Former Data Domain CEO Takes Over at

By Chris Preimesberger  |  Posted 2011-04-27

Frank Slootman, who as CEO took Data Domain public in 2007 and then enjoyed a bidding war between EMC and NetApp over the company in 2009, has moved on to new challenges.

Slootman on April 26 was appointed the new CEO at San Diego, Calif.-based cloud software provider, whose founder, Fred Luddy, invented SAAS (software as a service) process automation for IT management several years ago.

After Data Domain was acquired by EMC, Slootman stayed on for 18 months as a division executive and then became a venture partner at Silicon Valley VC firm Greylock Partners before accepting this new position.

"I wasn't really looking, but I became intrigued by the opportunity and the power of the business model," Slootman told The Station.

"As I talked more and more with Fred, the story here really started to light my fires. This is a global company already that has taken off like a rocket. What is amazing is that Fred was able to bootstrap the company with just a marginal amount of venture capital."

Slootman's 25-year background at Borland, Data Domain, EMC and in the venture world should serve well, because the IT shops of those companies and all their customers may be looking at what his new company offers.

The Station wishes Slootman, a true class act, good luck in the new venture, and we'll be keeping a close eye on how the company performs.

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