Deep Nines Rises to Surface with Channel Chief, Funding

The new channel chief, Lorraine Arriaga-Jobe, will assume the role of vice president of marketing.

Arriaga-Jobe most recently worked at Network Associates and BMC Software, where she held the position of global director of product management and marketing in the Magic Solutions division. BMC purchased Magic from Network Associates last year for $47 million in cash.

Arriaga-Jobe said she plans to work closely with solution providers to optimize sales opportunities for the company's patent-pending Sleuth9 automated intrusion-prevention system.

"I plan to get in the trenches and work hands-on with the customer delivery teams to create value," said Arriaga-Jobe. "I look forward to delivering effective channel marketing programs that will produce revenue results."

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Arriaga-Jobe certainly will have money to accomplish her goals. DeepNines also this week announced a $16 million venture capital investment, led by venture capital firms Dawntreader Funds, Insight Venture Partners and EFO Holdings.

Dan Jackson, president and COO of Dallas-based DeepNines, said the cash influx would allow the company to expand operations, grow vertical markets and improve technology across the board.

"Securing this round of funding will allow us to move forward with our aggressive growth plans and extend our leadership position in the secure intrusion-prevention market," he said. "DeepNines truly has a disruptive technology and the infusion of capital, combined with the experience of our partners, will undoubtedly take the company to the next level."

As part of the funding arrangement, DeepNines added two members to its board of directors. Incoming members are Scott Maxwell, managing director at Insight Venture Partners, and Edward Sim, managing director at Dawntreader Funds.