The new chief executive of Irvine-based cloud service provider Numecent comes with top-level sales experience at Broadcom Corp.
Tom Lagatta takes the reins at Numecent from cofounder Osman Kent, who moves to the executive chairman position.
Numecent, launched in 2008, raised $13.6 million last year in a funding round led by T-Venture Holding, the venture capital arm of Deutsche Telekom in Bonn, Germany.
It has raised an additional $11 million from angel investors.
The company has doubled to about 42 workers in the past year.
Numecent hasn’t disclosed revenue figures, but the Business Journal estimates the company brings in more than $20 million in annual revenue.
Lagatta spent seven years as executive vice president of worldwide sales for Broadcom, also based in Irvine. He is charged with building up operations and developing a global expansion plan, while Osman focuses on product development and strategic partners, initiatives and investors, the company said.
Numecent describes its cloud paging offering as a patented virtualization software service that delivers applications from the cloud 20 to 100 times faster than traditional digital downloads without installing them on a device. It bills the service as giving users access to Adobe Photoshop, for instance, within seconds without the need to boot it up on computers or using a program that takes up space on a hard drive.
The venture-backed company is targeting software vendors, Internet service providers, and the gaming sector.
The latter sector has lost a number of service providers in the cloud niche with the restructuring of OnLive Inc. in Palo Alto and the acquisition of Aliso Viejo-based Gaikai Inc.
Sony Computer acquired Gaikai in 2012 for $380 million and has converted it to an in-house service provider.
OnLive laid off its entire staff that year and was acquired by Silicon Valley investor Lauder Partners LLC.
