Basho Adds New CEO, Funding

Basho Technologies, a Cambridge, MA-based provider of data storage and management software for enterprise customers, announced today that it has hired a new CEO and sewed up some new funding.

The new chief executive, Donald Rippert, formerly chief technology officer of consulting and technology services firm Accenture, will start on July 1 at Basho, which provides an open source database technology called Riak for Web and cloud-based applications. Rippert replaces former CEO Earl Galleher, who will remain as chairman of the board.

“Don will build upon Basho’s growing customer base, which includes, among others, a number of major companies in the healthcare, cable, telecommunications and software industries,” said Galleher in the announcement of the deal.

Basho said it has completed a $7.5 million Series D financing, having announced the first $3.5 million of the funding round in February. The money came from private equity firm Georgetown Partners, and Trifork AS, a Danish systems integrator that is the European distributor of Riak.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.