Lalit Kumar

Lalit Kumar Email and Phone Number

CFO at Versa Networks; Software CFO, 3 multi $B Exits, # SaaS, #CyberSecurity, #SASE, #ZeroTrust, ex-Medallia/Netsuite/Dell @ Versa Networks
Lalit Kumar's Location
San Francisco Bay Area, United States, United States
Lalit Kumar's Contact Details
About Lalit Kumar

Lalit is a successful late stage & public company CFO with proven experience scaling software (SaaS, Cybersecurity) businesses to success, multiple successful exits (IPO & M&A), raising funds (even in ultra tough capital markets of 2022), trusted advisor and partner to top tier VC firms and BOD members, extensive relationships with Research Analysts and in building & retaining world class finance teams.

Lalit Kumar's Current Company Details
Versa Networks

Versa Networks

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CFO at Versa Networks; Software CFO, 3 multi $B Exits, # SaaS, #CyberSecurity, #SASE, #ZeroTrust, ex-Medallia/Netsuite/Dell
Lalit Kumar Work Experience Details
  • Versa Networks
    Chief Financial Officer
    Versa Networks Oct 2021 - Present
    Santa Clara, California, Us
    Versa Networks (https://versa-networks.com/) is the leader in the Unified SASE, SSE and SD-WAN space. Founded by security and network industry veterans and backed by Blackrock, Sequoia Capital, Mayfield, Artis Ventures, Princeville Global Fund and other world class firms, the Versa mission is to address the security and networking challenges that Enterprises and Service Providers face, and connect branch offices, home offices, and users to applications wherever they exist. Lalit led a $120M fund raise in Oct 2022 for Versa with Blackrock and Silicon Valley Bank (https://www.reuters.com/markets/us/versa-networks-raises-120-million-led-by-blackrock-eyeing-ipo-2022-10-27/ ). If you recall, 2022 has been the toughest fund raising environment in a long time. A proven experienced leader, Lalit has led the Operational & Strategic transformation of the company's financial infrastructure, established and runs the Investor Relations function, established the Controllership, FP&A & Sales/Revenue Ops functions at Versa and is leading the transforming of the company for the next phase.Gartner has named Versa a Leader in its Gartner Magic Quadrant (https://versa-networks.com/resources/reports/gartner-magic-quadrant-single-vendor-sase-2023/).#Cybersecurity, #SASE
  • Medallia (Nyse Mdla)
    Vp Finance
    Medallia (Nyse Mdla) Feb 2018 - Sep 2021
    Medallia is a fast growing, recently IPOed SaaS category creator of the Customer Experience (CX) measurement platform. Forrester ranks Medallia as the leader in Customer Feedback management.Lalit led the "go-IPO" team involved in every aspect of IPO process from beginning upto the eventual IPO. Medallia went public in July 2019 raising $300M+, market cap of $4.5B and ending the first day 76% up over the listing price. Lalit runs all aspects of worldwide FP&A (GTM, Revenue, Opinc, cashflow; monthly, quarterly and annual budgeting; KPIs), BOD presentation support, Earnings release & Investor support etc. In this role, Lalit serves as key & trusted partner to Medallia's Executive team in operational decisions that have significantly influenced the growth of the company. During his time there, Medallia has almost doubled revenues, significantly improved profitability and Cashflow and has become a serial acquirer with 8+ acquisitions. Lalit co-manages key controllership functions (financial close, quarterly filings, Billings and collections, audit support etc).
  • Meltwater
    Worldwide Finance Director
    Meltwater May 2017 - Feb 2018
    San Francisco, California, Us
    Meltwater is a fast growing SaaS company, headquartered in SF with 40+ offices worldwide & IPO'ed in Dec 2020 on the Euronext Oslo Stock Exchange (MWTR) with a market cap of Euro 1.2B.Lalit is the Head of Finance reporting to the CFO & working directly with the Founder-CEO; Responsible for all aspects of SaaS sales finance, Bookings and Revenue planning, P&L management and BoD & Investor facing reporting. Lalit was also involved in a debt raise and led the Financial due diligence of acquisitions
  • Netsuite
    Worldwide Director
    Netsuite Nov 2014 - May 2017
    Austin, Tx, Us
    NetSuite was a publicly held SaaS company acquired by Oracle for $9.5B (largest enterprise SaaS deal at that time). Reporting to the CFO, Lalit was the Head of world-wide FP&A and Business Finance; Lalit was part of the small senior level Executive team involved in Oracle Acquisition. During Lalit's time at NetSuite, the company doubled revenue - from ~$500M to $1B+ - and acquired 5+ companies. Prior to the acquisition, Lalit was responsible in a public company environment for all aspects of monthly/quarterly/annual/multi year planning, financial close, quarterly earnings release and public filing rhythms. Post the Oracle acquisition, Lalit was the finance head of the "Netsuite Business Unit".
  • Logitech
    Fp&A Director - Sales & Marketing Finance (Americas & Worldwide Oem)
    Logitech Aug 2013 - Oct 2014
    San Jose, California, Us
    - Head ~$1B Consumer/Retail P&L in Americas and OEM worldwide - Responsible for all aspects of full P&L financial planning, monthly and quarterly close, P&L reporting and variance analysis, account financial planning, large deal pricing and contract negotiations etc. - Business partner for 13+ products, 20+ sales and marketing Account Executives World-wide
  • Dell
    Finance Director & Others
    Dell Jun 2004 - Jul 2013
    Round Rock, Texas, Us
    - Finance Leader for a Global, Fortune 1000 segment of >$500M P&L across >100 accounts and ~50 sales executives - Responsible for all aspects of financial planning, monthly and quarterly close, P&L Management reporting, account financial planning, large deal pricing and contract negotiations etc. - From 2004 to 2012, held various sales finance, services finance and Corporate finance positions that included supporting the CFO
  • General Electric
    Various (Six Sigma Black Belt & Sales Manager)
    General Electric Jun 1998 - Jun 2002
    Boston, Ma, Us
    - Six Sigma Black Belt with GE Capital - Sales Manager with GE Appliances

