Very Good Safety (VGS) Hires Gitlab Exec Paul Machle As Chief Money Officer

SAN FRANCISCO–(Enterprise WIRE)–Jan 13, 2021–

Quite Superior Protection (VGS), the fashionable typical for knowledge security, compliance, and custodianship, introduced currently the hire of Paul Machle as Main Fiscal Officer (CFO). The finance veteran joins VGS on the heels of a monumental 12 months for the enterprise as it secured $60 million in new funding and extra than doubled its client base.

VGS’ Zero Data™ approach to safety and compliance eliminates organizations’ will need to retailer sensitive information and facts inside of their have devices. The corporation serves as a custodian for any form of sensitive details (payments, PII, health and fitness information, and extra), replacing it with synthetic facts that can be used in place of the unique values. This lessens customers’ liability even though expediting compliance certifications like PCI, SOC 2, HIPAA, and GDPR.

“I’ve usually been passionate about operating with class-defining firms that offer you a special strategy to remedy lengthy-standing difficulties,” stated Paul Machle, CFO at VGS. “VGS’ compliance platform can help firms renovate what applied to be a charge centre into an possibility for major-line development. Buyers can establish their organization as a substitute of overhead. It’s exciting to turn out to be element of the staff democratizing entry to most effective-in-class information security and compliance for corporations of all measurements.”

In the course of his occupation, Machle has performed an integral purpose in strategically setting up and scaling business-foremost providers. Underneath his management at Gitlab, ARR grew from $600 thousand to around $150 million. Prior to Gitlab, Machle drove the thriving business enterprise expansion of Freeborders Inc. while also controlling the company’s mergers and acquisitions. Machle has also held senior fiscal positions with Exigen Group, Kanisa Inc., Sybase, and Ernst & Younger.

“We are delighted to deliver Paul on board,” stated Mahmoud Abdelkader, CEO and co-founder of VGS. “Paul’s strategic attitude and encounter scaling hyper-growth companies are preferably suited to the upcoming period of VGS’ expansion. I’m enthusiastic to husband or wife with Paul as we broaden our Zero Data™ mission globally.”

About Very Good Stability

Really Fantastic Stability (VGS) is on a mission to safe the world’s info. By giving important security and compliance infrastructure, VGS’ ZeroData™ system allows firms of all sizes to aim on their main company as a substitute of building compliance overhead. VGS prospects keep the value of sensitive info without the value and legal responsibility of securing it themselves when also accelerating compliances like PCI, SOC 2, HIPAA, GDPR, and far more. Established in 2016, VGS is headquartered in San Francisco, California. For extra information, pay a visit to

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Get hold of: Shelby Corradino

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Industry Key phrase: Net Protection Info Administration Engineering Computer software

Supply: Really Very good Stability

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PUB: 01/13/2021 03:30 PM/DISC: 01/13/2021 03:30 PM