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Island Data Names Craig Brennan as CEO
Brennan brings a 20-year track record of profitable growth in enterprise software companies to the leader in customer intelligence.
SAN FRANCISCO, CA -- July 21, 2008 -- Island Data Corporation, the leader in delivering real-time customer intelligence to large enterprises, announced today the appointment of veteran enterprise software industry leader Craig D. Brennan as president and CEO.
Brennan brings two decades of experience in the enterprise software arena to his new position. As the former president and CEO of Brio Software Inc., a $100+ million publicly-traded business intelligence software company, he led a company-wide transformation, returning that company to profitable growth and the best operating performance in its history. Brennan has held leadership positions at Tumbleweed Communications Corporation as president and CEO, senior vice president of the Customer Relationship Management Group at Oracle Corporation, and as partner at Deloitte Consulting, where he built and led the Siebel-CRM practice. He earned his MBA from Northwestern University’s Kellogg School of Management, and a BA degree from the University of Michigan.
"Craig Brennan is a visionary who will grow Island Data to become the leading customer intelligence SaaS software company,” said Island Data’s Chairman of the Board Jim Sanger (ABS Ventures). "Brennan’s track record of profitable growth in the most challenging and competitive sectors of the enterprise software industry,” Sanger added, “is precisely the kind of experience that will guide Island Data’s expansion and maintain it’s position in this emerging category of customer intelligence."
"Island Data is the leader in customer intelligence SaaS software. The ground-breaking Insight RT™ product enables enterprises to access, analyze, and act on customer generated content," said Brennan. "I am excited to be joining a company on the forefront of this technology, and I look forward to working with this outstanding team to accelerate Island Data’s growth and long-term profitability."
"Having personally recruited Craig Brennan to Island Data, I believe Craig has the leadership and vision to capitalize on the technology and market leading customers of Island Data," said Board member Richard Brekka (Dolphin Equity Partners). "On their current trajectory and with a compelling product road map, the growth potential of the company is clear."
About Island Data Corporation
Island Data Corporation, www.islanddata.com, delivers real-time customer intelligence to many of the world’s most innovative global enterprises. Going beyond conventional market research tools, Island Data’s software-as-a-service, Insight RT™, gleans actionable intelligence from uniquely valuable unstructured customer-generated content. Insight RT offers a strategic advantage to fast-moving customer-focused companies by capturing, categorizing, analyzing, and reporting customer feedback in a simple-to-use, on-demand interface. Customer Intelligence, Customer Loyalty, Voice of the Customer and Social Community Managers can identify, track and respond to key performance indicators and emerging customer issues. Industry leaders Microsoft, Wal-Mart, Yahoo, and eHarmony have deployed Insight RT to drive continuous improvement of their product innovation, brand reputation, and customer service business practices. Island Data is funded by top-tier venture capital firms Dolphin Equity Partners and ABS Ventures.
About Dolphin Equity Partners
Dolphin Equity Partners, L.P. specializes in investments in emerging communications and related information technology companies operating in the U.S. and abroad. Located in New York, Dolphin currently manages over $340 million in capital. Dolphin seeks to obtain significant equity positions in expansion stage companies with the potential for substantial growth in communications technologies, software and services.
About ABS Ventures
ABS Ventures, founded in 1982, is a venture firm based in Waltham, MA. The firm focuses on software, communications, business services, and healthcare device investment opportunities. For more than twenty five years, it has helped talented management teams build industry-leading companies through its contribution of financial, strategic, technical and operational resources. ABS Ventures is backed by leading global institutional investors and currently manages over $320 million in assets.
Copyright © 2008 Island Data Corporation. All rights reserved. Island Data, Insight RT and the Island Data Logo are registered trademarks of Island Data Corporation, and Island Data owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.