Sarvega names new President and CEO

By siliconindia   |   Monday, 21 July 2003, 19:30 IST
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Chicago, IL: XML appliances provider Sarvega, today announced that Christopher Darby has joined the company as president and chief executive officer. The announcement comes at a time when Sarvega closed $10 million of Series B funding. The total capital Sarvega has raised is over $20 million. In addition to his new operating responsibilities, Darby also joined Sarvega’s Board of Directors. Sunil Gaitonde PhD, co-founder and former president and CEO, will assume the position of chief technology officer (CTO). Before coming to Sarvega, Darby served as chairman and CEO of @stake, an Internet security consulting company. "Sarvega has been instrumental in developing the XML appliance market and is now entering a significant growth phase. As the use of XML for critical applications such as Web services continues to grow, the demand for Sarvega’s XML appliances is increasing. I am very pleased to join the company at this dynamic time and expand its market and technology leadership position," said Darby. Chicago-based Sarvega was siliconindia Startup of the Year for 2002.