Austin tech company lures Dell, RetailMeNot execs

Jan 16, 2014
Austin Business Journal

Software maker Gravitant Inc. has hired two local technology industry veterans to join its executive team


The Austin-based company disclosed on Wednesday that it enlisted former Dell Inc. executive Brad Anderson as its chief operating officer and former RetailMeNot Inc. (Nasdaq: SALE) executive Ken Kieley as chief financial officer


Anderson was previously the president of Dell’s enterprise solutions group and Kiely was RetailMeNot’s senior vice president of finance.


Gravitant, founded in 2004, develops software designed to enable the deployment of virtual data centers and business applications by aggregating services from infrastructure-as-a-service providers


In October 2013, it reported raising $7.7 million of a planned $10 million round of financing from five investors, according to a filing with the U.S. Securities and Exchange Commission


At the time, Chief Marketing Officer Praveen Asthana said the company planned to raise the remaining $2.3 million within 90 days. Investors included Corsa Ventures and S3 Ventures, two local venture capital firms


Last year, Gravitant received $3.7 million of a planned $5 million financing from three investors, an SEC filing indicates


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