GridGain Appoints Eoin O’Connor as Chief Financial Officer, Terry Erisman as Vice President of Marketing

FOSTER CITY, Calif. – March 16, 2016 – GridGain Systems, provider of the enterprise-grade version of the Apache® IgniteTM In-Memory Data Fabric, today announced that Eoin O’Connor has been named Chief Financial Officer responsible for the company’s financial management and growth plans, and that Terry Erisman has been named Vice President of Marketing responsible for GridGain’s global brand, marketing strategy and execution, and the company’s conference programs.

“In response to rapid adoption of our high-speed, high-scale in-memory computing architecture and converged data platform, we are expanding our executive team to ensure we stay ahead of the needs of customers and prepare for entry into new markets,” said Abe Kleinfeld, President and CEO of GridGain. “Eoin is very experienced at building and leading high-growth enterprises and has been a respected business partner to C-level executives, boards, customers and investors. Terry’s experience and track record of success in the open source database industry make him the perfect person to build our marketing infrastructure, communicate our messages effectively, and ensure we achieve our growth targets.”

Eoin O’Connor brings a diverse industry skillset to GridGain having successfully led various finance functions at large enterprises, including Oracle and Siebel Systems, as well as at early- stage startup companies. He began his career at KPMG and has spent many years in leadership roles across both finance and operations. In his most recent roles at Zuora and Space-Time Insight, he was instrumental in enabling rapid revenue growth in a very short time span. O’Connor brings added expertise when it comes to startup funding and financing. His rich experience in structuring, negotiating, documenting and closing deals led to Space-Time Insight’s raising more than $30 million in venture-backed funding. He holds a Bachelor of Science Degree in Commerce from University College Cork, Ireland, and is a Fellow of the Institute of Chartered Accountants.

“GridGain is well positioned to capitalize on what is increasingly becoming a critical need for businesses of all sizes in a range of verticals,” said GridGain CFO Eoin O’Connor. “I’m excited to join the company to build out the finance team and create a solid foundation for long-term growth.”

With over 25 years of technology marketing experience, Terry Erisman has initiated and driven high revenue growth for a multitude of award-winning companies in the SaaS, open source, and enterprise software sectors. Prior to joining GridGain, he was vice president of marketing for Citus Data, where he was responsible for worldwide marketing and established the first annual PGConf Silicon Valley Conference for the PostgreSQL community. Before Citus Data, Erisman was chief marketing officer at Percona, Inc. Erisman was also instrumental in helping Percona take over, manage, and grow the Percona Live MySQL Conference & Expo held in Silicon Valley, London, and New York. Prior to Percona, Erisman held executive management positions at DotNetNuke, Project Hosts, CaseCentral, Intevac and Atcor. Percona, DotNetNuke, and CaseCentral were all named to the Inc. 500/5000 list during his tenure. He holds a Master’s in Business Administration from the Stanford Graduate School of Business and an A.B. in Chemistry from Harvard University.

“The time for in-memory computing is now,” said Terry Erisman, Vice President of Marketing for GridGain. “It has now matured and evolved to meet the strategic and competitive needs of organizations of all sizes and across all industries including financial services, telecommunications, SaaS and healthcare. GridGain is already a recognized leader in this market and I’m excited about helping the company expand this leadership role and accelerate its growth.”

The GridGain In-Memory Data Fabric enables high-performance transactions, which run up to 1,000x faster than disk-based approaches. It also provides real-time streaming and fast analytics in a single, comprehensive data access and processing layer which requires no rip and replace of the underlying database layer. The solution powers existing or new applications in a distributed, massively parallel architecture on affordable, industry-standard hardware which can be easily scaled by adding more nodes to the compute grid.

A free 30-day trial of GridGain Enterprise Edition 7.5 is available now from the GridGain website. The second annual In-Memory Computing Summit (IMC Summit) is scheduled for May 23-24, 2016 at the Grand Hyatt San Francisco.

About GridGain

GridGain is revolutionizing real-time data access and processing by offering the enterprise- grade GridGain In-Memory Data Fabric built on Apache IgniteTM. The solution is used by global enterprises in financial, tech, retail, healthcare and other major sectors. GridGain solutions connect traditional and emerging data stores (SQL, NoSQL, and Hadoop) with cloud-scale applications and enable massive data throughput and ultra-low latencies across a scalable cluster of commodity servers. A converged data platform, GridGain solutions offer the most comprehensive, enterprise-grade in-memory computing solution for high-volume transactions, real-time analytics and hybrid data processing. The company is funded by Almaz Capital, MoneyTime Ventures and RTP Ventures. For more information, visit