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Hyperconverged Infrastructure Leader Gridstore Names Nariman Teymourian as New CEO

MOUNTAIN VIEW, CA--(Marketwired - May 05, 2016) - Gridstore™ the leader in hyper-converged all flash infrastructure today announced its board of directors has chosen industry veteran Nariman Teymourian to take the reins of Gridstore as its Chief Executive Officer (CEO) citing his outstanding track record of successfully leading companies through their dynamic periods of growth and expansion. Teymourian will hold the positions of CEO and Chairman of the Board for Gridstore.

Nariman Teymourian brings his tremendous insight and extensive career history in high technology coupled with a proven track record of success with startups to his new role as CEO of Gridstore. He commands a wealth of experience and expertise in the fields of cloud computing, enterprise software, business and strategic planning, and bringing disruptive technologies to market.

"We are very pleased to welcome Nariman Teymourian as our new CEO, as he brings not only tremendous insight and industry experience, but a track record of success with startups," said Kevin Dillon, general partner, Atlantic Bridge Capital. "His keen insights into the market's dynamics, business acumen, and his ability to fully leverage the talents of his executive teams will prove invaluable to the company. The Board and I are looking forward to working with Nariman as we lay out the plans for what we are sure will be a very exciting future for the company."

"HyperConverged Infrastructure has been a game changer for the IT industry," said Nariman Teymourian, chairman of the board and CEO, Gridstore, "and it is just the first step in a total transformation where IT will no longer just help manage business, but will actively help to grow the business with agility, speed and customer focus. We need to transform IT from a cost center to a revenue accelerator. Current HCI vendors focus have a limited view of this transformation. Gridstore will lead this transformation with both leading edge technology and a new business model."

Throughout his career Nariman has established a reputation for outstanding leadership and business acumen, most recently as senior vice president and general manager Hewlett Packard Enterprise. Prior to HPE he was CEO and Chairman at Gale Technologies guiding it to its successful acquisition by Dell. Other executive leadership positions include his role as Chairman and CEO at QuikCycle (Acquired by Gale), Founder & CEO of Caspian Consulting (Acquired by Delta Dental) Prism Health Software (Acquired by BCG) and Software Reliability (Acquired by Lockheed). Nariman has an MA and is a PhD candidate in international business from the University of Southern California.

Gridstore closed out a record year in 2015 in both revenue and customer acquisition and launched 2016 with a new round of investment. Under his stewardship the company is poised for dramatic growth and expansion, adding to sales, support, and R&D worldwide. Nariman replaces Kelly Murphy, Founder and CTO who has been acting CEO and remains a part of the executive team as CTO.

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About Gridstore

Gridstore's award winning HyperConverged Infrastructure, is delivered as an appliance that offers market leading price/performance, efficient scaling, and scale-to-fit design. The Gridstore HCI is easy and fast to deploy while reducing management time and effort. Leveraging its patented software, a Gridstore HCI delivers 75% less physical infrastructure and a 65% lower price-per-VM than traditional solutions. The Gridstore HyperConverged Appliance is an ideal platform for infrastructure refreshes and specific workloads such as VDI, SQL Server, Dev/Test, Private Cloud and ROBO.

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