Craig Dynes Brings more than 30 Years of Software Experience, 10 Years as Public Company CFO
BOSTON – March 30, 2016 – Craig Dynes, former CFO at Pegasystems Inc. (Nasdaq: PEGA) and Dealer.com, has been appointed to the Board of Directors at Continuum®, the only channel-exclusive IT management platform company. Craig brings more than 30 years of experience in the software industry. Most recently, while preparing for an Initial Public Offering (IPO) for Dealer.com, he negotiated and closed the sale of the 800+ person software as a service company to Dealertrack, the leading provider of digital solutions to the automotive retail industry, for $1 billion.
“Craig has a tremendous amount of financial experience including acquisitions, taking companies public and transforming business models,” said Michael George, CEO at Continuum. “We believe his expertise and advice will help guide Continuum on its next phase of growth, and we are delighted to have someone with his experience to assist us.”
Prior to Dealer.com, Craig was CFO at Pegasystems when the company was ranked number 16 on the Fortune 100 list of fastest growing public companies. He has held numerous financial positions for both startup and public companies, including CFO for Demandware, SilverStream Software, Powersoft/Sybase and Watcom. While at SilverStream, he completed nearly a dozen acquisitions by the company and then the acquisition of SilverStream by Novell in 2002. He also raised approximately $300 million through an IPO and follow-on offering there as well as approximately $100 million through many private financings. He has a wide range of experience in software business including acquisitions, both as acquirer and target, writing code, sales and complete strategic and business model transformations. He is also on the Board of Directors for Applause.com and CarNow, Inc.
“I am very pleased to be joining the board of such a great company,” said Craig Dynes. “I will apply my experiences to help propel Continuum forward in the managed IT services industry.”
Craig Dynes joins John R. Carroll, Managing Director at Summit Partners, James Foy, Executive Chairman at SemantX and Continuum’s CEO, Michael George on Continuum’s Board of Directors. For more information on the leadership team at Continuum, visit: http://www.continuum.net/company/meet-our-team.
About Continuum
Continuum is the only channel-exclusive IT management platform company that allows its Managed Services Provider (MSP) partners to maintain both on premise and cloud-based servers, desktops, mobile devices and other endpoints for their small-and-medium-sized business clients. Continuum’s SaaS platform enables MSPs to efficiently backup, monitor, troubleshoot and maintain clients’ IT infrastructure from a single pane of glass, all backed by an industry–leading Network Operations Center (NOC) and Help Desk. The company employs 1,200 professionals worldwide, monitors 1 million endpoints for its 5,800 partners including MSPs servicing more than 50,000 SMB customers and Web hosting provider partners supported by its R1Soft server backup product line. Continuum established the Continuum Veterans Foundation, a nonprofit organization providing financial support to charities focused on helping veterans find jobs in IT. For more information, visit http://www.continuum.net/ or follow on LinkedIn and Twitter @FollowContinuum.
