John Pearce CFO, Actifio

Actifio, Inc. announced
that John Pearce, a technology industry executive with more than 30 years of
financial and operations leadership experience, has joined as CFO.

  Pearce will work closely
with the rest of Actifio’s Leadership team to drive financial and internal
operations as the company extends its leadership position in the emerging, $21
billion PAS market.

Pearce most recently served as the president and CEO of Demandware, in
on-demand ecommerce. Prior to
Demandware, Pearce served as CFO at AppIQ,
where he was on the executive team that created a market leader in SRM software, and was acquired by HP in 2005. He
also co-founded SilverStream Software and served as its CFO, vice president of
international operations, and senior vice president of worldwide sales. Previously,
as the CFO and vice president of international business at Watermark Software, Pearce grew the business through its
acquisition by FileNet Corporation in 1995. Earlier in his career, Pearce held
various operational and finance leadership positions.

"It is my
privilege to be working with John again. He has had an impeccable track record
of market successes during his distinguished career. His decades of experience
fine-tuning operations and financial models will be invaluable to Actifio, as
we rapidly scale the company to deliver solutions globally," said Ash
Ashutosh, founder and CEO of Actifio.

Actifio has pioneered a storage system optimized for managing copies of production
data, eliminating redundant silos of IT infrastructure and data management
applications. By introducing virtualization into data management, Actifio
delivers an application-centric, SLA-driven solution that decouples the
management of data from storage, network and server infrastructure and reduces
costs by 10X. Actifio offers data management solution for
the virtual server environment and its solutions are being deployed in VMware
environments.

 "I consider myself extremely fortunate to
join a company with unlimited potential and such immediate and impressive
traction across a growing number of customers and partners," said
Pearce.  "Actifio is delivering solutions based on sustained innovative
technologies to solve a business critical problem – reducing the billions of
dollars wasted on managing redundant copies of data – and the leadership team
assembled to manage the organization is truly second to none.  Many of us worked with Ash back at AppIQ, and
the chance to reunite and put our combined decades of unique experiences to
work made this simply too good of an opportunity to pass up."