Falls Church, VA, November 3, 2015 (Newswire.com) - CirrusWorks, Inc. (www.cirrusworks.net) is pleased to announce the addition of John J. (“Jack”) McDonnell, Jr. to its Board of Directors. A serial entrepreneur, Jack McDonnell brings decades of experience building, managing and funding global data communications companies.
Mr. McDonnell has a long and successful history with the CirrusWorks team. He was an original investor in Core Communications, founded in 1999 by CirrusWorks executives. Core Communications became the market leader in hospitality conference Internet solutions, and was sold to Swisscom AG (www.swisscom.ch) in 2006 to become the largest provider of hotel guest Internet services in the world. Prior to Core and Swisscom, the CirrusWorks engineering team worked for Mr. McDonnell at TNS, Inc., the financial transaction network services company he founded in 1990 and took public in 1994. Much of the technical development of CirrusWorks owes its legacy to Jack McDonnell and his foresight.
“I am delighted to be joining the Board of CirrusWorks. The company has built a unique, disruptive technology that provides a simple, effective solution to over-subscribed networks,” said Mr. McDonnell. “Anyone who has experienced slow WiFi can attest to the need for better, smarter and faster bandwidth management.”I am delighted to be joining the Board of CirrusWorks. The company has built a unique, disruptive technology that provides a simple, effective solution to over-subscribed networks. Anyone who has experienced slow WiFi can attest to the need for better, smarter and faster bandwidth management.
Mr. McDonnell is a pioneer in the electronic payments industry. Between tours at TNS, Inc., Mr. McDonnell was Chief Executive Officer of PaylinX Corporation, sold to Cybersource in September 2000, after which he served on the Cybersource Board of Directors until sold to Visa, Inc. Mr. McDonnell also served on the Board of DealerTrack Holdings, Inc. as well as several privately held companies. He recently served as Chairman and CEO of terminal solutions provider Exadigm. Currently, he is Chairman of Phoenix Managed Networks (“PMN”), an international network services company focused exclusively on electronic payments.
Mr. McDonnell is one of the founding members of the Electronic Funds Transfer Association (www.efta.org). He holds a BSEE from Manhattan College and an MSEE from Rensselaer Polytechnic Institute. Mr. McDonnell joins Gareth Moore on the Board of Directors of CirrusWorks, representing the Series-A investment in the company, along with founders David Giannini and Richard Sternitzke.
CirrusWorks, Inc. is the leader in bandwidth optimization technologies. Their flagship product, The Governor™, is the only dynamic, software-defined bandwidth management tool that fully operates in an encrypted network environment. Learn more at www.cirrusworks.net.