Red Lambda is an award-winning cybersecurity company that is setting a new standard for defending against cyberattacks, which are becoming more frequent, sophisticated, and dangerous to organizations around the world. Our artificial intelligence-based cybersecurity solution, MetaGridTM, enables enterprises to rapidly identify, analyze, prioritize, validate, and respond to cyberattacks on their networks. MetaGrid uniquely addresses the most critical needs of IT departments and Security Operations Center (SOC) teams that need to detect, understand, and remediate known and unknown cyberattacks in order to secure their ever-expanding IT infrastructure. With MetaGrid, SOC teams can deploy IT resources efficiently and focus on big problems first to counteract advanced cyberattacks and their effects within minutes or hours rather than in days, weeks or months.
Red Lambda is led by a highly experienced, globally-focused executive team that possesses a broad range of IT security, global expansion expertise, technology leadership and knowledge of public markets.
Bahram Yusefzadeh is a software and technology entrepreneur with more than 35 years of experience building innovative, market-leading companies. Prior to Red Lambda, he was the founder and CEO of Phoenix International, a global financial software company that led the industry’s shift towards client/server computing in retail banking. Under his leadership, Phoenix International became a global leader in retail banking automation, developed a strategic partnership with IBM, and completed a successful IPO and secondary offering. Phoenix International was acquired by London Bridge Group in 2001. Following the acquisition, Mr. Yusefzadeh combined his entrepreneurial passion and expertise with his long-standing commitment to the development of Florida’s high-tech community and founded the V2R Group, a technology incubator and investment company. As Chairman and CEO, Yusefzadeh leads V2R Group in its mission to identify and guide the commercialization of emerging technologies from across Florida and the Florida university system. Red Lambda was established through V2R in 2005. Yusefzadeh holds a number of outside board positions, including Chairman of the Board of Trustees for the International Center for Automated Information Research (ICAIR), a capital fund sponsored through a national grant with the University of Florida Law School that invests in early-stage companies. He also has served as an advisor to the Capital Appreciation Fund II, an Atlanta-based VC fund, focused on early-stage technology companies since 1988.
Chief Executive Officer
Iain Kerr, Red Lambda’s Chief Executive Officer, is a high performance strategic leader with a 30-year proven track record of success. His combination of hands-on executive management skills, C-level business development expertise in the US and abroad, knowledge of the nuances involved in the complex technology sale and direct experience in the IT security sector bring significant value to Red Lambda.
Prior to joining Red Lambda, Kerr served as President and CEO of Protegrity. During his tenure, Kerr increased revenue for three consecutive years running, with revenues increasing 71% in his final year in this leadership role. Additionally, he brought maintenance revenues up to a 96% renewal rate and formed key strategic partnerships with prominent resellers.
As Senior Vice President of Sales and Business Development for Sygate Technologies, Kerr increased revenue from $9 million to more than $18 million in just 20 months, representing a 100% increase in North American, EMEA and Asian sales. Additionally, he built and led the company’s channel partner initiative which grew to include more than 100 global resellers. As a result, Kerr was instrumental in positioning the company for a successful acquisition by Symantec.
Kerr also spent 15 years at Hyperion Software where he held various senior management positions including Vice President of Sales in North America and Group Vice President of EMEA. During his tenure at Hyperion, Kerr developed and led the company’s aggressive growth strategy, taking Hyperion from a $1.4 million start up, to an industry leader generating more than $700 million in revenue. Additionally, Kerr was instrumental in assisting with Hyperion’s public offering, helping put the company on a trajectory for its acquisition by Oracle a few years after Kerr left the organization.
Kerr holds a BA in Business and Finance from De Montfort University in Leicester, England.
In 2011, Erik was named the founding Director of the University of Florida Engineering Innovation Institute and in 2015 he was named Founding Executive Director of the Florida Engineering eXperiement Station (FLEXStation) at the University of Florida.
