Izenda Names Ken Walters as Chairman

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Former Infor executive joins Izenda Board of Directors to guide overall strategy and growth

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Ken has already proven immensely valuable in setting strategic guidance and corporate directives, such as revenue model and pricing, key hires, and marketing.

Izenda, Inc., (http://www.izenda.com) a leading business intelligence (BI) platform for enterprise cloud applications, today announced that Ken Walters has joined the company’s Board of Directors as Non-Executive Chairman. He will focus on guiding management and oversee the overall company strategy to ensure full support and execution of Izenda’s aggressive growth plans.

”Ken has already proven immensely valuable in setting strategic guidance and corporate directives, such as revenue model and pricing, key hires, and marketing,” said Sanjay Bhatia, CEO, Izenda. “Ken will enhance our boardroom discussions and is already helping us navigate our most important strategic initiatives such as hiring key executives to our leadership team.”

Walters is a former executive at Infor, one of the largest privately held software companies and a leader in enterprise software and services. He served as President and COO from 2002 to 2006. During this time, Infor executed more than 25 acquisitions and grew from $40 million to over $800 million in revenue. He then led an initiative as CEO and President of Extensity, building a $500 million financial performance management software company through two key acquisitions that merged with Infor in 2007.

From 2007 to 2010, Walters served as President of the Financial Solutions Group at Infor. During this time, the company grew from $800 million to $2.1 billion in revenue with offices in more than 100 countries, over 8,000 employees, and more than 70,000 customers. In addition to Infor, Walters previously served as Chief Operating Officer at Internet Security Systems, Inc. and as a Managing Partner at Coopers & Lybrand.

“I am pleased to join the Board of Directors at Izenda and oversee our growth,” said Walters. “The analytics, reporting, and visualization market is growing at an unprecedented rate and is looking for solutions that are easy to implement, provide seamless access to data and allow technical and non-technical users to achieve immediate productivity. Izenda’s unique technology and innovative products fulfill this need. Couple this with a strong passion for customer success, and you have a combination that will be Izenda’s foundation for success.”

Izenda provides integrated ad-hoc reporting and dashboards to thousands of private and public sector organizations including Microsoft, Oracle, The Centers for Disease Control (CDC), and the U.S. Navy. Izenda recently announced a $3 million growth equity investment round led by Ethos Capital Partners and Hawthorne Capital.

About Izenda, Inc.
Thousands of applications count on Izenda’s agile business intelligence tools to help people make better decisions every day. We believe in the power of utilizing metadata to create technology that takes hours or days rather than months or years to deploy. Our SaaS-based solution, available for Web or native applications, allows users to analyze data in real-time through custom dashboards and reporting tools with interactive visualizations. At Izenda, we define software as the experiences we create for our customers and not just the features in our products. For more information, visit http://www.izenda.com.

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Amelia Kirkner
Izenda
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