Cloud commerce marketplace Pax8 has appointed Robb Reck as Chief Trust and Security Officer (CTSO). In his new role, Reck will ensure Pax8 maintains the trust of managed service providers (MSPs), vendors, and customers by advancing the security measures of the Pax8 Marketplace. Reck will report to Scott Chasin, Chief Technology Officer at Pax8.
Before joining Pax8, Reck led security operations for multiple enterprises in the financial services, banking, and software sectors. His most recent role was as Chief Trust Officer (CTO) at Red Canary, a leading managed detection and response (MDR) provider. Before that, Reck served as Chief Information Security Officer (CISO) at Ping Identity from the company’s venture capital period through its Initial Public Offering (IPO). In 2017, Reck cofounded Colorado = Security, a community that serves 2500+ information security professionals in Colorado.
“Pax8 has an immense opportunity in front of us, where we can positively impact the MSP industry worldwide, to not only make them more effective but to help them deliver a more trustworthy environment for their customers,” said Reck. “I am excited to be a part of that vision and to help uplevel our partners around the world.”
In a LinkedIn post, Reck said his conversations with executives at the company had helped him "fall in love with vision, the opportunity, and the team. I am proud that I have the opportunity to build on the fantastic security and compliance program that Brad Fugitt and his team have built over the past [seven] years ... I am ready to dive in with my new team, and help make sure our vendors, partners and customers are well supported."
Pax8's Chasin said, “We’re thrilled to have Robb, an industry-leading security innovator, take the helm of security and compliance at Pax8. With an impressive 25 years of experience in the IT space, Robb brings invaluable expertise to Pax8. We’re fortunate to have his leadership in developing and implementing robust security strategies and formalizing and communicating a culture of trust with our partners, helping them integrate security practices into their offerings.”
Pax8's Recent Growth
Pax8 recently hit a major milestone: Achieving $1 billion ARR. The company was also named to Deloitte's Fast 500 list of fastest-growing companies. In February, Pax8 named Rob Rae Corporate Vice President of Communities and Ecosystems. In April, the company announced the appointment of David Powell as Vice President of Sales Strategy. In August, Craig Donovan was named Chief Experience Officer at the company. In September, Mary Gill joined the company as Chief Compliance Officer.
At its Pax8 Beyond event in June, the company announced the next evolution of its cloud distribution marketplace — a system to match prospective managed services customers with MSPs. The system will acquire end customers via its vendor partners, as Jessica Davis reported. Here’s how that works. SaaS vendors typically have contact forms on their websites to capture information from potential direct SMB end-customers. But it’s not normally cost-effective for vendors to work directly with SMBs. Pax8 will work with vendors to replace those fill forms with a “Buy Now” button that will enable Pax8 to collect customer information. Then, an AI-driven matching system on the back end will match customer buyers to MSPs. Both customers and MSPs will have the ability to swipe left or right to choose or reject a potential match.
Pax8 has also made a number of recent acquisitions, including Microsoft Dynamics partner Bam Boom Cloud.
