Instaclustr Names Geoff Richardson as Group Chief Financial Officer

CANBERRA, Australia, Nov. 22, 2020 (GLOBE NEWSWIRE) — Instaclustr, delivering reliability at scale via absolutely managed open supply knowledge applied sciences, as we speak introduced that Geoff Richardson has joined the worldwide firm as Group Chief Monetary Officer (CFO). Geoff will lead Instaclustr’s monetary staff and maintain further operational tasks. Instaclustr SVP Finance Evita Davies has additionally been promoted to Deputy CFO and can work carefully with Geoff.

Geoff involves Instaclustr’s government management staff bringing greater than 20 years of CFO expertise steering monetary operations at ASX200 firms. He served as CFO of SAI International, the worldwide danger administration firm working in 30 nations. He navigated the enterprise’s funds via a interval of fast development as SAI’s valuation elevated ten-fold over 10 years, in the end resulting in a $1 billion acquisition by Baring Non-public Fairness Asia. He additionally brings intensive M&A expertise to his new position, having accomplished greater than 20 home and worldwide acquisitions that contributed to SAI International’s development. Most lately, he served because the interim CFO at Macquarie Telecom Group, considered one of Australia’s main knowledge centre, cloud, and telecom firms, and earlier than that had been the Interim CEO and CFO at Ardent Leisure, the Sydney-based leisure and leisure asset group.

“We’re very excited to welcome Geoff as the most recent addition to our government management staff – notably as we anticipate additional enlargement all through 2021,” stated Peter Lilley, CEO, Instaclustr. “Geoff’s wealthy expertise and confirmed success in growth-oriented organizations make him the right match to information Instaclustr as our new Group CFO.”

Attaining 389% revenue growth over the past three years, Instaclustr is well-positioned for continued enlargement on the power of the enterprise-ready and 100% open supply data-layer options it delivers to prospects throughout industries. Instaclustr’s platform of fully-managed technologies – together with Apache Cassandra, Apache Kafka, Kafka Join, Elasticsearch, and Redis – signify essentially the most scalable, dependable, performant, and cost-efficient enterprise knowledge environments presently in use. Organizations discovering and leveraging these highly effective and absolutely managed data-layer options allow them to cut back funds and higher focus inside assets on product and enterprise development initiatives.

“Instaclustr is an thrilling firm at a very thrilling second in its story; I’m wanting ahead to being a part of the subsequent section of Instaclustr’s journey,” stated Geoff Richardson, Group CFO, Instaclustr. “On the core of Instaclustr’s world success and capability to develop is the important and market-differentiated worth this firm supplies to its buyer base. The ability of pure open supply applied sciences to repeatedly meet enterprises’ most crucial knowledge infrastructure wants will proceed to swell, and Instaclustr is able to fulfill that rising demand.”

About Instaclustr

Instaclustr delivers reliability at scale via our built-in knowledge platform of open supply applied sciences reminiscent of Apache Cassandra®, Apache Kafka®, Apache Spark™, Redis™ and Elasticsearch. We allow firms to focus inside growth and operational assets on constructing innovative customer-facing functions. Instaclustr now has greater than 70 million node hours and seven PB of information beneath administration throughout its open supply expertise suite.

For extra data, go to Instaclustr.com and observe us @Instaclustr.