Cooper to Lead Connotate through Accelerated Growth Phase: Fortifying Market Leadership Position, Expanding Value Proposition, and Deeping Customer Relationships
NEW BRUNSWICK, NJ – February 29, 2012 – Connotate, the leading provider of proprietary solutions that enable organizations to monitor and extract critical data and content from the Web, today announced the appointment of Keith W. Cooper as chief executive officer, effective immediately. In this role, Cooper will lead the company’s strategic initiatives to further fortify its leadership position in the Web data extraction and monitoring industry.
“We are pleased to have attracted an executive of Keith’s caliber to lead and scale Connotate through this accelerated growth phase,” said Liam Donohue, Managing Director of .406 Ventures and Chairman of Connotate’s Board of Directors. “His impressive track record of leadership and accomplishments in enterprise technology, combined with his ability to create and manage high-performance teams, will make him instrumental in driving innovation and business value, building partnerships and helping clients achieve competitive advantage.”
“This is an exciting time to be joining Connotate,” said Cooper. “Big Data is the ‘it’ topic with Global 2,000 companies in 2012, but what many of these organizations overlook is the importance of effectively and reliably accessing and monitoring the precise data they need to be competitive. Connotate’s singular focus is to create innovative technology that delivers critical information to help generate strategic insights that drive top-line performance and bottom-line results.”
Cooper brings more than 20 years of experience as President and CEO to Connotate with a proven record of successfully leading innovative technology companies to rapid growth and exceptional value. Three of his most recent leadership roles include serving as President of Carbonite, an online backup company that grew to over 1 million customers, was ranked ninth on the Inc. 500 list, and completed a successful IPO in 2011; CEO at webHancer Corporation, a company Cooper led and successfully sold to Microsoft; and CEO of FaxNet, a leading provider of messaging solutions to large telecom companies which was acquired by Critical Path.
For organizations in which content and data are vital to success, Connotate is the Web collection company that puts the power of Web data monitoring and collection into the hands of the business user. Through an easy-to-use ‘point and click’ interface and patented algorithms, Connotate delivers the scalability, reliability and resiliency necessary to drive strategic value from dynamic Web sources. With benefits ranging from increased productivity, competitive advantages and dramatic operational cost savings, Connotate’s growing customer list includes global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. Connotate has been named a KMWorld “Trend-Setting Product” for the past six years. For more information, visit http://www.connotate.com.