NEWTON, Mass., March 05, 2024 (GLOBE NEWSWIRE) -- HAProxy Technologies, the company behind the world’s fastest and most widely used software load balancer, announced today that technology industry veteran Tim Bertrand has joined the company as President. Bertrand joins HAProxy Technologies' executive management team to lead the global sales, marketing, and finance organizations reporting to the company's CEO, Dujko Radovnikovic.

“Tim brings significant experience scaling rapidly growing technology companies and a tremendous passion for open source,” said Dujko Radovnikovic, CEO, HAProxy Technologies. “We are thrilled to welcome him to the team after working with him as an advisor for the last seven years. He is joining the company at a pivotal time as we expand rapidly into large enterprises and see enormous potential ahead of us. Tim will help us accelerate the execution of our vision, which will benefit the HAProxy community and the company equally,” said Radovnikovic.

Previously, Bertrand spent four and a half years at project44 as President, Global Field Operations, where he led the sales, marketing, global recruiting, account management and growth/corporate development organizations. Under his leadership, the company scaled to over $100M in revenue. Prior to that, Bertrand was Chief Revenue Officer and Chief Sales Officer at open source company Acquia for nearly ten years where he led the global sales organization and achieved forty consecutive quarters of record revenue growth and over $200M of recurring revenue. Acquia was recognized as the fastest growing private company in the United States from 2009 to 2013, as recognized by Deloitte in their annual Fast 500 report. In 2016, Bertrand was awarded Global Sales Executive of the Year by the internationally recognized Stevie Business Awards. Bertrand also has extensive experience as an investor and board member, advising a diverse portfolio of startups on building a world-class go-to-market function.

"I'm very excited to join HAProxy Technologies. The company has made incredible progress solely through the success of its customers, and has done it profitably – with no venture capital investment. HAProxy’s category leadership in the G2 Winter 2024 Grid® Reports for Load Balancing, Container Networking, DDoS Protection, and Web Application Firewall (WAF) is a bold testament to our market position and continued progress,” said Bertrand.

“In a time where many open source companies and legacy hardware companies are turning to extreme measures to grow their businesses, the team at HAProxy is heads-down, executing and growing the business very effectively,” continued Bertrand. “We’re seeing others changing licensing models, making aggressive pricing changes, and locking customers into their ecosystems in ways that make it hard for businesses to continue to invest and innovate. Open source projects are fragmenting, forking, or being increasingly commercialized. HAProxy has a unique opportunity to give customers the stability and flexibility they need, and grow our business in the process.”

Bertrand’s hiring comes on the heels of a remarkable year for HAProxy Technologies.

About HAProxy Technologies

HAProxy Technologies is the company behind HAProxy, the world’s fastest and most widely used software load balancer. Rapidly deploy HAProxy products to deliver websites and applications with the utmost performance, observability and security at any scale and in any environment. HAProxy Technologies is headquartered in Newton, MA, with multiple offices across the US and Europe. Learn more at HAProxy.com.

Media Contact:

Deb Randel, VP Marketing
HAProxy Technologies, LLC
drandel@haproxy.com
(614) 204-4643

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/101202fb-a2cc-450c-b76e-42c2a07a6d1d