Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Sauce Labs appointed Aled Miles, a technology industry veteran with over 30 years of experience, as the company’s new Chief Executive Officer.
Miles replaces Charles Ramsey, who is stepping aside to focus on family and personal interests after nearly 5 years of successful stewardship.
Miles joins Sauce Labs at a time of unprecedented growth, with the company’s revenues growing by roughly 650% percent over the course of the past five years. Sauce Labs now counts more than 700 enterprise customers, and nearly 3 million tests are run each day across its continuous testing cloud platform, which spans thousands of browser/OS, mobile emulator, simulator and real device combinations.
“I’m excited to lead Sauce Labs at a time when digital transformation has created an unprecedented market opportunity,” said Miles. “Sauce Labs has a diverse and passionate team and a loyal customer base that has made it the established leader in the growing continuous testing market. I look forward to empowering this team to continue delivering solutions that help organizations create flawless digital experiences for their customers.”
Miles brings three decades of experience in enterprise IT, with an extensive focus on the development and implementation of SaaS delivery models. Miles was previously CEO at TeleSign, where he helped transform the company into a leading provider of platform-as-a-service-based customer identity and engagement solutions, and guided it through its successful sale to BICS, a telecommunications provider jointly owned by the Proximus Group, Swisscom and MTN.
Previous to TeleSign, Miles was a senior vice president on the executive committee for Symantec Corp., where he oversaw the largest global enterprise accounts for the company and its flagship Norton business. He was also responsible for Symantec’s IoT and SaaS strategies. He currently sits on the board of directors for the leading Australian cybersecurity company Sapien.
“Aled is the right leader to capitalize on the momentum we’ve built and propel Sauce Labs through the next phase of its growth,” said Ramsey. “I have every confidence that he will provide outstanding strategic direction, continue cultivating a diverse and empowered team of employees, and further the incredible customer-driven culture that sets Sauce Labs apart. I’m proud of everything we’ve accomplished during my tenure and I look forward to the company’s continued growth under Aled’s leadership.”
Industry News
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Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.