As a mentor to ProcessBolt at the Target TechStars accelerator, I was impressed by the team, solution and the market opportunity for the company.
MINNETONKA, Minn. (PRWEB) September 12, 2019
Serial entrepreneur and business operator Mike Kelly has been named the Chief Executive Officer of vendor risk assessment software provider ProcessBolt.
“At ProcessBolt, we are building a culture of excellence and Mike brings vast experience running high caliber software-as-a-service businesses,” says ProcessBolt co-founder Gaurav Gaur. “We are excited to add someone of Mike’s background and experience to our executive team and look forward to the next stage in our company’s evolution.”
“Adding leadership and deep operational experience is an important step in our growth,” says ProcessBolt co-founder Dan Gardner. “Mike has both grown, and engineered successful exits for businesses of varied sizes and industries which is a great benefit for us, but perhaps even more important is that we have really enjoyed working together over the past year since we met during the Target TechStars 2018 program.”
Kelly is a veteran of the software and business services markets. Previously, Kelly was the Chief Officer of Strategy & Business Development for Jostens and part of the executive leadership team that led the turnaround and the successful disposition of the business. Kelly has also been CEO and President of various software and analytics business such as Forthright, Delaget, and the National Arbitration Forum among others. He was also the Executive Vice President of the Minnesota Vikings and a partner at the Minneapolis-based law firm Faegre & Benson (now Faegre Baker Daniels LLP). Mike was recognized in the past by CityBusiness in its “40 Under 40” business leaders awards series and was selected as both a “Rising Star” and a “Super Lawyer” in peer reviews published by Minnesota Law and Politics.
“As a mentor to ProcessBolt at the Target TechStars accelerator, I was impressed by the team, solution and the market opportunity for the company,” comments Kelly. “I immediately recognized that the need for our solution extends far beyond the retail market to literally every business in every industry. The number of records exposed from data breaches in healthcare alone has more than doubled over the last two years. If you are not assessing your vendors and being assessed as a vendor, you should be and will be. The market has already embraced us, as we have companies ranging in size from Fortune 100 companies to small start-ups on our platform. I look forward to growing the business by helping our enterprise and vendor clients improve the security and efficiency of their vendor risk assessment process.”
ProcessBolt automates vendor risk assessments for both enterprises and their vendors. Our hosted platform saves time, improves efficiency and reduces risk through improved workflow and collaboration. Customers include a range of small, mid-sized and enterprise companies in North America and Europe including multiple Fortune 500 clients. For more information, visit http://www.processbolt.com.