Java and PHP hosting software Jelastic announced on Wednesday it has named John E. Derrick chief executive officer.
The move comes a few weeks after Jelastic named PHP scripting language creator Rasmus Lerdorf as an advisor, a role in which he will support with his technical expertise and help the company to create innovative new technology.
In this top position, Derrick will lead the company’s worldwide vision, global operations, strategic channel alliances and market expansion of the PaaS solution for private and public cloud environments.
Residing in Jelasic’s Silicon-Valley based headquarters in Palo Alto, California, Derrick joins company founder and chief technologist Ruslan Synytsky, who was recently named as CTO.
Derrick’s technology career spans more than 20 years in the IT industry. He most recently served as a top advisor for many venture capitalists, corporate venture firms, and technology companies, as well as interim CEO for Intel Capital Company in 2010.
Over the last 12 years, Derrick has worked with a number of technology giants and leaders, including Intel, where he served as general manager of the acceleration products division.
He then joined MIPS Technologies in 2008 where he served as president and general manager of the Processor Business Group before being named COO in 2009.
Prior to that, Derrick held executive positions at Chicory Systems (acquired) and Conformative Systems (acquired by Intel), which provided Java, XML, SQL and non-SQL databases, security, and other data center technologies.
Derrick started his career at IBM in the early 1990s as a server systems engineer, where he quickly advanced to the position of micro-architect leading teams on various projects. He would go on to serve at IBM for nearly a decade.
“Jelastic is already changing the game in the worldwide hosting industry. VPS and Dedicated Server businesses are being transformed to PaaS businesses,” said Ruslan Synytsky, Jelastic founder. “Our hosting partners are excited to be a part of the cloud evolution. Now they are able to offer modern, attractive and competitive cloud services. As John Derrick joins us to drive Jelastic to new markets in the enterprise marketplace, I’m sure our strong technologies and very motivated team will create major advantages for the enterprise software business in the near future.”
Jelastic has also been provided with additional early-stage funding by venture capital company Maxfield Capital, which joins Jelastic’s previous investors of Runa Capital and Almaz Capital.
The backing acquired from Maxfield Capital will let Jelastic accelerate the development of its cloud hosting technology and successful go-to-market strategy.
Jelastic says it will use the additional capital to boost both R&D and sales operations and to support its ongoing global growth. Earlier this month, ServInt began offering version 1.9.2 of its auto-scaling Jelastic cloud service, which includes many new features, advancements and visible changes.