NetContinuum names Varun Nagaraj CEO

By agencies   |   Thursday, 20 October 2005, 07:00 Hrs
Printer Print Email Email
SANTA CLARA: Enterprise software company NetContinuum Inc. said that it has named Varun Nagaraj as its chief executive.

Nagaraj comes to NetContinuum from Extreme Networks Inc., where he served as vice president of product management. Previously, he worked at Ellacoya Networks Inc. as vice president of solutions and services and at management consultancy Pittiglio Rabin Todd & McGrath as a partner.

In his new position, Nagaraj replaces former CEO Gene Bannam, who has left the company and whose current job title is not clear.

Nagaraj's appointment comes on the heels of a $15 million inside round led by Menlo Ventures and joined by Palomar Ventures, Invus Group, Entrepia Ventures, Adams Street Capital, and Palomar Ventures. That round, a recap, follows $64 million previously raised by the company.

Based in Santa Clara, Calif., NetContinuum has about 70 employees. The company also has an office in Bangalore, India.

Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..
IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..