TLDR:
Phosphorus Cybersecurity Inc., a Nashville-based Internet of Things company, has appointed Mike Sullivan as president of worldwide field operations. This announcement follows a recent $27 million funding round extension.
Article Summary:
Phosphorus Cybersecurity Inc., based in Nashville, has appointed Mike Sullivan as the new president of worldwide field operations. Sullivan is a veteran of the technology industry, with over 20 years of experience in leading sales and growth efforts at cybersecurity and IoT companies. This appointment comes after the company recently received a $27 million funding round extension, led by Evolution Equity Partners, to drive further growth and development.
Prior to joining Phosphorus, Sullivan served as the chief revenue officer of Talon Cyber Security, which was later acquired by Palo Alto Networks. He has also held leadership positions at Tanium and Crowdstrike. Chris Rouland, CEO and founder of Phosphorus, expressed confidence in Sullivan’s abilities, noting his track record with leading go-to-market and field operations at top cybersecurity companies.
Phosphorus has previously raised $38 million in its initial Series A funding round, $18 million more than originally sought, to further develop their software platform. SY Ventures and MassMutual Ventures led the funding round at that time. Sullivan’s appointment is seen as crucial in expanding the platform and services, growing the customer base, and building new strategic partnerships, as global demand increases for proactive IoT and operational technology cyber-physical security protection.