Erik’s early career encompassed project management and senior engineering positions at companies that included; NASA, Lockheed Martin, General Electric and Pratt & Whitney. In 1995, he joined the faculty of the University of Florida College of Engineering where he held positions as; Director of the University Center, Associate Director for the Engineering Research Center and the Florida Energy Systems Consortium, and Director of Industry Programs. He also managed the UF-High Tech Corridor research fund, providing investments in high tech company R&D collaborations. Erik was also a Principal for Cenetec Ventures, a private technology incubator and early stage venture fund. Erik co-founded and served as President of V2R Group, a premier university technology commercialization company that provides funding and executive level services to growing companies. Erik brings a wealth of technology and innovation experience to Red Lambda’s Board of Directors.
Dr. Saad Barrak’s career started in 1978 as an electrical design engineer for Kuwait Pre-Fabricated Buildings Company. In 1993, Dr. Barrak began working for International Turnkey Systems (ITS), bringing its growth from a small operation of US $3 million revenue to an international company of US$ 100 million revenue by 2001. In June 2002 as Director General, Dr. Barrak took for Mobile Telecommunications Company (MTC Kuwait, later Zain Group) from revenues of US $400 million to US $8.2 billion by the end of 2009. Dr. Barrak continues to have tremendous success throughout EMEA, driving billions of dollars in revenue, entering into groundbreaking partnerships, and driving triple-digit growth rates for nearly every organization he has been involved. Dr. Barrak was chosen as the winner of the Arabian Business eBusinessman of the Year award in 2003 and received the award from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE’s Minister of Defense, in recognition of his outstanding achievement in harnessing technology for the benefit of the general public. Also in March 2005, Dr. Barrak was awarded CEO of the Year award in the ICT sector from Datamatrix.
Ahmad Y. Haleem has 24 years of experience in mobile telephony with 17 of those years focusing within the Middle East and Africa region in business development, operational and financial roles. Currently, Mr. Haleem is a partner and founding shareholder in ILA. In February 2009, Ahmad Haleem joined Zain Group as an Advisor to Dr. Saad Al Barrak, Vice-Chairman and CEO of the Zain Group. In February 2010, he took on the role of Chief Strategy Officer of Zain Group. He advised on strategic, financial and operational matters regarding its 23 cellular phone operations as well as any expansion opportunities. Prior to joining Zain, Ahmad Haleem was the Chief Executive Officer of Wataniya International LLC, a company responsible for leading the pursuit of global expansion. Mr. Haleem has served positions as Director of Finance and Operations in Fastlink-Jordan, and Chief Financial Officer of Mobinil-Egypt. Mr. Haleem earned a Bachelors Degree of Science in Accounting from the University of Illinois, Chicago and obtained his CPA qualification in 1989. After 14 years of service with Motorola, he was appointed as CFO of Wataniya Telecom in Kuwait in 2001. In March 2004, he was appointed CEO of Wataniya International. Mr. Haleem has served as a member of the board of directors for many organizations, including Orascom Telecom Tunisie, Asia-Cell Telecommunications Company, Wataniya Telecom Algerie, Public Telecommunications Company Ltd. and Wataniya Telecom Maldives. He served as Chairman of Warf Telecommunications, an undersea cable company in the Maldives and of Wataniya Palestine Mobile Telecommunications Company in Palestine.
Kyle brings a strong track record to Red Lambda in building and leading successful sales and business development teams in a variety of software verticals including Enterprise Security, IT infrastructure, Data Center, Managed Services, and enterprise applications. These software solutions included SaaS, Cloud and on-premise deployment models. Prior to Red Lambda Kyle held a variety of executive positons at Protegrity Corporation including Cloud Sales, Marketing and Business Development. Prior to Protegrity, Kyle was the VP of Channel Sales at Kyriba Corporation, head of Business Development at Conduit Internet Technologies, and the Director of Business Development for Toronto-based Delano Technology. Prior to these roles, Kyle was an Industry Analyst and Research Director at Gartner, Inc. where he covered the ERP marketplace and vendors including PeopleSoft, Oracle and SAP.
