Heiblum comes to BeyondTrust from Blackboard, an industry-leading provider of academic technology and services to the global education market, where he most recently served as Senior Vice President, Higher Education, Corporate and Government Markets. Prior to that role, Maurice was the President of Elluminate, Inc., a provider of real-time online learning and collaboration software (SAAS) solutions, where he helped build and grow the business from start-up to a profitable multi-million dollar business until its successful acquisition by Blackboard in 2010.
“Maurice brings us a unique skill set of strategic operational excellence that complements our existing executive team,” said Kevin Hickey, president and CEO, BeyondTrust. “Perhaps more importantly, he has a proven track record as a results-driven leader who excels in developing strong, long-lasting relationships with team members, customers, and partners alike. Maurice’s leadership will help us maximize the significant opportunity ahead of us.”
The executive team expansion comes at a time of record growth for BeyondTrust, as the company is coming off a record quarter and is on track for a record year. BeyondTrust’s significant growth is a result of its unique combination of vulnerability management and privileged account management (PAM) offerings. According to Gartner’s “Market Guide for Privileged Access Management” report (published May 27, 2015), “Prevention of both breaches and insider attacks has become a major driver for the adoption of privileged access management (PAM) solutions, in addition to compliance and operational efficiency.” Based on the same report, “Gartner estimates that the size of the PAM market reached $512 Million in 2014” and “the market for PAM has continued to grow, with the growth rate for 2014 estimated to have been 32%.”
“There are few technology challenges more important than cyber security is right now and there are few organizations with the vision and proven ability to execute as BeyondTrust,” said Maurice Heiblum, Chief Operating Officer, BeyondTrust. “The tremendous feedback I have received about BeyondTrust is a testament to what the company has achieved thus far and, more importantly, an indicator of the tremendous potential ahead, which I am excited to be a part of.”
Prior to Blackboard and Elluminate, Maurice served as the founder and chief executive officer of a start-up reverse auction services exchange and as general manager of the distributed solutions division at Viasoft where he built a highly profitable multi-million dollar software and services division from the ground up in just over 18 months. Maurice also held a number of increasingly responsible sales and marketing management positions over a 13-year career at IBM.
Heiblum concluded, “When you couple the very evident winning team culture across all levels at BeyondTrust with the historical market-shaping opportunity that we are currently in the midst of, that is a very exciting combination. I look forward to rolling up my sleeves and helping the company continue making a major difference in alleviating some of the most daunting data security challenges that enterprises struggle with every day.”