Non- GAAP revenue for the quarter was $135 million, a 69% growth over the previous year. The Carbonite CEO change came on the day the vendor reported its second quarter 2019 earnings call. "There's a lot of movement between the light side and the dark side." "It's unique in that it's a CEO switching over, but it's actually not a big deal," Chhabra said. Naveen ChhabraSenior analyst, Forrester Research There's a lot of movement between the light side and the dark side. It's unique in that it's a CEO switching over, but it's actually not a big deal. Guadagno said Munford's experience at Sophos Group PLC, which develops security software, makes him a perfect fit as interim Carbonite CEO while the vendor executes its more security-focused strategy. Interim Carbonite CEO Steve Munford joined Carbonite's board of directors in January 2014 and became its chairman in March 2016. "The industry has separated security and data protection, and that's largely an artificial distinction," Guadagno said. The company is investing in both because the ultimate goal is to deliver products that can prevent or recover from data loss, regardless if it resulted from a ransomware attack or an accidental deletion. Norman Guadagno, senior vice president of marketing at Carbonite, said there was no need to separate backup and security. The backup vendor bought cybersecurity firm Webroot in early 2019, making it clear that Carbonite planned to invest more into security capabilities to bolster its backup offerings. The CEO switch happened in the midst of a strategy shift within Carbonite.
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