David Rode to help company meet growing demand for cloud services and drive growth strategy

KING OF PRUSSIA, PA – November 20, 2014 — / — Xtium, Inc., a leading managed cloud hosting, online backup and virtual disaster recovery services company, announced today that David Rode has been named Chief Executive Officer and Chairman of the Board. A seasoned technology executive with a proven track record in field operations, sales, marketing and partner alliances, Rode will lead Xtium’s growth strategy.

“It is a top priority for many mid-market companies to move their critical IT infrastructure to the cloud,” said Scott Maxwell, Managing Partner at OpenView Venture Partners, Xtium’s investor. “By bringing on a new CEO with tremendous operational experience, we are making the right move to ensure we scale to win in this business. David’s expertise leading highly successful global sales and marketing efforts at international software companies will prove integral to Xtium’s mission in capitalizing on the cloud services market opportunity.”

Prior to joining Xtium, Rode was Senior Vice President of Sales for 1E, a London-based software company, where he grew revenues over 30 percent during his tenure. Before 1E, Rode served as Executive Vice President of Global Operations for Revitas, a leading revenue management software provider. Under his leadership, Revitas turned around and achieved 40 percent compound annual growth.

“I am absolutely committed to providing world-class service to Xtium’s existing clients as well as executing a growth plan that fuses high value managed services with the latest cloud technologies,” said Rode. “Xtium is poised to be a significant player in the Cloud 2.0 space.”

Rode’s leadership experience also includes Stockholm-based Intentia where, as the Chicago-based president, he drove the company’s expansion in the U.S., Canadian and Latin American markets. He managed the merger of field operations when Lawson and Intentia merged in 2006. In addition, he has deep experience in the business intelligence and enterprise integration markets, having spent five years running the international division of Information Builders, Inc. (IBI), a $300 million software company based in New York.

At Xtium, Rode plans to transform how medium-sized companies leverage the cloud by helping them to first optimize their overall IT estate.

“Most companies struggle to lower the cost of running IT, and ensuring that they are not overspending on infrastructure has become an overwhelming burden,” said Rode. “The typical cloud services model has been to migrate a client’s entire infrastructure to the vendor’s cloud. While that is economically beneficial to the vendor, it is not in the best long-term interests of the client. Xtium will become a leader in helping medium-sized companies rationalize, consolidate and optimize their IT infrastructure before we connect our cloud to their company. Once we have accomplished this, then Xtium will provide the most reliable approach for the on-going management of on-site and hosted IT services.”

About Xtium
Xtium is a leading enterprise software and solutions company innovating managed cloud hosting, online backup and virtual disaster recovery services. We offer companies the most secure virtual private cloud experience, with flexible architecture, allowing customers to remain in control. We are the only enterprise service company certified to deliver, SAP®, VMware® and Riverbed® technologies.

To learn more, please visit


Jen Wozniak

Source: Xtium


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