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Recurly Appoints Irfan Salim, Former CEO of MarkMonitor, to its Board of Directors.

Industry Veteran Brings More Than 20 Years of Executive Operating Experience and Internet Security Domain Expertise to Support The Next Phase of Recurly Growth.

San Francisco, CA–March, 24th, 2014–Recurly, the leading pay-as-you-go subscription billing management service, today announced the appointment of Irfan Salim to its Board of Directors. Salim brings more than 20 years of experience growing, leading and advising world-class SaaS, internet security and fraud prevention companies.

Mr. Salim most recently served as the President and CEO of MarkMonitor, which was sold to Thomson Reuters in 2012. Prior to MarkMonitor, Salim was President and COO of Internet security company Zone Labs, Inc., where he grew the organization from 40 to 230 people and later led its sale to Check Point Technologies in 2004. Earlier, Salim was President of US and European operations at TrendMicro, which was recognized as a leader in enterprise security under Salim's stewardship. Salim also currently serves on the Boards of LogMeIn, Inc. (NASDAQ: LOGM), and Cyphort.

“Irfan is a seasoned operating executive with a deep understanding of what is required to scale high-growth SaaS organizations successfully” says Dan Burkhart, co-founder and CEO of Recurly. “He has a fantastic track record of leading both large corporations as well as high-growth startups to success, and we’re looking forward to bringing his operating experience to bear, particularly during this exciting growth stage of our company.”

“I am looking forward to my role as an active, independent board member for Recurly” says Salim. “They have achieved impressive growth by making it easy for businesses to rapidly grow recurring revenues and automate workflows—which is always a winning model.”

Salim joins Burkhart; Dave Barrett, Managing Partner of Polaris Ventures, Tom Gieselmann, General Partner of e.ventures, and Recurly co-founder, Isaac Hall on the Recurly Board of Directors.

Mr. Salim has been a prior Director of Software Publishing Corporation, NameSecure, Zone Labs Inc., Lumension, Inc., MarkMonitor, Guardian Analytics, and Tenebril, Inc. He holds a B.S. in Aeronautical Engineering from Imperial College, England, and an MBA from Manchester Business School, England.

About Recurly

Recurly, Inc. provides enterprise-class recurring billing management for thousands of subscription-based SaaS, Web 2.0, Mobile, content, and publishing businesses worldwide. Recurly’s service helps companies transform billing from a back-office cost center to a revenue optimizing competitive advantage. Businesses like AccuWeather, DishDigital, GigaOm, Vocus, Groupon, JibJab Media, HubSpot, GOOD.is, LinkedIn, and Zillow depend on Recurly’s ability to deliver recurring billing automation. Since its launch in January of 2010, Recurly has deployed subscription billing for thousands of companies throughout North America and the European Union. Recurly, Inc. is PCI-DSS Level 1, SAS 70 / SSAE 16 Compliant, and operates in compliance with the data protection practices outlined in the E.U. Safe Harbor agreement. For more information, visit https://recurly.com.

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