Wednesday, May 28, 2008

Basho names Galleher as CEO, co-founder Hoffman moves to development

By Mass High Tech Staff

Sales analytics firm Basho Technologies Inc. reports that co-founder and chairman Earl Galleher has been named the company’s CEO, replacing co-founder Jeff Hoffman.

Galleher has been chairman of Cambridge-based Basho since it launched in December 2007. Before Basho, Galleher was an investor and executive vice president of Akamai Technologies Inc. (Nasdaq: AKAM), company officials said.

Basho Technologies, which was founded in 2002 as Basho Strategies Inc., develops sales analytics software. The company was co-founded by Galleher, Hoffman, a former sales director of Akamai Technologies, and Tony Falco, a former Akamai vice president.
 
Hoffman will remain with the company as “chief Basho,” officials said, a role in which he will focus solely on the delivery of products and services to clients and marketing the company’s software platform.

In 1996, Galleher was president of the website management services division of Maryland-based Digex Inc. He led Digex, now part of Verizon Communications, to an initial public offering, raising $48 million, and subsequently participated in selling the company to MCI for $178 million in 1998, Basho officials said.