PRESS RELEASE
BOSTON, February 29, 2024 /PRNewswire-PRWeb/ — Morphisec endpoint security system (MTD) has announced the appointment of Ron Reinfeld as the company’s new CEO. Reinfeld joined Morphisec three years ago as Chief Financial Officer. He replaces Ronen Yehoshua at the helm. Yehoshua will remain with the company in the role of President after nine years as CEO.
Prior to joining Morphisec, Reinfeld served as CFO at IntSights (acquired by Rapid7) and CFO at Zooz (acquired by PayU), and held various finance and operations roles at Cloudshare, Clarizen, and Ernst & Young. Additionally, Reinfeld has held numerous consulting roles at early-stage technology startups.
“Over the past two years, the company has made significant progress both technologically and in terms of sales, and we continue to set ambitious goals while driving the company’s growth and profitability in global markets,” Reinfeld said. “I am proud and excited to take on the new position. Ronen and I will continue to work closely and efficiently alongside the company’s employees who bring exceptional professional qualities and high values.”
“As we approach 2024, Morphisec is experiencing a positive shift that could significantly increase its value and market positioning. This turning point is driven by concrete plans, including continued growth, improved efficiency, successful launch of the new Anti-Ransomware product and increased focus on strategic business development. Achieving these goals will require everyone to step up.”
Morphisec prevention software blocks ransomware and other advanced attacks from the endpoint to the cloud. The company protects more than 7,000 customers and 9 million endpoints worldwide.
Ronen Yehoshua, President of Morphisc: “I conclude my position as CEO of the company with great satisfaction. From day one and for the past nine years since the company was founded, we have been determined to build an innovative and revolutionary company. I am convinced that Ron will lead the further growth and development of Morphisec. As president of the company, I will continue to work with Ron to guide the company and grow it.”
Yoav Tzruya, JVP General Partner and member of the board of directors of Morphisec: “We want to thank Ronen for his excellent results in taking Morphisec from an academic idea to a successful growth-stage startup. Morphisec represents a disruptive force in the industry, committed to safeguarding businesses around the world, with a user base of more than 9 million. We remain steadfast in our support of the team and our collective mission and welcome Ron to his new role as CEO of Morphisec. We are confident that his experience and skills, while working with the management team and Ronen will take the company to the next level.”