Headcount has doubled and revenue has reached record levels in 2021, new senior executives will join in the first quarter.
KIRKLAND, Wash., Jan. 26, 2022 (GLOBE NEWSWIRE) — Adaptive today revealed record revenue figures for the year 2021 with a 24% increase in annual recurring revenue (ARR).
The company has now completed a two-year transformation from perpetual to term subscription licenses, achieving its coveted goal of 100% term subscriptions in the last quarter of 2021. Along with the earnings growth, the company also announced massive investments in growth. for 2022, with a doubling of the workforce. To support all of this growth, Adaptiva launched a realigned brand strategy this week centered around a completely redesigned website and appointed two new executives leaders Kristian Kalsing as Chief Product Officer (CPO) and Jeff Bergstrom as Chief Financial Officer (CFO).
“I’m very proud of the entire Adaptiva team as we revamped much of our go-to-market strategy, doubled our headcount, and continued to deliver incredible business results despite the many productivity headwinds. that persist in our communities,” Adaptiva commented. CEO, Deepak Kumar. “With a multiplied workforce, new industry leaders serving our people, and a new year ahead, I have never been more excited about the future of Adaptiva than I am today. “
Kalsing, Adaptiva’s new CPO, will join the company on February 1 and will bring cross-functional experience that will broaden Adaptiva’s product strategy and enable the company to bring even more solutions to more customers. He was most recently vice president of product marketing for Precisely, which he joined in 2021 through an acquisition of Winshuttle where Kalsing had spent the previous 11 years leading the product organization and driving the company’s strategy. company as a member of the management team. Originally from Copenhagen, Denmark, Kalsing is also an avid mountaineer and has volunteered as an alpine climbing instructor and climbing leader for the non-profit outdoor community The Mountaineers since 2014.
“Enterprise endpoint management and security needs are changing, and Adaptiva is leading the way in providing customers with a next-generation platform to meet those needs,” said Kalsing, Adaptiva’s new CPO. “I am excited to help expand the capabilities of Adaptiva’s unique product platform and bring its benefits to more customers.”
Bergstrom joins Adaptiva from Winshuttle, where he served as CFO since 2011 and oversaw financial and legal operations, which helped grow and guided the company through two successful exits. Prior to Winshuttle, Bergstrom held leadership positions at several high-growth technology companies in the United States and around the world. Jeff brings more than 25 years of financial management leadership to Adaptiva as the company continues its growth trajectory.
“I’m extremely excited to join Adaptiva at this point in the company’s evolution. Adaptiva is delivering cutting-edge technology at a crucial time as the trend towards remote working makes management and security important. endpoints a key priority for organizations,” said Jeff Bergstrom, Adaptiva’s new chief financial officer. “Strong customer base, strong financial success, and a high-caliber management team make me truly excited to join Adaptiva and contribute to its continued growth and success.”
With this multiplied workforce, additional leadership, and increased go-to-market, including an enhanced website, Adaptiva is poised for another banner year as it plans to bring its sophisticated endpoint management solutions at the market. Learn more about its serverless endpoint management solutions, which are best suited for the modern digital workplace, on the new and improved site. adaptiva.com.
Adaptiva provides serverless endpoint management that eliminates the need for extensive IT infrastructure and monitors itself by automating traditionally manual tasks. Leveraging innovative peer-to-peer protocols, the Adaptiva Edge platform is powered by excess capacity from existing devices already on the network – in the office or working remotely. This allows IT to continuously deliver software, configurations, and patches to endpoints, wherever they are. The world’s largest enterprises and government agencies rely on Adaptiva for real-time endpoint visibility and content delivery, as well as automated compliance checks, remediation and patching without ever throttling the network or the end user experience. Learn how to adaptiva.com.
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