Lalit Kumar Skills

Strategy Forecasting Business Process Improvement Management Business Planning Cross Functional Team Leadership Outsourcing Business Analysis Pricing Six Sigma Leadership Mergers And Acquisitions Business Strategy Corporate Finance Start Ups Portfolio Management Finance Financial Analysis Analysis P&l Management Analytics Business Development Strategic Planning Business Process Change Management Financial Modeling Bpo Integration Vendor Management E Commerce Executive Management It Service Management Consulting Healthcare Lifesciences Due Diligence Financial Services Management Consulting Income Statement Strategic Financial Planning Business Transformation Acquisition Integration Financial Reporting Sales Management Business Intelligence Team Building Contract Negotiation Negotiation Technology Services Competitive Analysis

Lalit Kumar Education Details

  • The University Of Texas At Austin
    The University Of Texas At Austin
    General Management
  • Indian Institute Of Management, Calcutta
    Indian Institute Of Management, Calcutta
    Finance & Marketing
  • Indian Institute Of Technology, Roorkee
    Indian Institute Of Technology, Roorkee
    Mechanical Engineering

Frequently Asked Questions about Lalit Kumar

What company does Lalit Kumar work for?

Lalit Kumar works for Versa Networks

What is Lalit Kumar's role at the current company?

Lalit Kumar's current role is CFO at Versa Networks; Software CFO, 3 multi $B Exits, # SaaS, #CyberSecurity, #SASE, #ZeroTrust, ex-Medallia/Netsuite/Dell.

What is Lalit Kumar's email address?

Lalit Kumar's email address is sr****@****ail.com

What is Lalit Kumar's direct phone number?

Lalit Kumar's direct phone number is +141523*****

What schools did Lalit Kumar attend?

Lalit Kumar attended The University Of Texas At Austin, Indian Institute Of Management, Calcutta, Indian Institute Of Technology, Roorkee.

What skills is Lalit Kumar known for?

Lalit Kumar has skills like Strategy, Forecasting, Business Process Improvement, Management, Business Planning, Cross Functional Team Leadership, Outsourcing, Business Analysis, Pricing, Six Sigma, Leadership, Mergers And Acquisitions.

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