Connotate appoints Rich Kennelly as CEO

– USA, NJ – Connotate, the leading provider of enterprise-grade Web data harvesting platforms and services, today announced the appointment of Richard J. Kennelly as chief executive officer.

Mr. Kennelly has over 20 years of high tech experience with a proven track record in growing businesses that deliver and leverage data via the Internet.   Most recently, as President of Ipswitch’s File Transfer Division, he led the efforts to accelerate revenue growth and re-establish market leadership.  Prior to Ipswitch, he spent 9 years in senior leadership positions with Akamai Technologies and helped grow the business to over $1B in revenue.

“This is the perfect time to join Connotate,” said Kennelly. “The Web is the largest data source ever created.  The biggest brands are moving quickly to leverage that data to drive competitive advantage and create new revenue streams. Connotate’s patented technology, scalability, and deep technical expertise make us the natural choice for these forward thinking companies.”

Connotate provides Web data harvesting platforms and managed services for many of the world’s leading companies, including major information services providers like Thomson Reuters, McGraw-Hill, and Associated Press.  Every day, global companies rely on Connotate to obtain millions of prices, alert them to competitive activity, monitor customer reviews and sentiment, harvest company information, and more.

“As companies around the world continue to discover just how valuable Web-sourced data can be, Connotate is in the enviable position of having the most advanced technology for harvesting data at scale,” said Liam Donohue, founding general partner of Connotate’s lead investor group,.406 Ventures, and chairman of Connotate’s Board of Directors. “Rich’s leadership experience, market knowledge, and technical expertise will ensure Connotate leverages its competitive advantages to achieve accelerated growth.  We are thrilled to have him on board.”

About Connotate

Connotate, Inc.’s patented, advanced science and Web scraping technology powers an extraction platform that can turn the almost 1 billion websites registered on the Web today into a flow of clean, structured, and aggregated Web data. Our growing customer list includes news and content aggregators such as McGraw-Hill, Associated Press and Thomson Reuters, as well as major consumer goods companies, financial institutions, technology companies, and healthcare/pharma firms. Connotate’s Web data helps support better decisions and deeper insights in marketing, pricing, competitive intelligence, finance and investing, human resources, sales and lead generation, and much more. Connotate has been named a KMWorld “Trend-Setting Product” for the past eight years.

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.