Vera announced that Carlos Delatorre has been appointed as CEO. Delatorre most recently served as Chief Revenue Officer at MongoDB, where he led the company to achieve 4X growth in less than 4 years, enabling MongoDB to be the first database company to IPO in over two decades.
Ajay Arora, Vera’s co-founder and founding CEO, will transition to serve as Chief Strategy Officer to help Delatorre scale the business, drive corporate strategy and continue to serve on the company’s Board of Directors.
Additionally, today Vera announced a capital investment by BMW i Ventures led by the firm’s partner, Zach Barasz.
“Carlos brings top notch go-to-market knowledge along with strong operational expertise, and I am thrilled to welcome him to the team,” said Arora.
“When it comes to finding your successor, I wanted the transition to be smooth, transparent and exciting for employees and customers. Carlos checked all the right boxes. He understands the compelling value Vera brings to the market, given the current and growing focus on data protection and privacy. I’m confident Vera will continue to innovate to allow organizations to collaborate freely and share information securely.”
“From documents to CAD files, photos to emails, data moves more freely than ever, and Vera’s leading technology allows people and organizations to share all kinds of information, safely,” said Zach Barasz, Partner at BMW i Ventures.
“We believe that Vera is at an important inflection point in its growth curve and with the addition of Carlos, we’re excited to join the journey.”
Prior to his role at MongoDB, Delatorre served several leadership roles including SVP of Sales at DynamicOps, where his team delivered 300% growth, culminating in an acquisition by VMware, in 2013 and BladeLogic, which enjoyed an IPO and was later acquired by BMC.
Delatorre also held leadership roles at ClearSlide, IMlogic, Oblix and Parametric Technology Corporation.
“I’m excited to join Vera at this pivotal point in the company’s evolution,” said Delatorre.
“In a very short period of time, it’s become evident that Vera’s focus on privacy and protecting sensitive data resonates loudly in the marketplace. The company enjoys significant, patented product advantage and has assembled a fantastic team. I’m confident that the ingredients are in place to rapidly expand our customer base and grow the business. The future is bright for Vera!”
Over the past year, Vera has been focused on scaling its data-centric security platform and enhancing users’ ability to access secure files across devices, operations systems and repositories by providing its customers with an agentless experience.
The newly introduced browser-based editing capabilities follow the release of Vera for Mail in November 2017, which introduced the data security platform that protects both email and enterprise content with dynamic encryption and granular control.
An evolution of its Vera for Files offering, Vera for Mail spurred business performance as the company closed the year by announcing GE as Vera’s largest customer win to date.