Ex-Splunk CEO Joins $2 Billion Cloud Startup
Doug Merritt will lead cloud networking provider Aviatrix Systems.
Doug Merritt
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Cloud networking provider Aviatrix Systems Inc. has a new chairman and chief executive officer: former Splunk Inc. CEO Doug Merritt.
Aviatrix was valued at $2 billion by investors in 2021. Since then, the market for cloud computing has been upended. Many cloud customers are delaying or cutting back on spending overall, eating into the revenue of companies like Aviatrix. At the same time, businesses continue to shift their applications to the cloud.