Raj Krishnan CFO Agiliance

Agiliance, a leading provider of IT governance, risk, and compliance (IT GRC) solutions, recently announced the appointment of Raj Krishnan as chief financial officer. Krishnan, a 20-year veteran of the high-technology industry, has been selected to lead corporate finance at Agiliance as it continues to execute on the significant market opportunity presented by the emerging IT GRC space.

“The success of an emerging technology company is often highly dependent on two things: its vision and its ability to execute,” said Patrick J. Conte, president and CEO of Agiliance. “Agiliance has always been strong on vision – in fact, the company was founded on our CTO’s vision of what an IT-GRC solution should look like years before there was even a category called IT-GRC. As CEO, my most important task this year has been to build a strong, seasoned team capable of managing and maintaining our rapid growth. With the addition of Raj to the team, we have filled a critical slot with the exact fiduciary skills and experience Agiliance requires. We are incredibly fortunate to have such a stellar team in place and are looking forward to a highly successful 2008.”

As chief financial officer, Krishnan will oversee financial operations and capital structure management at Agiliance as the company continues on its strong trajectory as the IT GRC market leader. Agiliance will benefit from the expertise Krishnan has gained over the course of more than 18 years of finance and business related experience at established and emerging technology companies. Before joining Agiliance, Krishnan served as the chief financial officer of the business management software company Proactive Net, where he led finance, business operations, legal, and human resources. He played a critical role in Proactive Net’s growth, helping secure four rounds of funding from blue chip venture capital firms, and he was instrumental in the company’s successful sale to BMC Software, Inc. Prior to his position at Proactive Net, Krishnan held finance-related positions at PricewaterhouseCoopers, Apple Computer, and Digital Equipment Corporation.

“I am excited to be joining an organization characterized by outstanding, innovative products; an excellent management team; and significant upside potential in the marketplace,” says Krishnan. “I believe that my background is a solid fit for the company’s present and future needs in the finance and business operations arenas. With my skill sets complementing that of the existing management, I’m looking forward to working together as a team to achieve Agiliance’s future growth and profitability goals

Agiliance offers the most comprehensive and scalable solution for managing the interdependent disciplines of IT governance, risk, and compliance. Its flagship product, Agiliance IT-GRC, enables businesses to develop a holistic view of their IT risk and compliance posture in order to make better business decisions. The Agiliance IT-GRC platform is the first solution that combines a robust common control framework with sophisticated policy management, workflow, and automation, providing internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and shortening time to compliance. Founded in 2005, Agiliance is headquartered in San Jose, California, and backed by Walden International, Intel Capital, SVIC, and Red Rock Ventures.

For more information visit www.agiliance.com.

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