Denver Maddux discusses Megaport's European expansion and acquisitions
Financial Year 2016 Reporting
Investor Information & Documents
Megaport was founded in 2013 with the aim of becoming a global leader in the fast growing elastic interconnection services market. Using Software Defined Networking the Company has developed a platform that provides customers with the ability to provision interconnection services between their network and other networks and cloud providers already connected to the Megaport Fabric. Services can be directly controlled by the customer via a device such as a mobile phone or tablet, their computer or our open API.
Since commencing operations in January 2014, Megaport now operates globally with some of the worlds major cloud service providers, network operators, and content providers. Megaport is an Amazon AWS Technology Partner, Microsoft Azure ExpressRoute Partner and Google Cloud Interconnection partner.
In August 2015, Megaport achieved a major milestone in opening its North American headquarters in San Francisco that will be used as a base of operations to for its North American expansion into the initial markets of Los Angeles, San Francisco Bay Area, Seattle, New York, Chicago, Washington DC, Dallas and Toronto. December 2015, Megaport was listed on the Australian Stock Exchange in a very successful IPO to help fund the growth strategy, which in turn has enabled the building of a strong team and product.
Megaport completed the network expansion in North America and Europe, bringing Megaport from 34 locations in four countries to 102 locations across 17 countries. Additionally, the IPO enabled the company to complete an acquisition in Europe before the end of June 2016. In August 2016, another acquisition in Germany was announced; Peering GmbH, which added an additional 30 locations in seven markets to the Megaport network, including 28 in Germany. This is a net growth of 98 new locations globally where customers can now connect to Megaport, nearly quadrupling our total locations in the eight months since our IPO.
Board of Directors
Founder and Executive Chairman
Bevan comes from a background in building successful Australian IT and telecommunications companies and an earlier career in administration in local and state government.
In 2010 he founded NEXTDC Limited, with a vision to become Australia’s largest independent datacentre provider. As the inaugural CEO of NEXTDC, Bevan oversaw its listing on the ASX and its initial facility rollout. Today, NEXTDC has facilities in Brisbane, Sydney, Canberra, Melbourne and Perth and is Australia’s largest datacentre provider in terms of geography and IT power capability.
In 2002, Bevan co-founded PIPE Networks which grew to become Australia’s largest Internet Exchange and Australia’s third largest metropolitan fibre network provider with over 1,500km of fibre in 5 cities connecting 80 data centres, 250 Telstra exchanges and over 1000 buildings. In 2009, PIPE Networks completed construction of Pipe Pacific Cable 1 (PPC-1), a $200 million submarine cable system linking Sydney to Guam. PIPE Networks was sold to TPG for an enterprise value of $420m in May 2010. Bevan is a former Non-executive Director of Asia Pacific Data Centre Trust and also one of its largest shareholders. Bevan is also a Director on the board of Swimming Australia. Bevan holds a Master of Business Administration from Central Queensland University.
Chief Executive Officer and Executive Director
Denver has been working in the Internet industry since 1994 with key companies designing infrastructure and contributing intellectual property to large-scale, global networks and services.
Denver has taken engineering and leadership opportunities in emerging sectors of the Internet industry. In 1998 he joined the Globalcenter team, which was later bought by Global Crossing and then Level 3, building layer 3 and MPLS telecommunications infrastructure.
In 2005 he joined Limelight Networks, Inc., as VicePresident of Network Engineering, setting the foundation for global CDN services, leading the creation of one of the largest traffic moving networks on the Internet and taking the Company into a leading role in global Internet interconnection.
In 2011 Denver joined Microsoft as Senior Director, Strategy and Planning for Global Networking Services, responsible for their interconnection and cloud networking infrastructure development, helping to reshape the Microsoft networking team, acquiring top global talent in engineering and interconnection, and transforming the edge service footprint of their global services.
Denver is a passionate technologist focused on the evolution of Networking-as-a-Service, the role it has in the growing cloud computing movement, and future alignment of network services with ever-changing customer needs.
Drew is the Managing Director for Docusign Inc. in the Asia-Pacific. His career has spanned over 30 years as a global business leader and professional Board Director in the ICT and telecommunications arena. He has held senior operational roles in the UK, Europe, India, US and Australasia. In addition to executive leadership roles, Drew has been responsible for start ups, M&A transactions, and IPO activities. He would describe himself as a “professional entrepreneur”.
Previous to Docusign, Drew was the Executive VicePresident of business markets at T-Mobile USA, responsible for developing and executing their latest operational strategies in a $7 billion dollar division.
Prior to that, Drew was the President of Bharti Airtel Business in India and SE Asia, as well as Managing Director of Telstra International.
Drew holds a Bachelor of Science with commendation in Electrical and Electronic Engineering from the University of Western Scotland. He is a chartered engineer with the Institute of Electrical and Electronic Engineers and is currently the Non-Executive Chairman of Mobile Embrace Limited I as well as being a Non-Executive Director at ENICE, Firstwave, and LIMAS Stockwatch.
Simon Moore is Managing Director and a Global Partner of The Carlyle Group. Prior to joining The Carlyle Group in 2005, Simon was a Managing Director and Investment Committee Member of Investcorp International, Inc., based in New York. Prior to that, Simon worked in private equity investments and investment banking at J.P. Morgan & Co. in New York, Hong Kong and Melbourne.
Simon holds a Bachelor of Commerce (Hons) and a Bachelor of Law (Hons) from the University of Queensland. He is currently Chairman of Coates Hire, a Non-Executive Director of Healthscope and an Alternate Director of Qube Holdings.
Mr Hase brings a wealth of industry expertise and experience to the Board, with over 30 years of experience in technology and telecommunications businesses across Europe and the U.S. He is currently the Managing Director (EMEA) of Auster Capital Partners (ACP), a targeted Venture Capital/Private Equity firm with a specialization in small and mid-tier companies in high growth markets.
Prior to joining ACP, Peter was at Telstra International and was fundamental in the strategic review of the US business (working in New York) and during his time as interim CEO he achieved 300% sales growth. Peter was then closely involved in the revision and expansion of the Telstra European business – appointed as CMO in January 2007 and then became SVP Global Business Development in 2008.
Celia Pheasant is an experienced in-house information and communications technology (ICT) lawyer with over 20 year’s legal experience. Currently, Celia is General Counsel for technology start-up incubation company, Capital B, and has provided legal and company secretarial support to Megaport since April 2014.
Celia commenced her career in private practice before continuing with in-house roles with Hutchison Whampoa and AAPT.
Celia holds a Bachelor of Laws and Bachelor of Arts (Jurisprudence) from the University of Adelaide and a Master of Law and Management from the University of New South Wales.