PRESS RELEASE

from Apptega

Apptega Names Cybersecurity Veteran Dave Colesante as Chief Executive Officer

Colesante Brings More Than Three Decades of Leadership Experience in Cybersecurity, Software, Technology and Operations

ATLANTA, GA / ACCESSWIRE / November 7, 2023 / Apptega, a leading SaaS platform enabling organizations of all sizes to build, manage and report their cybersecurity compliance programs, today announced that seasoned cybersecurity executive Dave Colesante has joined the company as CEO and as a board member. Colesante joins Apptega, which this year has nearly doubled the number of compliance programs running on its global platform to more than 15,000, to lead the company through its next stage of growth. Founder and former CEO Armistead Whitney will remain on the board and engage with strategic initiatives.

"I am excited and honored to be Apptega's new CEO at such a transformative time for the company," Colesante said. "There is a powerful and growing overlap between cybersecurity and compliance, and we see an opportunity to continue to inject deep security subject matter expertise into our software platform. This is a unique opportunity to continue shaping the way businesses manage their risk programs using a platform that is already trusted and respected by thousands of organizations globally."

Colesante brings more than three decades of industry experience in cybersecurity, software, technology and operations to his new role at Apptega. He was most recently the COO of Securonix, where he led the changes to build and scale a successful SaaS SIEM company that was acquired by a large software-focused private equity firm in 2022. As COO of AlertLogic, one of the industry's first SaaS-enabled managed detection and response providers, he was instrumental in scaling the company's operations prior to its acquisition by a large New York-based private equity firm in 2013. Colesante also served as CTO and COO of a leading managed service provider, VeriCenter, which merged with SunGard in 2007.

"The Apptega team has built a market-leading platform that delights businesses of all sizes, including many forward-thinking managed security service providers," said David Farsai, partner at Mainsail Partners. "We are pleased to welcome Dave to the team. His vast experience in cybersecurity, SaaS and managed service providers will be invaluable as Apptega continues to build on its momentum and capitalize on the security and compliance market opportunity."

"I can't think of a better leader for Apptega's next phase of growth than Dave," Whitney said. "He shares my love for innovative products, hyper growth, and making customers successful. Given the scale of the opportunity ahead, Dave's skills and operating experience are a perfect fit for this exciting stage of Apptega's journey. I'm thrilled to work with Dave to continue building the business."

Founded by Whitney in 2017, more than 20,000 cybersecurity compliance programs have been built and managed on the Apptega platform. From risk assessment to audit, Apptega delivers efficiency gains and deep insights across multiple cybersecurity frameworks, including SOC 2, PCI, HIPAA, GDPR, CMMC and many others. It is trusted by thousands of brands in a variety of industries, including many managed security service providers (MSSPs). The company was recently ranked #234 on the Inc. 5000's 2022 list of fastest-growing private companies and received a $37 million growth investment from Mainsail Partners in March 2022.

About Apptega

A perennial G2 leader across various risk management categories, Apptega is the end-to-end cybersecurity compliance platform that security-focused IT providers and in-house teams use to build and manage cybersecurity compliance programs simply, quickly and affordably. It's trusted by hundreds of MSSPs and security-focused MSPs, who are growing lucrative compliance practices, creating stickier customer relationships, and winning more business from competitors. To learn more, visit apptega.com.

Apptega Media Contact:

Robert Hilson
VP of Marketing
robert.hilson@apptega.com

Contact Information

Robert Hilson
VP Marketing, Apptega
robert.hilson@apptega.com

SOURCE: Apptega

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