Transcript
A (0:00)
Foreign.
B (0:08)
Welcome to Coruscant Technologies, home of the Digital Executive Podcast. Welcome to the Digital Executive. Today's guest is Charlie Thomas. Charlie Thomas is the Chief Executive Officer at Mitiga. Charlie is also a seasoned startup and growth stage executive with a proven track record in leading software and technology companies through all phases of expansion. As CEO, he has successfully scaled two startups to approximately $100 million in annual recurring revenue, guiding them through critical areas as capitalization, branding, product development, sales channel strategy, marketing, team building and corporate vision. Before joining Mitiga In January of 2025, Charlie was the founding CEO of DeepWatch, a leading managed detection and response provider. Under his leadership, Deepwatch emerged as a prominent player in the enterprise security, delivering cutting edge threat detection and response solutions to organizations worldwide. Well, good afternoon Charlie. Welcome to the show.
A (1:04)
Good afternoon Brian. It's nice to be here.
B (1:07)
Absolutely, my friend. I appreciate it. Appreciate you making the time this morning. I know it's early, you're on the east coast there in dc. I'm in Kansas City. But do appreciate the time. Love traversing the globe. So Charlie, jumping into your first question, you've scaled two startups to 100 million-plus in annual reoccurring revenue, experience as a board member and investor in and 14 + cybersecurity and tech companies. What common traits do you see in the startups that truly succeed long term?
A (1:34)
Yes, that's a great question, Brian. And there definitely are common traits. I'd say first and foremost is the management team that is leading the company. So I learned very quickly. I know there are a lot of capabilities and skills that I don't have. So I always make it a priority to recruit either as co founders or as senior executives. People around me that have great skills and talents that I don't that complement mine. In the case of Mitiga joining here, we already had three co founders who are very strong technically and really built a phenomenal product. But the first two companies I built, we had a really great team. Of course there needs to be the right timing and the right market opportunity. The first company, we were going through a period of deregulation in the broadband sector and that created an opportunity for new entrants competing against the giants in the B2B broadband space. But you could see it coming for several years so you could anticipate and then launch at the appropriate time. And that company took off. And then more recently, it was not driven by a regulatory move per se, but within the cyber sector you could see that managed security, managed services was going through another evolution. It was Going through that evolution, driven by new technology, new ways, more efficient, faster, better ways of doing things. And so the mdr, the managed detection and response industry, was born, if you will, in circa 2017, 18, that window. And you could see that the legacy approach of MSSP was going to be outpaced by mdr, leveraging technology and a platform to automate a lot of things that historically have been done manually, thereby giving a much better outcome from a security lens to the end customers and also doing it more economically. So those companies have grown nicely. The common trait across the board was each of the companies I've been involved in, we've had an exceptional kind of founding team, if you will.
