Catalyst-backed Fusion announced major product enhancements that expand its already established risk management capabilities with a new third-party management offering along with a solution for organizations to securely connect with broader internal and external communities. These new enhancements empower organizations with the most flexible and innovative way to manage and mitigate risk to the perimeter of their enterprises and throughout their supply chain.
Catalyst portfolio company Fusion Risk Management, Inc., a leading provider of business continuity management software and services, named Jim Stewart as Senior Vice President and Chief Financial Officer (CFO). The hire is the next step in Fusion’s continued growth strategy, which has generated five additions to the executive team thus far in 2018.
Catalyst-backed Fusion Risk Management named Cory Cowgill as Vice President and Chief Technology Officer and Paul Ybarra as Senior Vice President and Chief Revenue Officer. The additions are part of Fusion’s growth strategy, as it keeps pace with increasing demand among enterprises to remain resilient in the face of disruptive events.
Catalyst-backed Fusion’s new Fusion Connector for Send Word Now offers an out-of-the-box integration for initiating and tracking Send Word Now communications from within the Fusion Framework System™ while synchronizing critical data to provide a “single pane of glass” to manage incidents and crisis events. In addition, the connector maintains interoperability while customers configure and evolve each system as needs change over time.
Catalyst-backed Fusion Risk Management, Inc. announced the addition of two senior sales executives in the United Kingdom. Derek McGee and Laura Sloan joined Fusion this month as the company expands European operations to meet rapidly growing demand for its solutions.
Fusion Risk Management, Inc., the leading provider of business continuity risk management software and services, has expanded its European presence to keep pace with rapidly growing market demand and to support engagement among its burgeoning community of enterprise customers in Europe.
“Fusion has built a reputation with its Fortune 500 customers as not only an exceptional risk management platform, but also as one of the tech industry’s top customer service practices,” said Ryan McNally, partner at Catalyst Investors. “The company is a clear leader in its space and is growing rapidly and profitably while gaining market share. The management team consists of world-class industry veterans with impressive track records of delivering enterprise-grade products to the largest corporate customers. We look forward to helping the company continue to gain market share, develop new products and expand internationally.”
“If you just looked at the company’s profile, it’s hitting its stride and had reached a certain level of scale,” says Ryan McNally, a partner at New York-based Catalyst Investors, which provides growth capital to later-stage companies. It had been looking at the broader space of tech-enabled service companies in governance, risk and compliance when it was introduced to Fusion last year.