FOR MORE INFORMATION
John Gates, Elevate Communications, (617) 861-3651
PORTSMOUTH, NH, October 13, 2008—Whaleback Systems™ today announced that Karil Reibold has been appointed as the company’s chief financial officer. She is responsible for all aspects of Whaleback’s operations including finance, human resources and administration. Karil brings more than 20 years of finance experience leading technology startups in all phases of growth.
Over the course of her career in finance, Reibold has helped companies raise in excess of $300 million in venture capital and has worked on staff in a senior finance capacity or as a consultant to venture funds in Silicon Valley and Boston. As an entrepreneur in residence for Norwest Venture Partners (NVP), she served as an operating partner assisting with numerous portfolio companies. Karil also served as CFO and Vice President of Finance and Operations for Annuncio Software, Inc. through its successful acquisition by Peoplesoft in January 2002. As a partner at David Powell, Inc. Financial Services, Karil worked with over 20 startups such as Netratings Inc. (NTRT), where she was acting CFO from inception through IPO.
About Whaleback Systems
Whaleback Systems is a Managed Voice Provider and the pioneering developer of the first business phone solution built from the ground up for broadband. Unlike traditional systems, the Whaleback CrystalBlue Voice Service is 100 percent premises-based and software-driven. It includes the only IP PBX with Key System Unit features and Road Warrior Functionality. Whaleback's CrystalBlue Voice Service offers flexible fixed rate national and international calling packages that provide affordability and predictability to a customer’s monthly phone bill - making the most advanced technology immediately affordable for companies that need between 5 and 500 phone stations. The Whaleback service is available through partnerships with channel partners and VARs. Whaleback customers include law firms, real estate agencies, financial services firms, homebuilders, restaurants, resorts, advertising and public relations agencies.