Socialtext Hires SaaS Veteran Brian Bailard as Vice President of Sales

June 24, 2010, Palo Alto, California

Socialtext today announced the addition of Brian Bailard as the company's new Vice President of Sales. Bailard brings more than 20 years of experience in sales leadership and executive management at firms focused on cloud computing, software as a service (SaaS) and online marketing. Bailard will lead Socialtext's global sales team responsible for all of Socialtext's products and offerings. He will report directly to Eugene Lee, Socialtext's CEO.

"As the leading cloud and SaaS-based provider of enterprise social software, Socialtext firmly believes in a business model that aligns our success with that of our customers," says Eugene Lee, Socialtext's CEO. "Brian is a great fit for Socialtext's leadership and sales team because he passionately shares that philosophy, which we believe will benefit both our current and future customers."

Prior to Socialtext, Bailard served as senior vice president of global sales at Lyris, a leading SaaS-based online marketing software firm. During his tenure at Lyris, Bailard closed the largest deal in company history, enjoyed several record-setting months in booked revenue, expanded the international business, and grew the core Lyris HQ product business significantly despite the recession. Before Lyris, Bailard held senior leadership positions at several SaaS growth companies, both private and public: BDNA Corporation, ThomsonReuters, Advent Software and Quovera where his sales teams generated $20-80 million in annual revenue.

"Enterprise social software will be as transformative to corporate productivity and communication as email and mobile phones were a generation before," Bailard says. "Socialtext, with its leading SaaS and cloud-based solution and passion for customer success, helps companies realize that vision. I'm looking forward to leading a team that remains focused on selling enterprise social solutions that generate tangible business value for every customer we serve."

About Socialtext

Socialtext addresses the critical issues organizations face as their people and teams struggle for better ways to share knowledge, ideas and expertise. With Socialtext's enterprise social software platform, people and teams are synchronized, highly engaged and able to move fast. The Socialtext collaboration platform employs a broad set of social software technologies including microblogging, social networking, filtered activity streams, widget-based dashboards, blogs and wikis. Socialtext offers both the convenience of SaaS and the security of an on-site appliance, for the fastest time to value. More than 6,500 businesses world-wide have accelerated their business performance with Socialtext, including Oxford University Press, Meredith Corporation, OSIsoft, Symantec, The Washington Post, and Epitaph Records. Learn more about Socialtext at www.socialtext.com.

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As the Enterprise 2.0 leader, Socialtext applies Web 2.0 technologies such as enterprise microblogging, enterprise social networking and wikis to the critical challenges facing businesses. Socialtext's enterprise collaboration platform allows employees to share expertise, speed workflows and get their jobs done faster. Read our latest news highlights, press releases, coverage & awards, and recent and upcoming events.