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AUSTIN, TX — February 19, 2020 — Praetorian, a cybersecurity company on a mission to make the world safer and more secure, announced today the addition of former SailPoint Technologies executive Cam McMartin to its board of directors.
McMartin brings proven experience in scaling businesses. He joined SailPoint in 2011 as Chief Financial Officer, driving SailPoint’s growth from a financial as well as from an operational standpoint, before becoming Chief Operating Officer in May 2019. During his tenure, SailPoint completed a $1 billion IPO in 2017 and reached its current valuation of more than $2.2 billion. At the end of 2019, McMartin left SailPoint’s executive leadership team and joined its board of directors.
“Cam was brought into SailPoint when they were in a similar financial position that we are today and guided them to tremendous success,” said Praetorian Founder and CEO Nathan Sportsman. “He has the experience and expertise we need to realize our full potential. We’re thrilled to get his incredible insights on scaling a company.”
McMartin joins Bill Wood, general partner at Bill Wood Ventures, on Praetorian’s board along with board observer Kevin Buehler, Senior Partner and global leader of McKinsey’s cybersecurity practice.
“Praetorian’s security architecture and engineering capabilities are second to none,” said McMartin. “Many of the world’s largest companies trust them for their cybersecurity needs and their future looks wide-open.”
Following the company’s $10 million Series A funding round, Praetorian sets its sights on expanding the company and hiring experts in artificial intelligence as it pursues rapid growth over the next several quarters.
“Cam was SailPoint’s key operations leader that scaled their revenues from $15 million to $250-300 million,” said Wood. “His experience in finance, as well as operations, will help Praetorian successfully navigate its future.”
Before SailPoint, McMartin served as Managing Director and Chief Financial Officer for CenterPoint Ventures, a $425 million venture capital group. Prior to CenterPoint Ventures, McMartin held senior financial management positions with several corporations, including Chief Financial Officer at Convex Computer (NYSE: CNX) and Senior VP, Operations at Dazel.