The Israeli financial paper, Globes, interviewed (by Shlomit Lan, here, Hebrew) Rami Hadar [pictured], former Allot Communications' President and CEO about his new activity as one of the 3 managing partners of Eucalyptus, a new investment fund seeking now $300M investments.
The article also discusses Allot's current situation [see "Is there a Problem in the DPI Market?" - here], providing some remarks from Rami (who is still a member of Allot's board of directors):
- Of the 3 acquisitions made during his CEO term, Rami admits that one, the smallest, in the security space, was successful while the other two [see "Allot Buys Oversi for $16M in Cash" - here and "Allot to Buy Ortiva Wireless" - here] haven't yet shown success
- "Every company goes through a crisis each time it doubles its revenues. It happens to Israeli companies when they reach annual revenues of $100-120M and then they standstill till they find the next growth engine, which takes few years"
- "Almost half of Allot's revenues comes from 3-5 large customers [see "Allot: Two 10% Customers in 2014" - here] - that creates volatility. Andrei [Elefant, current CEO], understands that, and knows he needs to win more large operators and add complementary solutions. He announced recently that Allot entry into the security market [see "Allot CEO: We Compete Against Security Vendors " - here] - and I think it is the right direction for Allot"