Last Friday, Strata-gee broke the news that both Cheena Srinivasan and Michael Malcolm, co-founders of Kaleidescape, had left the company recently to pursue new opportunities. (A third co-founder, Dan Collens, left the company back in 2006.) Kaleidescape, the leading media server manufacturer in the upscale residential space, is an important supplier to many custom integrators, so this is a big change. Late Friday, after Strata-gee broke the news of the change, the company put out a formal statement on the situation.
A New Era Begins: New CEO, New Exec Team, and New Funding Equals New Opportunities
Earlier this week, sources told Strata-gee that Kaleidescape co-founders Michael Malcolm and Cheena Srinivasan have left the company. Malcolm is said to have left a couple of months ago and Srinivasan reportedly left the organization just last week.
See what I know about the situation at Kaleidescape…[Read more…] about Elvis Has Left the Building: Co-Founders of Kaleidescape Leave the Company
Imagine, if you will, working at a company serving a channel in which yours is the only significant participant with no major competitors – you own the segment. Not only that, but dealers love your product, the press sings holy hosannas over the quality and performance of your line, a major [legal] black cloud is behind you, and the future appears to be bright. Must be an idyllic existence…right?
At Kaleidescape, Inc., the industry’s most prominent brand of media servers, it appears to be an idyllic existence only if you are one of the two founders – Michael Malcolm and Cheena Srinivasan. For other top managers, the pressure must be constant, as there appears to be a spinning revolving door – or so it would seem as we learn again this week of more top managers exiting the company.
See more on this newest round of managers exiting Kaleidescape… [Read more…] about The Revolving Door for Managers at Kaleidescape… Spins Again
Starting first thing this morning, our office was inundated with multiple sources contacting us by phone and email to tell us that something big was happening over at Sunnyvale, CA-based, media-server company Kaleidescape. While there were minor variations on the stories we received, they all came down to the same thing – an exit of several employees, including some top executives, from the company.