Welcome!

Recurring Revenue Authors: Elizabeth White, Liz McMillan, Sujoy Sen, PagerDuty Blog, Yakov Fain

News Feed Item

Rainmaker Systems Appoints Mallorie Burak Chief Financial Officer

Incoming CFO to Join CEO Donald J. Massaro in Today's Investor Conference Call to Introduce Newly Appointed Leadership

CAMPBELL, CA -- (Marketwire) -- 01/17/13 -- Rainmaker Systems, Inc. (NASDAQ: RMKR), a leading global e-Commerce software company that helps multi-national companies address the B2B market by maximizing sales revenue for their products and services, announced today that it has appointed Mallorie Burak as the company's Chief Financial Officer, effective January 24, 2013.

Ms. Burak will be responsible for all of the company's finance operations, which will be migrated to Rainmaker's Silicon Valley headquarters in Campbell, CA. Ms. Burak will succeed Timothy Burns, who is assisting with the finance migration from his office at the company's Austin, Texas, facility. Upon the completion of the transition, Mr. Burns intends to leave the company to pursue other interests in the Austin area.

"Mallorie Burak is a highly capable and strategic CFO," said Rainmaker Chief Executive Officer Donald J. Massaro, who joined the company last month. "She will be central to a new executive team that is launching a comprehensive 2013 initiative designed to convert Rainmaker's technology leadership into market leadership. Our immediate goal is to quickly enable Rainmaker to leverage our Grow Commerce platform's extensive scale and achieve strong, sustainable growth and profitability. Our first action to pave the way for this initiative is to migrate finance operations currently residing in our Austin, Texas facility and bring them under one roof at corporate headquarters in Silicon Valley. We are especially grateful to Mallorie's Austin-based predecessor, Tim Burns, for helping to manage this transition. Tim has served admirably in a number of executive management roles at Rainmaker. We appreciate Tim's contributions and commitment during his tenure at Rainmaker, and we wish him well in his future endeavors."

"I am extremely energized to join my longtime mentor Don Massaro and the extraordinary team he is bringing together at Rainmaker Systems," Ms. Burak said. "We are committed to a long-term strategy and financial plan necessary to achieve rapid growth, high gross margins, sustainable profitability and a strong balance sheet -- which all translate into greater performance for shareholders."

With more than two decades of financial management, strategic insight and profitable growth experience, Ms. Burak officially assumes her duties on January 24. She will join Rainmaker from Foodlink, where she was Chief Financial Officer. Ms. Burak has worked with companies ranging from start-ups, to Fortune 500 global leaders. Under her leadership as Principal Financial Officer at Southwall Technologies, the company returned to profitability and strengthened its balance sheet significantly, enabling investment in new growth opportunities and global expansion. Before joining Southwall, she was Finance Director for the Communications Global Business Unit at Oracle Corporation. Prior to Oracle, Ms. Burak served as Director of Revenue at Portal Software (acquired by Oracle). She has also held various financial management positions with Silicon Valley companies, including Hewlett Packard, TrueSAN Networks, and Zilog.

Ms. Burak holds an MBA and B.S. in Business Administration from San Jose State University.

Investor Conference Call Today

Rainmaker Systems has scheduled an investor conference call to introduce newly appointed Chief Executive Officer Donald J. Massaro and incoming Chief Financial Officer Mallorie Burak. The investor call is scheduled for 1:30 p.m. Pacific Standard Time (4:30 p.m. EST) Thursday, January 17, 2013.

What: Rainmaker Investor Call to Introduce Newly Appointed CEO Donald J. Massaro and incoming CFO Mallorie Burak

When: Thursday, January 17, 2013, at 1:30 p.m. Pacific Standard Time (4:30 p.m. EST)

Webcast: A live and archived webcast of the conference call can be accessed from the investors section of Rainmaker's website at www.rainmakersystems.com.

Dial In: To access the live call, dial 1 866-696-5910 and request the "Rainmaker" call. Passcode 5253422.

Replay: An audio replay of the conference call can be accessed at 1 800-408-3053. The replay will be available starting two hours after the call and remain in effect for one week. The required pass code is 4544079.

For more information on Rainmaker products and solutions, visit
http://www.rainmakersystems.com/solution.html.

About Rainmaker

Rainmaker is an e-Commerce software company that helps multi-national companies address the B2B market by maximizing sales revenue for their products and services. The Rainmaker e-Commerce platform can be enhanced with Rainmaker global customer assist agents to maximize revenue and customer satisfaction throughout the entire customer life cycle. For more information, visit http://www.rainmakersystems.com or call 800-631-1545.

CONTACT:
Robert Ferri Partners
Robert Ferri
415-575-1589 (direct)
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.