Mike Gustafson

CEO

Lonergan Partners is pleased to announce that Mike Gustafson has been named Chief Executive Officer at Virident.

About Mike

Mike brings more than 23 years of experience and leadership in the storage, computer and IT industries. He was most recently with Hitachi Data Systems, where he served as senior vice president and general manager of the File and Content Business. Mike served as president and CEO of BlueArc from 2005 until the acquisition of the company by Hitachi in September 2011. At BlueArc, he led a team that built the company over seven years into a top-three market-share player in enterprise network attached storage.

About Virident

Founded in 2006, Virident helps enterprises solve the challenge of poor application performance with flash storage solutions that speed application performance, ensure predictable performance under various workloads, and are compatible with all servers. The privately held company was backed by Cisco, Intel Capital, Sequoia Capital, Globespan Capital Partners, Artiman Ventures, and Mitsui.

Placement Update

Virident was acquired by Western Digital in 2013 for $685 million in cash.