ThreatDown names finance & marketing chiefs to drive growth
Wed, 6th May 2026 (Today)
ThreatDown has appointed Chung Ip as chief financial officer and Lisa O'Reilly as vice president of marketing, expanding the executive team at the Malwarebytes business focused on corporate customers.
Ip will oversee finance for both ThreatDown and Malwarebytes, with responsibility for accounting, financial planning and analysis, investor relations, IT, legal and the people team. O'Reilly joins from iVerify, where she was vice president of marketing, and will lead marketing.
The appointments come as ThreatDown looks to build on a channel-led sales model aimed at mid-market companies and managed service providers. Its distribution business has risen from about 1% to 40% of revenue since adopting that approach.
Bundle adoption across its Advance, Elite and Ultimate tiers rose 14% in the second half of 2025, according to ThreatDown. Managed service provider customers also increased their use of add-on products by 12%.
Kendra Krause, general manager of ThreatDown, said the hires reflect that expansion.
"These appointments reflect where we are as a company," Krause said.
"We've built the partner model and proven the go-to-market strategy. Now we're investing in leadership to scale it. Chung brings the financial discipline to fuel growth, and Lisa brings the marketing leadership to help partners and customers understand the value ThreatDown delivers."
Finance brief
Ip most recently served as chief financial officer at fintech company Cleo, where he helped scale the business from 90 to nearly 600 employees and steered it to profitability, according to ThreatDown.
Before Cleo, he spent 15 years in investing roles at Accel-KKR and Outrider Management, working in private equity and special situations. That background gives him experience in corporate strategy and capital allocation as ThreatDown expands its international operations.
His remit extends beyond finance. In addition to accounting and investor relations, he will also oversee IT, legal and the people team, giving him a broad operating role across ThreatDown and Malwarebytes.
Ip outlined his view of the business in his first comments on the move.
"What excites me about ThreatDown is the combination of proven technology and a go-to-market model that's clearly working," Ip said.
"The channel momentum is real, the customer base is expanding, and the opportunity in the mid-market is significant. My focus is on building the financial foundation to accelerate that growth and create lasting value for our partners and customers."
Marketing focus
O'Reilly joins with experience across several cyber security vendors. In addition to iVerify, she previously served as vice president of marketing at SlashNext and held earlier senior roles at Proofpoint and Dell.
She will oversee ThreatDown's global go-to-market strategy and focus on marketing programmes designed to support partners and build sales opportunities in the mid-market. Her background aligns with the company's emphasis on indirect sales and managed service provider relationships.
At SlashNext, O'Reilly helped grow pipeline and annual recurring revenue from USD $1 million to USD $15 million, according to ThreatDown. The company added that she supported the business through a funding move from Series A to Series B and its acquisition by Varonis.
Her arrival adds another executive with business-to-business cyber security marketing experience as competition for mid-market customers intensifies. That segment has become a target for vendors seeking customers that need stronger security tools but often lack large in-house teams.
O'Reilly described ThreatDown's position in that part of the market in her statement on joining.
"ThreatDown is uniquely positioned in the market, combining the legendary detection pedigree of Malwarebytes with a streamlined platform built for today's lean cybersecurity teams," O'Reilly said.
"I'm committed to leading this expansion, specifically by building programs that empower our partners and prove to mid-market organizations that world-class security doesn't have to be complex."
Channel expansion
ThreatDown was formerly the corporate business unit of Malwarebytes. It has been positioning itself around managed detection and response and related security products for business customers, with a particular focus on channels and service providers rather than relying mainly on direct sales.
The increase in distribution revenue shows how far that strategy has shifted its sales mix. Moving from roughly 1% to around 40% suggests the company has become far more dependent on partners to reach customers, a model common among cyber security suppliers targeting smaller and mid-sized organisations.
That shift also helps explain the hires. A finance chief with investment and scaling experience can help manage a business adapting its commercial model, while a marketing executive with partner-focused cyber security experience can support distribution and reseller growth.
ThreatDown is targeting the mid-market and managed service provider segments as it broadens its leadership bench. The company is headquartered in California and also has offices in Europe.