SimSpace Appoints Industry Veteran Michael Bayer to Board of Directors

BOSTON, April 15, 2025 /PRNewswire/ -- SimSpace, the global leader in cyber readiness and security optimization, today announced the appointment of Michael Bayer to its Board of Directors. With expertise in finance, operations, technology and business development roles, Michael will help guide SimSpace's strategic growth and innovation.

Michael currently serves as Executive Vice President and Chief Financial Officer for Wasabi Technologies, a provider of high performance cloud object storage. A chartered financial analyst (CFA), Adjunct Lecturer in Finance at Babson College, and Steering Committee member of The CFO Leadership Council, Michael brings over 25 years of experience as CFO and COO of numerous technology companies, helping them manage hypergrowth and achieve successful exits. He was honored as a Boston Business Journal CFO of the Year in 2018.

Michael previously served as CFO at organizations including ecommerce innovator MotherNature.com, where he managed the firm's IPO; optical networking company LightChip and storage appliance vendor Revivio, where he managed their acquisitions; iZotope, a provider of software and solutions for the audio industry; and a number of other companies across a wide array of technologies including software, mobile, ecommerce, healthcare information and cleantech.

"We are thrilled to welcome Michael to the SimSpace Board," said William "Hutch" Hutchison, CEO and co-founder of SimSpace. "Michael's deep expertise in guiding rapidly scaling technology companies delivering unique value through a differentiated platform will be tremendously helpful to the SimSpace team as we continue to assist leading enterprises and governments worldwide to accelerate their cyber readiness and resilience."

Michael holds an MBA from Cornell University, where he was an Albert Fried, Jr. Fellow, and a Bachelor of Science from Babson College. He also studied Computer Science and Economics at Brandeis University.

"I am honored to join the SimSpace Board of Directors," said Michael Bayer. "SimSpace's technology and innovative approach to cybersecurity delivers real value to help commercial and governmental enterprises understand cyber attacks before they happen. I look forward to contributing to the company's continued success."

For more information about SimSpace, visit www.simspace.com.

About SimSpace
SimSpace empowers organizations to radically reduce cyber risk and consolidate cyber spend without compromising their security posture. By providing a high-fidelity replica of production environments, SimSpace enables elite cyber defenders to simulate realistic kill chain scenarios to test and optimize their teams, tools, and processes. With automated capabilities that streamline 'what if' scenario exploration, organizations can train like they fight to immediately detect, analyze, and mitigate cyber threats in a secure environment that emulates their own production environment. SimSpace enables leading global enterprises to confidently manage risk, improve decision-making, and achieve true cyber readiness and resilience.

For media inquiries, please contact:
Ashley Baich
SimSpace Marketing Team
[email protected] 

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SOURCE SimSpace Corporation