Welcome!

Recurring Revenue Authors: David Paquette, Dana Gardner, SmartBear Blog, Sujoy Sen, Elizabeth White

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
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...