Tim McKinnon — the man who steered Ektron through its merger with EPiServer before leaving the company himself — started a new job this week. And he said he couldn't be more excited about the opportunity to take the helm of a small but growing company.
The former Ektron president is now president and CEO of Sonian, a Dedham, Mass-based provider of cloud-based archiving. Founded in 2007, the company helps businesses preserve, retrieve and "bring meaning to their vast expanse of data," McKinnon claims.
"It's a perfect fit," McKinnon told CMSWire today. "It matches what I like to do with what the company needs."
Turning the Page
The new position turns the page on what devolved into a contentious period at Nashua, N.H.-based Ektron in the weeks before its January merger with EPiServer. During those final weeks, McKinnon told CMSWire he was the guy who ran the day-to-day operations at the web content management firm — even before the late December departure of Ektron CEO and co-founder Bill Rogers.
McKinnon steadfastly denied rumors about the sale of Ektron to Accel-KKR, a private equity firm. He further denied reports that the the new owners were merging Ektron with EPiServer, even as the deal was in progress.
McKinnon was hired as CTO at Ektron in early 2012. He was promoted to president four months later.
Since leaving Ektron earlier this year, McKinnon said he has paid little attention to the company. "It's doing good, I think. But I haven't stayed in touch," he said.
McKinnon replaces Sonian Board Member Daniel Demmer, who was appointed as Interim CEO last October. Demmer succeeded Jeff Dickerson, who resigned as CEO and Chairman after four years with the company.
As interim CEO, Demmer was tasked with searching for a new CEO and working with Sonian’s executive team to facilitate a leadership transition while overseeing the company’s operations. But Demmer also "moved the company forward," McKinnon said. "He made steady progress during his tenure."
McKinnon and Demmer likely crossed paths at Endeca Technologies, which was acquired by Oracle in late 2011.
Demmer was President and Chief Financial Officer at the venture-backed, information analytics software company from 2005 to 2011. McKinnon was CTO of the eBusiness division at Endeca in 2011.
Demmer will remain a Sonian Board member representing one of the company's investors, OpenView Partners.
Sonian specializes in cloud-based document archiving. It claims more than 19,000 customers in 40 countries use its proprietary Software-as-a-Service (SaaS) platform and cloud search engine to retain and retrieve data and protect intellectual property.
The company boasts that it manages more than 20 billion objects in the cloud, and that 17 million new documents are uploaded daily to Sonian’s email archive, which is integrated with the world’s five largest public clouds.
It's key competitors include Microsoft Office 365's archiving tool, McKinnon said.
McKinnon said the company, now on the cusp of profitability, has strong growth potential. He expects to increase employment from 60 to 80 this year, and said a new product launch is already in the works for this summer.
"We're moving from a reactive stance to a proactive stance with products that will monitor and proactively alert our customers if something is happening with their data," he said.
He said he plans to leverage his experience as a CTO "to ensure our products continue to solve customer pain points and create real business value."