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  • Enterprise AI

Virtana Names David Stack CFO for $14B Market Expansion


Virtana Names David Stack CFO for $14B Market Expansion
  • by: Source Logo
  • |
  • August 19, 2025

Virtana, a leader in deep observability, announced on August 18, 2025, the appointment of David Stack as Chief Financial Officer to spearhead its financial strategy and accelerate growth in the $14 billion observability market.

Quick Intel

  • Appointment: David Stack named CFO, effective August 18, 2025.

  • Experience: Over 20 years in financial leadership, including CFO at HubSpot.

  • Market Opportunity: Global observability market projected to reach $14B by 2028.

  • Recent Milestones: Acquisition of Zenoss, launch of AI Factory Observability (AIFO), and NVIDIA partnership.

  • Role: Stack to lead financial strategy for scaling and M&A activities.

  • Sources: PR Newswire, Virtana website, The AI Journal.

Strategic Leadership Appointment

Virtana appointed David Stack as CFO to navigate the rapidly growing observability market, expected to hit $14 billion by 2028. Stack brings over two decades of experience, having driven hypergrowth at HubSpot and held leadership roles at Localytics, EMC, and RSA Security. “The observability market represents one of the most compelling growth opportunities in enterprise technology today,” Stack said, highlighting Virtana’s AI-driven solutions and recent acquisitions as key differentiators.

His expertise in revenue expansion, market scaling, and mergers and acquisitions (M&A) aligns with Virtana’s aggressive growth strategy. CEO Paul Appleby emphasized, “David brings exactly the combination of enterprise-scale experience and high-growth company agility we need.” Stack’s prior board roles at Crayon, Wellframe, and BrandYourself further equip him to maximize Virtana’s market impact and operational efficiency.

Virtana’s Market Momentum

The appointment coincides with Virtana’s strong momentum, marked by:

  • Acquisition of Zenoss (May 2025): Expanded event intelligence and service observability capabilities.

  • AI Factory Observability (AIFO) Launch (May 2025): Provides full-stack visibility for GPU clusters and AI workloads, showcased at Dell Technologies World 2025.

  • NVIDIA Partnership (August 2025): Enhances AI infrastructure observability with native GPU telemetry integration.

  • Virtana Platform Launch (November 2024): Unifies visibility across on-premises, cloud, and Kubernetes environments.

  • OpsCruise Acquisition (2023): Strengthened container and cloud-native monitoring.

  • Patents Awarded (2023): For AI-driven application dependency mapping, cloud migration, and cost optimization.

  • CRO Hire: Kate FitzGerald joined to drive global sales expansion.

These milestones position Virtana to capitalize on enterprise demand for unified observability in hybrid and AI-driven environments.

Financial and Industry Context

The observability market’s projected growth to $14 billion by 2028 reflects enterprises’ shift toward hybrid and multi-cloud environments. Virtana’s AI-powered platform, including AIFO and Virtana Copilot, delivers real-time insights into GPU utilization, performance bottlenecks, and cost drivers, serving Global 2000 clients like Hitachi Vantara. Posts on X, such as from @VirtanaCorp, underscore Stack’s appointment as a catalyst for scaling Virtana’s financial operations. Virtana’s $218M in funding and partnerships with NVIDIA and Hitachi bolster its competitive stance against rivals like Datadog and Dynatrace in the $100B IT operations market.

 

About Virtana

Virtana is the leader in observability for hybrid infrastructure. The AI-powered Virtana Platform delivers a unified view across applications, services, and underlying infrastructure, correlating user impact, service dependencies, performance bottlenecks, and cost drivers in real time. Trusted by Global 2000 enterprises, Virtana helps IT, operations, and platform teams improve efficiency, reduce risk, and make faster, AI-driven decisions across complex, dynamic environments. 

  • VirtanaDavid StackObservabilityAI Infrastructure
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