Dr. Lewis M. Duncan currently serves as Provost of the U.S. Naval War College. Additionally, he continues as a founding member of the Board of Directors of the Center for the Advancement of Science in Space, responsible for managing the U.S. National Laboratory of the International Space Station. He also serves as an Associated Fellow of the United Nations Institute for Training and Research, supporting the global humanitarian missions of the United Nations Operational Satellite Applications Technology (UNOSAT) program. In addition, Dr. Duncan has held prestigious positions with leading colleges, universities, and one of the world’s largest science and technology organizations.
Dr. Duncan is also a founding Board member of Angeli Parvi, providing early-stage support and counsel to technology-based start-up ventures, serves as Chairman of the Board for SignalQuest LLC, and participates as a member of the Science & Management Advisory Committee for the National Astronomy and Ionosphere Center. Dr. Duncan holds a Ph.D. in Space Physics from Rice University and is internationally recognized as an accomplished research scientist in experimental space physics and radiophysics.
Jacques brings more than 25 years experience in senior marketing positions with leading software and high-technology technology companies. He has created marketing strategies and programs in multiple high-technology start-up organizations, ultimately driving multiple organizations to leadership positions in their respective industries and successful investor exits.
Prior to Red Lambda, Jacques led marketing for Tangoe, Inc. for 11 years, from the company’s start-up to an initial public offering. Before Tangoe, Jacques led marketing for Outlooksoft, a business performance management software company that was acquired by SAP. Prior to Outlook Soft, Jacques held a senior marketing position with IMA, which also completed a successful IPO during his tenure.
Even in its early stages, Red Lambda’s MetaGrid technology was recognized as strikingly different than anything in the industry. Among its first accolades was the prestigious SINET 16 Innovator award for “real-time security analysis of massive data sets.” This award is given to only a small group of the industry’s most innovative and potentially disruptive cybersecurity solutions, and was shared with representatives from defense, homeland security, intelligence and civilian federal agencies as well as commercial, investment and research communities. Red Lambda has continued to receive accolades, and was named a Red Herring Top 100 Global Winner, as well as a Red Herring 2014 Top 100 North America Winner. The company was named Most Innovative Company in the Software & Information Industry Association’s NextGen Awards for both 2014 and 2015 and "Florida Company to Watch" by GrowFL, a statewide program managed by economic development group GrowFL. Red Lambda was also selected “ Top 10 Cybersecurity Solution” by Capital Markets CIO Outlook Magazine , "10 Fastest Growing Cyber Security Companies - 2017" by Silicon Review, and most recently (2018) awarded, "10 Best Cyber Security Companies" by CIO Bulletin.
Bold, visionary solutions like MetaGrid always attract attention from savvy global leaders who recognize when a monumental shift is about to take place in an industry. That’s why Red Lambda has been able to forge strategic partnerships with marquis global companies including ILA Group and Virtustream, (two technology-focused business powerhouses in Bahrain and Saudi Arabia, respectively), along with Teradata, HCL, and the SAFR Group. We have made a significant commitment to our global partnership program in order to ensure that Red Lambda has a strong presence in the regions where our clients reside, and that they are fully supported by industry-leading companies that understand the needs and nuances of the local business environment.
Red Lambda currently has two lead investors, Vision2Reality Group (V2R) and ILA Group. Based in the U.S., V2R is a venture capital company focused on bringing highly innovative technologies to market. Comprised of seasoned, successful business executives, V2R excels at facilitating the transfer, commercialization and management of early-stage companies with disruptive technologies like MetaGrid, accelerating their growth through while minimizing go-to-market costs, increasing company value, and mitigating shareholder risk. Headquartered in the Kingdom of Bahrain, ILA Group is a pioneering venture in the Middle East. By leveraging the financial power of renowned regional investors with the extensive knowledge and experience of ILA’s managing partners, the firm has been successful in identifying a number of exciting emerging opportunities in the telecommunication and IT industries.