Basho Adds New CEO, Funding
Basho Technologies, a Cambridge, MA-based provider of data storage and management software for enterprise customers, announced today that it has hired a new CEO and sewed up some new funding.
The new chief executive, Donald Rippert, formerly chief technology officer of consulting and technology services firm Accenture, will start on July 1 at Basho, which provides an open source database technology called Riak for Web and cloud-based applications. Rippert replaces former CEO Earl Galleher, who will remain as chairman of the board.
“Don will build upon Basho’s growing customer base, which includes, among others, a number of major companies in the healthcare, cable, telecommunications and software industries,” said Galleher in the announcement of the deal.
Basho said it has completed a $7.5 million Series D financing, having announced the first $3.5 million of the funding round in February. The money came from private equity firm Georgetown Partners, and Trifork AS, a Danish systems integrator that is the European distributor of Riak.