Web security firm WhiteHat Security has announced that Jeremiah Grossman has accepted an offer from the Board of Directors to lead the company as its interim CEO following the resignation of former CEO Stephanie Fohn.
Grossman, the company’s founding CEO and a former information security officer at Yahoo, started the company in 2001 and has served as the company’s CTO since 2004.
WhiteHat Sentinel, the company’s flagship cloud-based platform, helps test and monitor the security of web sites for organizations across various industries including e-commerce, finance and healthcare. The company also offers a mobile edition of Sentinel that lets businesses assess the source code and runtime interactions of mobile applications.
“Our mission has always been to protect the web, company by company,” Grossman said in a statement. “I am excited to help lead this company as we continue to push the bounds of web security forward, something that I have been passionate about for more than a decade.”
Fohn, who led the company as CEO since 2004, resigned citing “personal reasons”, the company said. Under her leadership, WhiteHat raised more than $54 million in funding and grew the company to more than 350 employees around the world. Almost a year ago to the day, the company announced that it landed a $31 million round of funding.
“My focus will remain on ensuring that our customers – both current and future – have the best product and technology experience and that they get the highest levels of support that such a fast-paced market dictates,” Grossman wrote in a blog post.
Grossman will hold the position of interim CEO during and throughout a more formal executive search to be conducted by the Board of Directors.