Riak poised to establish and lead new commercial category of enterprise-grade, fully distributed, fault tolerant, low cost data management software.
CAMBRIDGE, MA – October 19, 2010 – Riak Technologies, Inc., the distributed data storage and retrieval company, today announced Anthony S. Thornley has agreed to join Riak’s Board of Directors. Mr. Thornley served as President and Chief Operating Officer of QUALCOMM Inc. from February 2002 to July 2005. Previously he had served as Chief Financial Officer of QUALCOMM starting in 1994. He currently serves on the Board of Directors of Golf equipment manufacturer Callaway Golf Co., semiconductor technology company Cavium Networks and a development stage pharmaceutical company Transdel Pharmaceuticals as well as several private technology companies.
“By joining our Board, Tony sends the strongest message to date that Riak, our distributed data storage technology, is uniquely poised to displace traditional database technologies in the enterprise,” said Earl Galleher, Chairman and CEO of Riak Technologies.
“Enterprises, mobile providers, and early stage companies alike face the same challenge,” said Mr. Thornley. “They struggle to realize the opportunity presented by Big Data because of the ‘Big Price Tag’ of traditional database vendors like Oracle, IBM, and Microsoft. I am excited to work closely with the Riak team to create a market-leading company. They have proven customer traction and they have a strong team and growth plan. I feel I can be very helpful to the company.”
“Again Riak stands apart from the crowd,” said Mr. Galleher. “Tony brings the unique perspective of an executive who has worked with multiple companies that have successfully transformed industries. He understands why and when enterprises invest in change. His experience will translate immediately into accelerated market traction for Riak.”
Prior to joining Qualcomm, Mr. Thornley was employed at Nortel Networks for 16 years in various financial and information systems management positions, including Vice President of Finance and Corporate Controller. Mr. Thornley received his bachelor of science in Chemistry from the University of Manchester, England and is a chartered accountant.
About Riak Technologies
Riak Technologies, Inc., founded in January 2008 by a core group of software architects, engineers and executive leadership from Akamai Technologies, Inc. (Nasdaq: AKAM) is headquartered in Cambridge, Massachusetts. Riak produces Riak, a distributed data store that combines high availability, easily-scalable capacity and throughput, and ease of use. Riak’s high availability data store means that applications built using Riak remain both read and write available under almost any operational conditions and without requiring intervention. Available in both an open source and a paid commercial version, Riak provides unprecedented read- and write availability to web, mobile, and enterprise applications.