PHD Technologies Appoints Sridhar Murthy As CEO

PHD Technologies, provider of the esXPRESS backup and restoration solution for virtualized infrastructures, today announced the appointment of Sridhar Murthy as the company’s chief executive officer.

For the past two years, Murthy served as chief operating officer and chief financial officer at TicketsNow.com. During his tenure, the company doubled its revenues. Prior to this, Murthy was chief financial officer and vice president of operations at Collabnet, a provider of hosted enterprise solutions for distributed and outsourced software development. Earlier in his career, Murthy held finance and operations leadership positions at Get2Chip, Ariba Inc. and Remedy Corporation.

PHD Technologies recently received a significant equity investment from a top tier venture firm to help fund new product development and geographic expansion. In Q1 2008, esXPRESS surpassed the 1000th customer milestone.

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