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Thursday, Jul 17, 2025
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OC500 TECHNOLOGY: RICH FENNESSY

CEO , TRACE3

WHY: Took over the reins at fast-growing IT services provider and consulting company in Irvine in September 2019, putting together cybersecurity, cloud computing, intelligence and analytics into a streamlined offering. Annual revenue is about $2.5B as of 2023.
IN THE NEWS: Acquired cybersecurity firm Set Solutions of Houston in March.
NOTABLE: Fennessy was previously CEO of Kudelski Security, a cybersecurity company based in Switzerland and in Phoenix; Michigan State graduate in engineering.
QUOTABLE: “We’re very happy operating as a large private company. We continue to expand into new markets.”

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