Fremont, CA – July 2, 2015 – Procera Networks, Inc., the global Subscriber Experience company, announced today that its Board of Directors has named Lyndon Cantor as chief executive officer to replace James Brear, who has announced his departure from the company.
“We have great admiration for Jim Brear’s achievements as CEO of Procera,” said Andrew Kowal, member of Procera’s Board of Directors and partner at Francisco Partners. “Jim successfully built Procera into a recognized leader in its core markets, opened adjacent product and geographic markets, and oversaw significant revenue growth. We wish Jim well in his future endeavors.”
“I am proud of the accomplishments of our team in driving innovation and delivering value to our customers,” said Jim Brear. “Francisco Partners brings the strategic perspective, operating experience and industry expertise to build on the company’s strong foundation, and I am confident that Procera has secured the right partner to drive the long-term success of its customers, partners and employees.”
Lyndon Cantor has 30 years of experience in telecommunication and enterprise technology markets. Most recently he served as president of Tektronix Communications, a network assurance solutions provider serving network operators across fixed, mobile and cable environments. In his three years as president, Cantor helped increase revenue from $323 million to $463 million, while considerably increasing operating margins. He also drove an aggressive innovation agenda that launched several new products.
“I am excited to join Procera and partner with a talented team and world-class customer base,” said Lyndon Cantor, incoming Procera CEO. “Procera’s analytics capability and architectural flexibility provide a tremendous foundation to deliver additional innovative solutions that enable our customers to better optimize and monetize their networks.”
“Lyn joins Procera with a rich understanding of the company’s markets, technologies and product offering,” Kowal added. “He is a strong addition to the leadership team as Procera enters this next chapter in its strategic development and we are pleased to welcome him to the company.”
About Procera Networks, Inc.
Procera Networks, Inc., the global Subscriber Experience company, is revolutionizing the way operators and vendors monitor, manage and monetize their network traffic. Elevate your business value and improve customer experience with Procera’s sophisticated intelligence solutions. For more information, visit www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.
Katie Wood Znameroski