SAN JOSE, Calif., Feb. 18, 2015 (GLOBE NEWSWIRE) -- LiveHive , whose comprehensive sales engagement platform provides real-time intelligence based on prospect engagement with digital content, today announced that its board of directors has appointed Suresh Balasubramanian as CEO, succeeding Ramon Nuñez. Nuñez, a co-founder of the company, will continue to serve as Chairman of the Board.
Suresh is a seasoned software industry executive with more than 20 years of operations and senior management experience, from running a global business unit in a large multinational organization to leading an early stage Silicon Valley startup. He most recently served as CEO for Armor5, a pioneer in cloud-based security software for mobile, where he took the company from a four-person team through funding, scale up, and exit over a period of three years.
"LiveHive's powerful content-sharing capabilities go far beyond email tracking giving sales teams actionable insights that empower them to solve customer problems faster," said Suresh Balasubramanian. "LiveHive helps sales professionals to better understand the prospect's interests, identify who is involved in the buying process, and optimize the sales cycle to drive more profitable revenue. I am thrilled to join LiveHive and look forward to leading this incredible team at such an exciting time in the market."
"LiveHive is very fortunate to have found Suresh to lead our company into the next stage of growth," said Ramon Nuñez. "I feel extremely confident in turning the leadership reins to Suresh. His background and proven expertise in building businesses from early stages through rapid expansion make him an ideal match for LiveHive as we build on our current success."
About Suresh Balasubramanian
Prior to being appointed as CEO at Armor5, Suresh served as GM worldwide, antipiracy and cyber enforcement, at Adobe Software. Leading sales, marketing, and engineering staff across 15 countries, Suresh successfully delivered annual revenues in excess of $150M within a span of four years. Prior to Adobe, Suresh held key positions at Everdream (acquired by Dell), Macrovision (Rovi), and Silicon Graphics. Suresh has served on the Board of Directors for both the Software & Information Industry Association (SIIA) and the Business Software Alliance (BSA) and holds an MBA from Wharton Business School in finance and strategic management.
About LiveHive
Headquartered in San Jose, California, LiveHive is the most comprehensive sales engagement platform that provides the deepest insights into a prospect's interest level based on their real-time engagement with digital sales content. LiveHive's powerful content-sharing capabilities and analytics enable sales reps to gain 'behind-the-scenes' insights for competitive advantage. By quickly identifying all stakeholders in the buying process and accurately ranking top prospects, sales teams can focus their attention on the most qualified deals.
LiveHive reveals prospect buying patterns with instant alerts that show when documents are viewed and downloaded; which pages are viewed and for how long; and profile data for recipients of shared documents. LiveHive also allows users to instantly update or terminate access to documents even after sending as attachments. For more information, visit www.livehive.com .
A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=30848
Media Contact: Jennifer Dignum, 650-814-2727, @LiveHive
