Infrascale Inc. moves operations where C-suite is based
Sydney Lake //August 19, 2020//
Infrascale Inc. moves operations where C-suite is based
Sydney Lake// August 19, 2020//
Infrascale Inc., a cloud-based data protection company, announced Wednesday it has moved its headquarters from Los Angeles to Reston — where its leadership team is based.
Infrascale’s C-suite leadership, including CEO Russell P. Reeder, Chief Financial Officer Rob Peterson, Chief Operating Officer Brian Kuhn and Chief People Officer Carolyn Kress, is based in Reston and have started hiring for the company’s operational teams including finance and information technology. The entire C-suite started with the company in December 2019. In 2017, the team brought hyper-scale cloud provider OVH US to Reston.
“We set out for a year of transformation, staging for growth and scale in 2021 and beyond,” Reeder said in a statement. “I’m extremely proud of the progress we’ve made to date, particularly given the challenging global climate caused by COVID-19. The formal transition to our new headquarters in Reston represents a significant milestone in our 2020 plan.”
Infrascale, which provides cloud-based backup and disaster recovery services, is backed by Alexandria-based Route 66 Ventures LLC and San Francisco-based Carrick Capital Partners LLC. It’s most recent funding round — a $38 million Series C — closed earlier this year. This investment “stewarded the change in leadership and [supported] the company’s strategic growth plans in the rapidly expanding business continuity technology sector,” according to Infrascale.
Investors and C-suite executives credit the power of the tech industry in Northern Virginia for the move.
“Recognized as a top-two technology destination, Northern Virginia and the greater D.C. Metro area contain an impressive talent pool that will only grow with the continued expansion of technology innovation in the region,” Reeder said in a statement. “We are excited to build out the team here and across the US.”
The Virginia headquarters, starting with finance and human resources, will ultimately include professionals in administration, information technology, information security, marketing and sales.
“[Infrascale’s] continued success is reflected in ongoing growth, and the company’s move to Reston – the home region for much of the nation’s tech talent – represents a positive and exciting development in the evolution of Infrascale as they grow into a key player in the enterprise market and continue to innovate,” Ryan Katz, Route 66 Ventures founding partner said in a statement.
Infrascale’s physical Los Angeles office will be shuttered, but the customer support, sales and marketing staff will remain as remote employees in the Los Angeles region. Founded in 2011, Infrascale provides cloud-based data protection services.
Subscribe to Virginia Business.
n