VC-backed Utilidata names MacDermott as chief information security officer

Utilidata has hired Siobhan MacDermott as chief information security officer. Previously, MacDermott worked at AVG Technologies where she served as chief policy officer. Headquartered in Providence, Rhode Island, Utilidata is a provider of voltage optimization and digital automation solutions for the electric utility industry. Its backers include Formation 8 Partners, Saudi Aramco Energy Ventures, Braemar Energy Ventures and American Electric Power.


PROVIDENCE, R.I.–(BUSINESS WIRE)–Utilidata, Inc., the digital technology company focused on automated energy conservation and management for utilities and large industrial customers, announced today that Siobhan MacDermott has joined the firm as Chief Information Security Officer (CISO). Based at Utilidata’s Providence, R.I., headquarters, Ms. MacDermott is responsible for overseeing the company’s information technology and product security programs, and ensuring that Utilidata’s products and processes are developed with the challenges of 21st century cyber security in mind.
“We are very excited to have Siobhan join our team. Her deep knowledge of cyber security and critical infrastructure protection will be instrumental as Utilidata expands internationally”, said Scott E. DePasquale, Chairman and CEO of Utilidata. “Siobhan has been recognized globally for her thought leadership on cyber security and privacy issues”.
An industry veteran with an authoritative voice on the security topic, Ms. MacDermott most recently served as Chief Policy Officer of AVG Technologies (NYSE: AVG) and is a former executive at Intel Security (formerly McAfee Security). In addition to her global policy experience, she has authored three books on cyber security and is currently working on a fourth.
“Utilidata operates in a unique space where cyber security is mission critical,” said Ms. MacDermott. “I’m excited at the prospect of bringing my cyber experience to the utility sector and to helping Utilidata continue to be a thought leader in the Smart Grid space.”
Ms. MacDermott is a US and EU citizen, has worked on four continents and speaks five languages. She has an MBA from Thunderbird, a Global Master of Arts in Law and Diplomacy from the Fletcher School at Tufts University and advises and serves on several Board of Directors. She is the Vice Chair of the Fund for Peace.
About Utilidata:
Utilidata®, Inc. is a fast growing, best-in-breed technology innovator that is bringing sustainability to the electric distribution grid by improving energy efficiency, decreasing electricity demand and enabling renewables generation integration with its software applications for the Smart Grid of the future. With major clients including National Grid and American Electric Power, the company has a world-class production, research and development facility at its headquarters in Providence, RI. Utilidata is backed by leading venture capital firms from Silicon Valley and the East Coast and will be expanding across North America and into Asia, the Middle East and Europe.
Utilidata’s patented technology brings a new approach to voltage control that leverages advanced digital signal processing (DSP) techniques to extract relevant information from raw data. This approach enables real-time solutions for intelligent control that increase energy efficiency while providing a steady stream of insightful grid asset data to operators. For more information, please visit:


Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.