofpoint. Everyone.net was a leading email hosting company and the trusted small business email and service provider choice for complete Software-as-a-Service (SaaS) messaging solutions. It was a smart messaging choice that delivered 99.9% reliability and availability, 365 days a year, backed by 24/7 technical support and hosted over 200,000 websites and businesses. Board Leadership Positions: Tim has been on the Board of Directors of Enveil, Kii, Signifyd, White Sky, and Brightpoint Security in the past decade. Tim has been the Board Director of ENVEIL since 2013, a technology that is the first scalable commercial solution to cryptographically secure Data in Use. Powered by homomorphic encryption, ENVEIL enables enterprises to operate on both encrypted and unencrypted data in the cloud, on prem or anywhere in between, without ever revealing the content or results of operations, such as searches and analytics. ENVEIL’s solution is applicable across large market verticals, including cloud security, financial services, healthcare and supply chain. Tim has also been a Board Observer at Kii, Inc since 2014. Kii, with offices in the Japan (HQ) Silicon Valley, Shanghai, Beijing, Hong Kong, and Valencia, provides an end-to-end mobile application and IoT platform which empowers device manufacturers and mobile application developers with the capabilities to deliver full-fledged scalable IoT solutions. Tim was the Board Director and Investor from 2013-2019 at Signifyd, the world’s largest provider of Guaranteed Fraud Protection. Signifyd solves the challenges that growing e-commerce businesses persistently face: billions of dollars lost in chargebacks, customer dissatisfaction from mistaken declines, and operational costs due to tedious, manual transaction investigation. Signifyd is in use by multiple companies on the Fortune 1000 and Internet Retailer Top 500 list. Tim was the Board Director of White Sky, acquired by Intersections, from 2009-2015. White Sky Connect™ gives consumers a real-time online protection service that provides one-click secure access to all their online accounts, secure credit card storage and protection against keyloggers. Tim was the Board Director of BrightPoint Security, acquired by Service Now, from 2012-2015. Brightpoint federates security solutions, the clouds where they operate and the data they generate. Brightpoint enables enterprises to unify, correlate and provide context to security information leveraging virtualization to manage security solutions in and across public, private and hybrid clouds. Executive Chairman: Tim is the Executive Chairman of Okera, a data solution platform that tackles the hardest issues behind data access and governance across hybrid and multi-cloud environments—giving the user the ability to explore their data’s potential like never before. Founder of Not-for-Profit: Tim founded the Cyber Mentor Fund (CMF) in 2018. The mission of CMF is to build the bridge between up-and-coming entrepreneurs and the enterprises that they serve by working within an ecosystem of the best. They leverage a focused community-centered approach, working with the most impactful CISOs, leading technologists, seasoned entrepreneurs and successful executives. By supporting these entrepreneurs and their emerging novel technologies, CMF is pushing the limits of cybersecurity solutions to create a more secure world. Volunteering: Tim has volunteered on the Board Director for Cake4Kids since 2012, a not-for-profit organization that is dedicated to enriching the lives of children at risk, in need or in foster care by ensuring they feel special on their birthday. Tim also mentors Lehigh University students and supports their growth with internships at vArmour. Advanced Education: Tim holds advanced degrees in business, international marketing and financial analysis, primarily from Solent University in England.

    Staff, submitted on

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