OneCloud Software Appoints Rich Krueger and Alex Pinchev to Board of Directors

Cloud computing industry veterans bring extensive software, entrepreneurial and technology startup experience

BOSTON – December 8, 2014 – OneCloud Software, a leader in the fast-growing hybrid cloud management market, today announced that Rich Krueger and Alex Pinchev have joined its board of directors. Krueger is a software entrepreneur with a proven track record of developing and commercializing new technologies. Pinchev is a global executive with a 35-plus year track record of success in the software industry and experience ranging from founding companies to being a senior executive and serving on boards of prominent publicly traded companies.

“We welcome the opportunity to leverage the knowledge and experience of these two cloud computing software industry veterans,” said Marc Crespi, CEO at OneCloud Software. “Their combined knowledge in data protection, disaster recovery and virtualization will be pivotal to our product evolution, business growth and elevating our position as a leader in hybrid cloud-based disaster recovery.”

“OneCloud Software helps companies address the issue of how to affordably manage disaster recovery by automatically creating a virtual data center in AWS, replacing the need for costly secondary data centers filled with redundant infrastructure,” said Krueger. “Its OneCloud Recovery software is an easy-to-use and efficient solution that is affordable for all enterprises.”

“OneCloud Software has established leadership right out of the gate by delivering what is truly the first automated cloud-based disaster recovery solution,” said Pinchev. “OneCloud Recovery has proven it is easier, faster and more cost-effective than other disaster recovery offerings in the market today.”

Krueger has been directly involved in developing and bringing to market software products that continue to generate over $100M per year in revenue and solve major industry problems. He was founder and CEO of DynamicOps, a venture-funded, cloud automation software company he started in 2008. DynamicOps was acquired by VMware in 2012 and its products were rebranded as vCloud Automation Center (vCAC) and continue to be a major component in VMware’s cloud management offering.

Pinchev is the CEO at Capri Ventures, which provides strategic advisory services to technology startups and works with investors to accelerate the value of their portfolio companies. He previously served as president and CEO at Acronis, a leading provider of data protection and disaster recovery software with over three million consumer and 200,000 corporate customers. Prior to Acronis, Pinchev was the president of Global Sales, Services and Field Marketing at Red Hat, where he grew revenue from $50 million to over $1 billion on nine years.

One Cloud Software recently launched the OneCloud Recovery (OCR) software for integrating existing data centers securely with Amazon Web Services (AWS). OCR bridges the gap between the data center and the large-scale public cloud by providing the automation, scalability, and efficiency necessary to use a hybrid cloud for cost-optimized disaster recovery and business continuity.

About OneCloud Software OneCloud Software simply and cost effectively unlocks the power of the public cloud as a secure enterprise data center extension. Through its patented Automated Cloud Engine™ (ACE), OneCloud quickly and simply auto-discovers a company’s primary infrastructure and sets up a cost optimized replica in the cloud. Policy management capabilities enable business driven protection guidelines for applications and data, and the resulting hybrid cloud includes the automation, scalability and efficiency necessary for applications like disaster recovery and business continuity. OneCloud Software, Simplifying the Cloud. For more information, visit http://www.onecloudsoftware.com/.

Contact: Beth Bryant
508-786-3013
bbryant@marketrecognition.com

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